What kinds of credit associations favor introducing new financial technology?

Since 2003, the Financial Services Agency has set relationship banking enhancement program as an important strategic task to improve the functions of regional financial institutions. In this enhancement program, the FSA recommended that regional financial institutions introduce new financial products such as collateralized loan obligations (CLOs) and collateralized bond obligations (CBOs). However, this was left up to each institution’s discretion rather than being mandatory. This resulted in a large difference in the introduction of new products. Therefore, this paper has analyzed what kinds of credit associations favorably increased the use of new financial products. As a result, it has been confirmed that the larger their lending shares and management scale, and the better their business conditions are, the more positively they work on the introduction of new products. Considering the fact that relationships between financial institutions and enterprises tend to be fixed in Japan, this means that medium and small enterprises will have restrictions on the financial products they can use depending on the situation of their main banks

Statement to Congress, March 25, 1999 (financial technology)

Technology

PERSEPSI MASYARAKAT MADURA TERHADAP PENGGUNAAN FINANCIAL TECHNOLOGY (FINTECH) DAN FINANCIAL TECHNOLOGY SYARIAH

This study aims to photograph and explore the perception of the Madurese community towards the use of financial technology (Fintech) and sharia financial technology. The study in this research is related to the development of an inclusive society, where the fintech theme is currently overgrowing in its use by the community along with technological developments in the 4.0 revolution era. Fintech combines the financial system with technology to become an innovation that facilitates the financial system. Informants in this study were Madurese from four districts, namely Bangkalan, Sampang, Pamekasan, and Sumenep, both using or not using fintech services. Data collection techniques used questionnaires and in-depth interviews with informants with various backgrounds, ages, genders, and professions. The analysis technique used is a qualitative descriptive method with a phenomenological approach that is useful for providing facts and data accurately. Keywords: Madura Community Perception, Fintech, Sharia Fintech.Penelitian ini bertujuan untuk memotret dan menggali persepsi masyarakat Madura terhadap penggunaan financial technology (Fintech) dan financial technology syariah. Kajian dalam penelitian ini terkait pengembangan masyarakat inklusi, dimana tema fintech saat ini berkembang pesat penggunaannya oleh masyarakat seiring perkembangan teknologi di era revolusi 4.0. Fintech menggabungkan sistem keuangan dengan teknologi hingga menjadi sebuah inovasi yang memudahkan sistem keuangan. Informan dalam penelitian ini adalah masyarakat Madura dari empat kabupaten, yakni Bangkalan, Sampang, Pamekasan, dan Sumenep baik yang menggunakan ataupun tidak menggunakan layanan fintech. Teknik pengumpulan data menggunakan metode kuesioner dan indepth interview kepada informan dengan latar belakang, usia, jenis kelamin, profesi yang beragam. Teknik analisa yang digunakan adalah metode deskriptif kualitatif dengan pendekatan fenomenologis yang berguna untuk memberikan fakta dan data secara akurat. Kata Kunci: Persepsi Masyarakat Madura, Fintech, Fintech Syariah

What kinds of credit associations favor introducing new financial technology?

Since 2003, the Financial Services Agency has set relationship banking enhancement program as an important strategic task to improve the functions of regional financial institutions. In this enhancement program, the FSA recommended that regional financial institutions introduce new financial products such as collateralized loan obligations (CLOs) and collateralized bond obligations (CBOs). However, this was left up to each institution’s discretion rather than being mandatory. This resulted in a large difference in the introduction of new products. Therefore, this paper has analyzed what kinds of credit associations favorably increased the use of new financial products. As a result, it has been confirmed that the larger their lending shares and management scale, and the better their business conditions are, the more positively they work on the introduction of new products. Considering the fact that relationships between financial institutions and enterprises tend to be fixed in Japan, this means that medium and small enterprises will have restrictions on the financial products they can use depending on the situation of their main banks.Small businesses; New financial products; Relationship banking; Credit associations; Japan.

PERAN FINANCIAL TECHNOLOGY DALAM MENINGKATKAN KINERJA PERBANKAN SYARIAH DI INDONESIA

 This research aims to test and analyze the role of Financial technology in Improving the Performance of Islamic Banking in Indonesia, the object of research on Islamic Commercial Banks (BUS) using financial performance report data available at the Financial Services Authority for 2018-2021. By using the variables of the number ofusers financial technology, the number oftransactions financial technology and the number ofassets financial technology on the financial performance of Islamic banks. The test used is the research method explanative, Data analysis using multiple linear regression analysis, from the results of this study it is known that the number of users of financial technology and the number of transactions of financial technology have a positive influence on the performance of Islamic banks, this is because many banks that have collaborated with financial technology have increased performance every year, both from the bank and the company, financial technology while the number ofassets financial technology has no effect on the performance of Islamic banks. This is because there are still some bank industries that have not collaborated with financial technology for fear of the negative impacts that arise when collaborating with financial technology, such as the occurrence hackers of personal data and soon.

Tingkat financial technology terhadap peningkatan kinerja UMKM dengan variabel intervening inklusi keuangan pada pelaku UMKM Kota Bengkulu

This study examines the effect of financial technology on improving the performance of Micro, Small and Medium Enterprises (MSMEs) with intervening variables of financial inclusion in MSMEs. Using data panels and PLS-SEM analysis. The samples were 90 MSMEs of Bengkulu City using the purposive sampling method. The data collection technique used is questionnaires. The results of this research on direct effect analysis found that financial technology affects the performance of MSMEs, financial technology affects financial inclusion, and financial technology has no effect on financial inclusion. In the indirect effect analysis, the results showed that financial inclusion does not intervene in the influence of financial technology on the performance of MSMEs.Penelitian menguji pengaruh financial technology terhadap peningkatan kinerja Usaha Mikro Kecil Menengah (UMKM) dengan variabel intervening inklusi keuangan. Menggunakan panel data dan analisis PLS-SEM. Sampel penelitian 90 UMKM di Kota Bengkulu menggunakan metode purposive sampling, data dikumpulan menggunakan kuesioner Penelitian ini merupakan penelitian deskriptif kuantitatif, menganalisis pengaruh financial technology terhadap kinerja UMKM yang diintervening inklusif keuangan pada UMKM di Kota Bengkulu. Hasil penelitian pada direct effect analysis menemukan bahwa financial technology berpengaruh terhasdap kinerja UMKM, financial technology berpengaruh terhadap inklusi keuangaan, dan financial technology tidak berpengaruh terhadap inklusi keuangan. Pada analisis indirect effect, hasil penelitian menunjukkan bahwa inklusi keuangan tidak mengintervening pengaruh financial technology terhadap kinerja UMKM

Pengenalan Financial Technology Pada Pelaku UMKM

Tujuan dari pengabdian adalah untuk memberikan pemahaman perlunya menggunakan financial technology dalam kegiatan bisnis agar keberlangsungan usaha UMKM terjamin. Pengabdian ini dilakukan di Desa Krakal Kecamatan Alian Kabupaten Kebumen. Beberapa permasalahan yang ada di Desa Krakal adalah banyaknya pelaku usaha yang tidak paham tentang penggunaan teknologi terutama bidang keuangan. Tahap kegiatan PKM tentang sosialisasi financial technology pada pelaku UMKM, tim PKM melakukan survei kegiatan bisnis yang banyak dilakukan masyarakat di Desa Krakal. Selanjutnya mengundang pelaku UMKM terutama untuk pengrajin tahu karena desa Krakal sangat terkenal dengan berbagai produk tahu dari yang mentah hingga diproduksi menjadi beberapa olahan, antara lain tahu goreng, keripik tahu dll. Pelaksanaan kegiatan dilakukan sosialisasi financial technology dengan metode pre-test tentang pemahaman tentang financial technology, selanjutnya tim pengabdian memberikan penyuluhan dan dilanjutkan dengan post-test untuk mengetahui tingkat pemahaman pelaku UMKM. Hasil pengabdian menunjukkan bahwa pemahaman penggunaan financial technology meningkat. Hasil evaluasi pre-test rata-rata 48,95 setelah post-test mencapai 69. Pelaku UMKM sedikit mengenal tentang financial technology lebih mengenal pinjaman online (pinjol) maka peserta menghindari penggunaannya. Setelah memahami dan mengetahui manfaat penggunaan financial technology diharapkan pelaku UMKM di Desa Krakal memanfaatkan financial technology dalam kegiatan bisnisnya. Penggunaan financial technology akan semakin memudahkan pelaku UMKM dalam bertransaksi dan menjaga keberlangsungan usahanya