Impact of DigTech, FinTech, and RegTech on the Banking Industry

Sharif M Abu Karsh, Leena Mahareeq — Thu, 29 Aug 2024 00:00:00 +0000

This research work aims to examine the influence of financial technology (FinTech) companies over the traditional banking sector. FinTech is a digital financial solution offered to small businesses and individuals to meet their banking needs. FinTech companies are expected to be able to offer the same banking products as existing banks, but it is believed that FinTech company growth will accelerate faster in countries where digital technology is available. There were mentions that FinTech companies have had a financial impact on traditional banks' results. This research paper aims to determine whether there is enough empirical evidence to support these hypotheses. A study model was designed that identified the dependent and independent variables for each hypothesis. The research carried out to confirm this theory is drawn from the previous literature by academic authors. The research shows that FinTech startups will grow fastest in an environment where digital technology is available and mobile penetration is widespread. The results show that the profitability of traditional banks changes when FinTech companies are present in a country and when banks incorporate their financial technology into their business model. The results of the statistical analysis show that the influence of FinTech on the profitability of the banking sector is not statistically significant.

Teachers' Competence and Difficulties in Research: A Descriptive Quantitative Study

Marie Rose E. Pregua — Thu, 29 Aug 2024 00:00:00 +0000

While teachers may encounter challenges in terms of competence and difficulties in conducting research, they also have the potential to make significant contributions to educational research and practice. By building research capacity, fostering collaborative partnerships, and addressing barriers to research engagement, educators can play a vital role in advancing the field of education and improving outcomes for students. This study analyzed the competence and difficulties teachers face in research. Data needed for this descriptive study was collected from 87 respondents using a self-made survey questionnaire that has passed a rigorous test of validity and reliability. Data were subsequently analyzed according to the research problems stipulated in the objectives of this study. In assessing teachers' competence, they excelled in selecting relevant research topics. In organizing information, differences were noted based on educational background, length of service, and plantilla position. Time management skills were consistent among diverse groups. The highest difficulty reported was balancing research commitments with personal and family life, emphasizing the need to address work-life balance challenges in research engagement. The study provides comprehensive insights into teachers' research engagement, emphasizing the importance of targeted interventions to address challenges and optimize competencies. The findings highlight the need for tailored support programs taking into account the diverse backgrounds and experiences of educators.

Polaris Global Journal of Scholarly Research and Trends

Impact of DigTech, FinTech, and RegTech on the Banking Industry

Teachers' Competence and Difficulties in Research: A Descriptive Quantitative Study