The Effect of The Application of Financial Technology (Fintech) on the Value of Companies in the Banking Industry Listed on the Indonesia Stock Exchange

Kartanto, Lucky (2021) The Effect of The Application of Financial Technology (Fintech) on the Value of Companies in the Banking Industry Listed on the Indonesia Stock Exchange. International Journal of Scientific and Research Publications, 11 (10). pp. 23-27. ISSN 2250-3153

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Abstract

The presence of the digital economy is felt by the increasing rise of business and commerce that use the internet as a medium of communication and collaboration of relationships between companies and individuals. In the early 1990s, almost the entire world was affected by the internet revolution, whose main impact was the declining cost in financial transactions. The growth of smartphone user rates in the mid-2000s affected the growth rate of mobile finance, such as mobile payments and mobile banking, which is an extension of financial services. Financial services allow customers to access bank account information and make financial transactions, such as making bill payments and remittances through their mobile devices. Financial Technology (Fintech) as a form of banking and financial services based on software in providing financial services using computer programs and other technologies. The rapid growth of Fintech has changed the business environment in banking, especially financing, where the banking world needs more innovative solutions. Fintech innovations in terms of technology and business models will increase efficiency and capabilities in all areas and aspects of the financial industry, and will even be able to increase the Value of The Firm This shows a bright future in the banking services sector where technology allows more possibilities in financial services and banking. This research is descriptive with a quantitative approach. Quantitative research methods are research methods based on the philosophy of positivism, used to examine in a particular population or sample, data collection using research instruments, quantitative or statistical data analysis with the aim to test hypotheses that have been applied banking in 2018-2020. Based on the results of the study, it can be concluded that fintech has a significant effect on the value of the company (Tobin's q). The more fintech services develop in the banking industry, the more significant the value of the company. Based on the conclusions above, the advice that can be given in the next research is for banks are expected to maintain and further improve fintech services in financial services because with fintech can boost financial services to be better known to the public with their ease and sophistication to access financial services. For future research is expected to use different variables and a longer research period of years in order to obtain more accurate results and can support the results of this study

Item Type:	Article
Uncontrolled Keywords:	Fintech, Value Of The Firm, Tobin's q, Financial services
Subjects:	H Social Sciences > HG Finance > HG1-9999 Finance
Divisions:	Artikel Ilmiah HROD
Depositing User:	Staff Perpustakaan Uwika
Date Deposited:	24 Mar 2023 05:59
Last Modified:	24 Mar 2023 05:59
URI:	http://repository.widyakartika.ac.id/id/eprint/3215

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