Evaluating Fintech's Transformative Impact on Banking Performance - Pre- and Post-COVID-19

Ghulam Farooq; Israr Ahmed; Sanam Baber

doi:10.52633/6qwqnd10

Authors

Ghulam Farooq Independent Research Scholar Author
Israr Ahmed Associate Professor Ilma University, Karachi, Pakistan. Author
Sanam Baber Assistant Professor, KASBIT, Karachi, Pakistan. Author

DOI:

https://doi.org/10.52633/6qwqnd10

Keywords:

Fintech, Bank Performance, COVID-19, Return on Assets, Return on Equity

Abstract

This study aims to explore and assess the impact of fintech on banking performance, particularly in the context of the COVID-19 pandemic. Utilizing quantitative methods, specifically regression analysis through Microsoft Excel and E-Views software, the research evaluates the relationship between fintech and banking performance metrics. The findings reveal a positive and significant influence of fintech on banking performance, as measured by Return on Assets (RoA) and Return on Equity (RoE) in the post-COVID-19 landscape. Furthermore, the study identifies that the correlation between fintech and banking performance is amplified by the moderating effect of the COVID-19 pandemic. These results underscore the critical importance of integrating fintech solutions into banking operations to bolster economic activity within the sector, particularly amid the ongoing challenges posed by the pandemic. This study contributes to the understanding of fintech's role in enhancing banking performance, particularly during the unprecedented challenges of the COVID-19 pandemic, highlighting the need for innovation in financial services.

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