Catching up with Indonesia’s fintech industry

Davis, Kristen; Maddock, Rodney; Foo, Martin

doi:10.1080/17521440.2017.1336398

Cited by 62 publications

(54 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Banks and other financial services companies found that FinTech has brought innovations into the financial market with mobile payment FinTech (Gulamhuseinwala, Bull, & Lewis, 2015). FinTech has various benefits such as enable the ordinary people with limited knowledge of finance to access financial services (Skan, Dickerson, and Masood, 2015), could give new alternatives that magnify both the efficiency and the quality of financial services (Spigt and Li, 2015), provide big social impact and quickly adapt to changes in the business environment (Soriano, 2017), could overcome the high rate of unbanking citizen as well as the low level of financial inclusion (Davis, Maddock & Foo, 2017). In the other side, FinTech also have high failure risks, such as power failure, communication failure, system failure, user misused, natural disasters, theft, and system resource damage, fraud, sabotage, viruses, and embezzlement (Mathur, Mathur, and Pandya, 2015;Teja, 2017).…”

Section: Introductionmentioning

confidence: 99%

“…The term "mobile payment" defined as various functionalities which are held via mobile phones technology to make payments, bank transfers, eWallets, and peer-to-peer transfer (transfer of money between two individuals in real-time). Based on Davis, Maddock & Foo (2017), the economic challenges of Indonesia are as follows: First, Indonesia needed the development of financial systems policy to better tap into foreign investors and allocate funds domestically; Second, Indonesia has geographically difficulties to deliver financial services; Third Indonesia has low level of financial inclusion. All of them could be overcome by the usage of FinTech.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

The Mobile Payment Fintech Continuance Usage Intention in Indonesia

Putritama

2019

JECO

View full text Add to dashboard Cite

This research aimed to determine both positive and negative factors influencing the continuance usage intention of mobile payment FinTech in Indonesia. This research used an exploratory sequential mixed methods research design with a questionnaire as the first research instrument followed by semi-structured interviews. This research found that both the perceived benefit and perceived risk significantly influenced the mobile payment FinTech continuance usage intention in Indonesia but, the perceived benefit had a stronger impact than the perceived risk. Convenience had the most substantial positive impact on the perceived benefit, which later increased the mobile payment FinTech continuance usage intention. Financial risk had the strongest influence on the perceived risk, which later reduces the mobile payment FinTech continuance usage intention. Keywords: mobile payment FinTech, continuance usage intention, Indonesian consumerNiat Penggunaan Berkelanjutan dari Pembayaran Seluler Fintech di Indonesia Abstrak: Tujuan dari penelitian ini adalah untuk menentukan faktor-faktor positif dan negatif yang mempengaruhi niat penggunaan berkelanjutan dari pembayaran seluler FinTech di Indonesia. Penelitian ini menggunakan desain penelitian metode campuran sekuensial eksploratori dengan kuesioner sebagai instrumen penelitian pertama diikuti oleh wawancara semi-terstruktur. Penelitian ini menemukan bahwa baik manfaat yang dirasakan maupun risiko yang dirasakan secara signifikan mempengaruhi kelanjutan penggunaan pembayaran seluler FinTech di Indonesia tetapi manfaat yang dirasakan memiliki dampak yang lebih kuat daripada risiko yang dirasakan. Kenyamanan memiliki dampak positif yang paling kuat pada manfaat yang dirasakan, yang kemudian meningkatkan niat kelanjutan penggunaan pembayaran seluler FinTech. Risiko keuangan memiliki pengaruh paling kuat pada risiko yang dirasakan, yang kemudian mengurangi niat kelanjutan penggunaan pembayaran seluler FinTech. Kata kunci: mobile payment FinTech, niat kelanjutan penggunaan, konsumen Indonesia

show abstract

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The Mobile Payment Fintech Continuance Usage Intention in Indonesia

Putritama

2019

JECO

View full text Add to dashboard Cite

show abstract

“…Kemajuan e-finance dan teknologi mobile untuk perusahaan keuangan, mendorong inovasi Fintech muncul setelah krisis keuangan global di tahun 2008 dengan menggabungkan e-finance, teknologi internet, layanan jejaring sosial, media sosial, kecerdasan buatan, dan analitik Big Data (Lee & Shin, 2018). Hal ini menantang banyak lembaga keuangan tradisional seperti Bank untuk mengembangkan bisnis model tersebut (K Davis, Maddock, & Foo, 2017). Namun bukan hanya industri keuangan tradisional, para startup melihat ini sebagai peluang untuk masuk dalam industri layanan keuangan.…”

Section: Pendahuluanunclassified

Financial Technology (Fintech) Dalam Perspektif Aksiologi

Suryono

2019

masy. telematika dan inf.

View full text Add to dashboard Cite

A technology is generated from the development of science which is then implemented in society. Changes in science to technology are inseparable from scientists. A scientist will be confronted with personal interests or interests of the general public which bring to the issue of scientific ethics and value-free problems. Likewise with the progress of e-finance and mobile technology for financial companies. This prompted Fintech's innovation to emerge after the global financial crisis in 2008 by combining e-finance, internet technology, social networking services, social media, artificial intelligence, and Big Data analytics. In addition, with the development of the digital economy, Fintech is present as an innovation. But in its development, there are still positive and negative issues from the application of Fintech that provide many new perspectives that lead to moral and ethical issues. By adopting the Kitchenham Systematic Literature Review (SLR) approach, this study identifies what problems occur in the development of Fintech. Using three databases, including SCOPUS, ScienceDirect, and IEEE Xplore and Mendeley devices for journal database management, this study attempts to formulate an understanding of Fintech, Fintech variety, trends and Fintech innovations, what problems arise from Fintech innovation and how solutions are implemented Fintech

show abstract

“…Meanwhile, the report of Rijanto explains the financial inclusion for Small Medium Enterprise (SME) in Indonesia [5]. Along with the increasing emergence of Fintech start-up in Indonesia, there are several researches which specifically discuss the existence of it [6][7][8][9].…”

Section: Introductionmentioning

confidence: 99%

Fintech for Financial Inclusion: Indonesia case

Rahmi¹

2019

Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018)

View full text Add to dashboard Cite

Financial inclusion has been a significant agenda in the most government policy. However, based on the World Bank Report, in worldwide only 41% of adults have a bank account in developing country; while among adult living in extreme poverty, the number drops to only 20%. Technological progress is essential to economic development. The emergence of financial technology (Fintech) has become one of notable trend in the world of financial services. The article discusses some potential impact of financial technology to the progress of financial inclusion in Indonesia.

show abstract

Catching up with Indonesia’s fintech industry

Cited by 62 publications

References 0 publications

The Mobile Payment Fintech Continuance Usage Intention in Indonesia

The Mobile Payment Fintech Continuance Usage Intention in Indonesia

Financial Technology (Fintech) Dalam Perspektif Aksiologi

Fintech for Financial Inclusion: Indonesia case

Contact Info

Product

Resources

About