Examining the Nexus Between FinTech and Financial Disclosure of the Banking Sector in Jordan

The relationship among the Jordan’s banking sector level of the Financial disclosure (FD) and Financial technology (FinTech), and it will be considered to be the main objective of this study. In Jordan, 217 banking managers receive standardized surveys and these will arise with the quantitative approach of this study. Utilizing Structural Equation Modeling (SEM), the FD and FinTech were analyzed. In Jordan’s banking sector, the adoption of FinTech has major impacts on the FD, this will be determined by the outcomes of this study. According to the outcomes, the application of FinTech enhances the comprehensiveness, timeliness, accuracy, and transparency of their financial reports in Jordanian banks Stakeholders depends on the current and reliable financial data in creating the DM (Decision Making) process including investors, regulators, and consumers and these advantages are essential. In Jordan banking sector, the application of FinTech has a positive impact on the FD as it was offered by the present study. For enhancing the financial reporting’s transparency and accountability, the significance of advancing technologies are focused on this study. Finally, it also enhances the bank sector’s reliability and efficiency. Jordanian provides the perspectives in the FD field due to the uniqueness of this research and relatively little attention was offered to the FinTech.

Department

Finance

Publisher

Springer

Book title

Artificial Intelligence, Sustainable Technologies, and Business Innovation: Opportunities and Challenges of Digital Transformation

Open Access

https://repository.effatuniversity.edu.sa/handle/20.500.14131/2074

DOI

https://doi.org/10.1007/978-3-031-77925-1_40