Fintech is an emerging technology that fundamentally changes the ways of
finance. Based on that, a new industry was born: the fintech industry. Fintech
companies, commercial banks, and other financial institutions using emerging
technologies are the leading entities in the fintech industry. The link between
fintech and banks has attracted many scholars. However, the effect of the
fintech industry on bank performance has not yet been clarified by the existing
publication; thus, I raise the concern “Whether the fintech industry affects bank
performance.”
Based on many reports, I explore that the Vietnamese fintech industry is an
interesting case study for the reasons: (1) Vietnam is a developing country,
where fintech plays a critical role in economic growth rather than others; (2) the
growth rate of fintech in a number of companies, users, transactions, and
infrastructure, and the rate of bank investing in technology innovation in
Vietnam are higher than others, especially compared to other countries in
Southeast Asia; (3) Vietnamese government has paid more attention and
facilitated for the fintech industry development to toward the digital economy.
Through literature review, three research objectives are designed to clarify
the research concern: (1) to evaluate the effect of fintech company growth on
four perspectives of bank performance by the Balanced Scorecard; (2) to
estimate the effect of fintech popularity by Google search on bank stock return;
and (3) to estimate the effect of bank investment in technology innovation on
bank efficiency by Data Envelopment Analysis.
The findings show that the fintech company growth is a pressure, which
negatively links to bank financial indicators and bank customer loyalty. Bank
investment in technology innovation enhances and upgrades the bank
technology system seems to be ineffective, which is harmful to bank efficiency.
However, fintech company growth promotes bank performance by enhancing
bank internal processes and improving bank employees’ knowledge and skills.
Fintech popularity is a positive factor in bank stock return, and fintech company
growth is positive with overall bank performance.
The thesis contributes (1) positive effect of fintech company growth on bank
performance; (2) positive effect of fintech popularity on bank stock return; (3)
negative effect of bank investment in technology on bank efficiency; and (4)
meaningful for stakeholders in the finance and fintech industry.
| ISBN: | 978-80-7678-154-2 |
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| EAN: | 9788076781542 |
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| Počet stran |
46 stran |
| Datum vydání |
10. 03. 2023 |
| Pořadí vydání |
První |
| Jazyk |
anglický |
| Vazba |
e-kniha - pdf |
| Autor: |
Tien Phat Pham |
| Nakladatelství |
Univerzita Tomáše Bati ve Zlíně |
| Tématická skupina |
999 - nezařazeno |
| Neprodejná publikace. Publikaci je možné poptávat zde: Volně dostupné na http://hdl.handle.net/10563/52428 |
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