Achieving a strategic fit in fintech collaboration – A case study of Nordea Bank

Riikkinen, Mikko; Pihlajamaa, Matti

doi:10.1016/j.jbusres.2022.05.049

Cited by 12 publications

(2 citation statements)

References 57 publications

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“…Strategi aliansi mengacu pada gagasan luas tentang pengaturan kerja sama antara bisnis yang digambarkan sebagai pengaturan kerjasama antar perusahaan yang bertujuan untuk mencapai tujuan strategis para mitra [9]. Untuk mempertimbangkan peluang Fintech, bank perlu mengembangkan kerangka kerja tertentu dan kriteria kemitraan Fintech potensial sehingga bank dapat fokus pada kemitraan di bidang yang paling bermanfaat bagi bank, pelanggan dan pemegang saham, dengan kontrak yang lebih relasional ini yang menekankan perilaku kooperatif, saling ketergantungan dan timbal balik antar pihak dengan sendirinya mengurangi potensi perilaku oportunistik dengan merancang kontrak bersama dengan sistem dan struktur operasional yang mendorong perilaku kolaboratif yang diinginkan [10].…”

Section: Pendahuluanunclassified

Strategi Aliansi Bank Nagari dalam Menghadapi Disrupsi Teknologi Fintech

Mayasari,

Pujani,

Hamidi

2023

INFEB

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The purpose of this study was to determine Bank Nagari's leading business segment, the type of Fintech and the collaboration model most suitable for Bank Nagari. This type of research is a case study with a descriptive qualitative approach. Research respondents are strategists or decision makers at Bank Nagari. This study uses primary data obtained from respondents' answers in the form of filling out questionnaires and interviews, namely data obtained directly from the object of research. The data analysis technique uses the Quantitative Strategic Planning Matrix (QSPM) to select alternative strategies which include Internal Factor Evaluation (IFE) matrix analysis, External Factor Evaluation (EFE) matrix analysis, weighting, rating determination and multiplication of weights with ratings. The results showed that the value of selecting the bank's business segments, namely MSME and Commercial, was the most attractive alternative strategy or had the highest average TAS score of the other alternative strategies (5.784), the value of choosing the type of Fintech P2P Lending was the most attractive alternative strategy or had a total score The highest average TAS of the other strategic alternatives (5.310), the value of selecting the Channeling as collaboration model is the most attractive strategic alternative or has the highest average Total TAS score of the other strategic alternatives (5.199).

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Section: Pendahuluanunclassified

Strategi Aliansi Bank Nagari dalam Menghadapi Disrupsi Teknologi Fintech

Mayasari,

Pujani,

Hamidi

2023

INFEB

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“…Fintech enables customers to conveniently manage their accounts, transfer funds, execute payments, and even apply for loans or investments from the convenience of their own devices. This enhanced customer experience meets consumer expectations and lures new clientele, leading to heightened customer retention and bank customer acquisition (Riikkinen and Pihlajamaa 2022).…”

Section: Introductionmentioning

confidence: 96%

A Systematic Review of Fintech and Banking Profitability

Tarawneh,

Abdul-Rahman,

Mohd Amin

et al. 2024

IJFS

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Financial technology (Fintech), characterized as technology-driven financial innovation, has catalyzed significant economic growth across various nations. The Fintech sector has experienced remarkable expansion, boasting vast user numbers. While regions like the United States and China have seen accelerated Fintech development, other areas like Western Europe, Eastern Asia, and the Middle East continue their evolutionary journey with this technology. Our research offers a systematic review of contemporary literature, probing the crucial Fintech metrics affecting bank profitability and identifying the primary factors influencing these profits. This review introduces a holistic methodology for quantitatively assessing the evolving Fintech measures and their interplay with determinants of bank profitability. According to the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) guidelines, our study evaluates 28 articles from Web of Science and Scopus databases from August 2019 to August 2023. Findings delineate two principal themes: Fintech measures at both bank and country levels and determinants of profitability, encompassing bank-specific and country-specific variables. We utilize the Theories, Constructs, Contexts, and Methods framework to chart the course for future research. Our insights bear significance for theoretical progression and practical implementation, offering academics, banking professionals, and policymakers a nuanced comprehension of the nexus between Fintech and bank profitability.

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