Banking and Fintech: A Challenge or Opportunity?

Romānova, Inna; Kudinska, Marina

doi:10.1108/s1569-375920160000098002

Cited by 128 publications

(90 citation statements)

References 2 publications

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“…FinTech has become an integral part of the financial and banking industry (Romānova & Kudinska, 2017). However, the effect of P2P loans on the banking industry still varies.…”

Section: Fintech (P2p Lending) and Banksmentioning

confidence: 99%

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Indonesian Peer to Peer Lending (P2p) at Entrant’s Disruptive Trajectory

Kohardinata

Soewarno

Tjahjadi

2020

Business: Theory and Practice

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Peer to peer (P2P) lending in Indonesia has been growing rapidly, therefore there is the potential for disruptive innovation processes in the financial sector. The aim of this study is to examine the impact of the growth of P2P lending on the growth of bank lending for micro, small and medium enterprises (MSME) and Non-MSME debtors. Separating the scale of the debtor is important, given the initial process of disruptive innovation of reaching areas that are not the incumbent’s main target. The examination was conducted in this study using panel data regression, whereby the examination was done in stages. This was an overall examination without differentiating between the regions, further examination conducted with more detail by separating between the loans inside and outside Java Island. This is because the economic structure in Indonesia is still dominated by the regions in Java, but FinTech is generally able to grow in areas with less developed local economies. The result of this study is consistent overall, Java and outside Java Island, as shows that the growth in P2P lending in Indonesia does not have a significant impact on the growth of bank loans for Non-MSME lending. However, it does have a negative impact on the growth of bank loans for MSME lending. This is in line with the entrant’s disruptive trajectory process by which the entrants enter the competition through an underserved market (niche markets) and not through the main target market of the incumbent (MSME).

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“…FinTech has become an integral part of the financial and banking industry (Romānova & Kudinska, 2017). However, the effect of P2P loans on the banking industry still varies.…”

Section: Fintech (P2p Lending) and Banksmentioning

confidence: 99%

“…Some members of the financial services industry see FinTech's growth as a threat to the traditional banking sector. While others see that FinTech can turn into an opportunity because it provides more flexibility and better functionality in several banking fields (Romānova & Kudinska, 2017).…”

mentioning

confidence: 99%

Indonesian Peer to Peer Lending (P2p) at Entrant’s Disruptive Trajectory

Kohardinata

Soewarno

Tjahjadi

2020

Business: Theory and Practice

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“…Revolusi industri diberbagai sektor mendorong perekonomian disuatu negara menjadi lebih signifikan. Salah satu sektor industri yang menarik untuk dikaji adalah industri jasa keuangan (Romānova & Kudinska, 2017). Beberapa kajian yang menarik tentang industri jasa keuangan yaitu "bagaimana sistem operasional jasa keuangan di era revolusi?"…”

Section: Pendahuluanunclassified

Analysis Of The Factors Which Hinder Undergraduate Students In Using Fintech

Setyastanto

Leksono

Vhalery

2019

JIPE

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Fintech, financial technology-based revolution, becomes one of the topic which interested to discuss. Fintech as the newest service, marked that the change of era is getting sophisticated. However, not all of the community members are able to maximize fintech use. One of them is undergraduate students. The purpose of this research is to know the factors which hinder the undergraduate students to use fintech by using factors formation analysis. From 13 variable, there are only 12 valid variable. The result of the analysis showed that there are four factors formed which contribute 78, 23%. The first factor is fintech based factor, second is individual factors, third is company’s management system, and fourth is political factor.

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“…The focus of their design and commercialization is customer oriented and the internet platform is used to move it forward (Prashantham & Yip, 2017). These firms provide services using social networks and conduct activities previously managed by banks (Romānova & Kudinska, 2016). b) Unicorns are companies having a theoretical value of more than US$1 million.…”

Section: Activities Industry Believe Consumers Are Already Conductinmentioning

confidence: 99%

Is Pakistan Ready to Embrace Fintech Innovation?

Rizvi

Naqvi

Tanveer

2018

LJE

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Pakistan is an emerging market for fintech, with increasing facilitation for digital payments, widespread internet and smartphone penetration, consumer preferences for social media and booming online commerce. Also, the State Bank of Pakistan provides sound regulations, which act as a platform for fintech growth. While regulations are necessary, they might also become a threat for an industry still in its infancy. This paper aims to provide a qualitative assessment of economic, demographic and technological factors that are conducive for the penetration and growth of fintech in Pakistan. A second, but no less important, objective of this paper is to look at the regulatory framework governing fintech and its contribution in making the segment an active or dormant player in the financial services industry.

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Banking and Fintech: A Challenge or Opportunity?

Cited by 128 publications

References 2 publications

Indonesian Peer to Peer Lending (P2p) at Entrant’s Disruptive Trajectory

Indonesian Peer to Peer Lending (P2p) at Entrant’s Disruptive Trajectory

Analysis Of The Factors Which Hinder Undergraduate Students In Using Fintech

Is Pakistan Ready to Embrace Fintech Innovation?

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