Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia

Research Article

The Impact of FinTech on The Financial and Banking Sustainable Performance: Disruption or Collaboration

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  • @INPROCEEDINGS{10.4108/eai.1-10-2020.2304698,
        author={Steph  Subanidja and Mercurius Broto Legowo and Fangky Antoneous Sorongan},
        title={The Impact of FinTech on The Financial and Banking Sustainable Performance: Disruption or Collaboration},
        proceedings={Proceedings of the First International Conference of Economics, Business \& Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia},
        publisher={EAI},
        proceedings_a={ICEBE},
        year={2021},
        month={4},
        keywords={banking collaboration disruption fintech sustainable performance},
        doi={10.4108/eai.1-10-2020.2304698}
    }
    
  • Steph Subanidja
    Mercurius Broto Legowo
    Fangky Antoneous Sorongan
    Year: 2021
    The Impact of FinTech on The Financial and Banking Sustainable Performance: Disruption or Collaboration
    ICEBE
    EAI
    DOI: 10.4108/eai.1-10-2020.2304698
Steph Subanidja1,*, Mercurius Broto Legowo1, Fangky Antoneous Sorongan1
  • 1: Perbanas Institute
*Contact email: steph@perbanas.id

Abstract

In the last decade, the rapid development of financial technology or FinTech, and the discourse of sustainable performance has become a concern in the banking and financial industry. These issues are considered and become a question, whether FinTech disrupts or supports the financial and banking industry. Based on these facts, this study will provide empirical evidence of whether FinTech interferes with, or with collaboration, and its impact on strengthening sustainable business performance. Research survey using questionnaires and data collection with convenience sampling techniques carried out for this quantitative research method. The results show that FinTech has a potential role in mediating between business drivers and sustainable business performance, especially in collaboration with the financial and banking industry in Indonesia. This research contribution can provide new paradigms and insights for researchers and practitioners who want to develop FinTech for sustainable business performance in the financial and banking industry in more depth.