Interest rates as a finance battleground? The rise of Fintech and big tech credit providers and bank interest margin

Hodula, Martin

doi:10.1016/j.frl.2023.103685

Cited by 9 publications

(5 citation statements)

References 23 publications

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“…Overall, the acceptance and adoption of fintech is likely to continue to grow as more people become aware of the benefits of using these technologies (Cornelli et al, 2020). As the use of fintech becomes more widespread, it is likely that traditional financial institutions will need to adapt and incorporate these technologies to remain competitive (Hodula, 2023). If we look more specifically at fintech adoption in the VOSviewer, we get the following results.…”

Section: Analysis Of Consumer Behaviour and Acceptance In Fintechmentioning

confidence: 97%

Consumer Behaviour and Acceptance in Fintech Adoption: A Systematic Literature Review

Saputra,

Santosa,

Permanasari

2023

AIP

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The literature review was conducted systematically, following a rigorous process to address specific research questions. The review procedure was designed to provide guidance and minimize researcher bias. It outlined the study selection process, including inclusion and exclusion criteria, research questions, search methods, quality evaluation, and data extraction and synthesis. The Scopus database was utilized for this systematic literature review, and a comprehensive search was conducted to identify relevant studies. We used the Kitchenham systematic literature review (SLR) method required to process metadata at the time of processing this SLR, and PRISMA guidelines for reporting systematic literature reviews and meta-analyses. Additionally, VOSviewer analysis was employed to gather data on the sources used by individuals and organizations to access information about fintech products and services, and to understand their influence on acceptance behaviour. A total of 850 publications were identified and screened, with 70 fintech customer acceptance studies meeting the inclusion and exclusion criteria. These studies were published between 2012 and 2022 and were limited to Scopus indexed journals. To maintain focus, specific research questions (RQ) were developed, and data were gathered accordingly to address each RQ while adhering to quality standards. Reviews and quality checklists were used to extract relevant data, prioritizing the most comprehensive publication when multiple sources reported the same data. The primary studies analysed indicated that research into fintech acceptability spans various scientific disciplines, including computer science, information technology, business management and marketing. The technology acceptance model (TAM) emerged as the most used approach for measuring user acceptance of fintech services, as identified in 43 out of 70 publications. Furthermore, several researchers have incorporated additional factors such as performance, social influence, cultural and religious values, knowledge, and service quality to enhance the understanding of fintech acceptance.

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Section: Analysis Of Consumer Behaviour and Acceptance In Fintechmentioning

confidence: 97%

Consumer Behaviour and Acceptance in Fintech Adoption: A Systematic Literature Review

Saputra,

Santosa,

Permanasari

2023

AIP

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“…The prime rate is the interest rate banks are willing to lend money at the lowest possible cost. The prime rate will increase (Rassier and Earnhart, 2015;Hodula 2023). An increased interest rate has an impact on loan repayments, credit card repayments, and the ability and opportunity to get more financing.…”

Section: Interest Ratesmentioning

confidence: 99%

Challenges Experienced by SMMEs and Interventions by the South African National and Provincial Government: A Literature Review

Sibiya,

Van der Westhuizen,

Sibiya

2023

AJIMS

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Small, Medium, and Micro Enterprises (SMMEs) are pivotal players in economies worldwide, especially in developing and emerging economies, where they contribute significantly to job creation, poverty alleviation, and innovation. Despite their limited capital and financial resources, SMMEs play a vital role in new product development and technological innovation, driving industrial renewal and economic growth. This study employs a qualitative content analysis approach to examine the challenges and opportunities confronting SMMEs. Data for this analysis were drawn from various scholarly sources, including journals, books, and reputable academic publications. The findings of this theoretical literature review underscore that while SMMEs aim to foster economic growth and formalize their presence, regulatory and legislative frameworks often present stringent compliance requirements, posing significant challenges. This research highlights the potential of national and provincial public sector institutions to facilitate SMME growth and development, ensuring their stability and prominence within the economy.

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“…Sheng (2021) studied the impact of fintech credit companies on banks depending on their size and observed that large banks have more opportunities to introduce innovations into their processes and are therefore more resistant to this impact than small banks. Using data from various countries, Hodula (2023) found that the development of fintech companies providing lending services reduces loan interest and increases deposit interest. Banks are forced to digitise their services and invest in technology to make a profit.…”

Section: Business Ecosystemmentioning

confidence: 99%

An exploratory review of the fintech influence field

Maknickienė,

Lapkovskaja

2024

J. Infras. Policy. Dev.

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Fintech as a three-dimensional phenomenon reflects the rapidly changing technological, financial and business environment. The bibliometric analysis of scientific articles allowed us to identify the main themes and create a map of the field of fintech influences. Systematization of scientific articles revealed the influence of economic development and socio-demographic inequality on fintech development. Government regulatory policies can accelerate the digitisation of financial services and financial inclusion and help the fintech sector face geopolitical challenges. Fintech’s impact was divided into three areas: financial stability and sustainable development, the business ecosystem and human behaviour. The research we summarised allowed us to identify the mechanisms through which fintech influences various fields. A complex approach to the influence of fintech enables us to understand the phenomenon and make better decisions.

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Interest rates as a finance battleground? The rise of Fintech and big tech credit providers and bank interest margin

Cited by 9 publications

References 23 publications

Consumer Behaviour and Acceptance in Fintech Adoption: A Systematic Literature Review

Consumer Behaviour and Acceptance in Fintech Adoption: A Systematic Literature Review

Challenges Experienced by SMMEs and Interventions by the South African National and Provincial Government: A Literature Review

An exploratory review of the fintech influence field

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