In recent decades, financial technology and stability have been debated and studied for decades. This study examines the relationship between financial technology (Fintech) and global bank financial stability. The study collected articles from research databases for this (Science Direct, Welly, Emerald, Springer Link, Google Scholar, and Research Gate). We map the financial technology–financial stability research domain and identify key developments and patterns from 1995 to 2022 using peer-reviewed articles. Financial technology's theoretical relationship to financial stability is also examined. Fintech, financial stability, and determinants are examined. This paper builds a comprehensive model of the relationship between Fintech and banking sector financial stability. Banking sectors use financial technology and financial stability practices to achieve financial stability goals and gain competitive advantages. Financial technology has increased the global banking sector financial stability.

In developing economies, microfinance institutions have become an increasingly popular approach to reducing poverty, social empowerment (especially among women), and economic growth by providing new opportunities for the poor for entrepreneurship. This study investigates the effectiveness of Islamic microfinance programs on the comfort level of the Islamic Microfinance (IMF) system in Pakistan. The study examines the effectiveness of IMF institutions in the country's small and medium enterprises (SMEs). Quantitative research based on primary data is conducted to evaluate the effectiveness of various IMF institutions in Pakistan. The data is collected from the 88 SME owners located near Lahore (Punjab), Pakistan. The independent variables are the cost of the loan, income and living standard, loan repayment policy, Shariah compliance, and loan utilizing opportunities. The dependent variable is microcredit customer satisfaction examined through a 5-point Likert scale questionnaire. Regression analysis is applied and found that income, loan repayment policy, loan utilization opportunities, loan cost, and Shariah compliance have a statistically significant positive influence on the microcredit customer's satisfaction. The study implies that understanding customer satisfaction helps IMF institutions enhance their financial performance, improve client retention, and fulfill their social mission.

This research analyses the role of foreign direct investment (FDI) and official development assistance with financial development in determining the economic growth (EG) of selected Asian countries by using data from 2003 to 2018. In this research, we investigate the important role of official development assistance (ODA) and foreign direct investment along with other variables affecting GDP in selected Asian countries. By using panel data, a random effect technique is used to highlight the impact of ODA and FDI on GDP in selected Asian countries. The study results showed that official development assistance, urban population growth, and financial development have increased GDP in these countries. Findings suggest that a stable economic and political environment must be provided for further foreign aid and foreign direct investment. More credit facilities must be provided to the general public for more investment and economic growth.

The purpose of this study is to look into the role of infrastructure, financial development (FD), and urban population (UP) in the economic growth (GDP) of a few Asian countries. The research used panel data methodology, using time spans from 2003 to 2019. GDP is used as the dependent variable, and the education index, health index, financial development, and urban population are used as independent variables in this study. The authors have used the random effect technique to highlight the role of infrastructure and financial development in the growth potential of Asian economies. The study findings indicated that health and education, and financial development with urban population have enhanced economic growth in these selected Asian countries. It is suggested that Government must play a major role in enhancing more and free-of-cost education in society and must focus on improving the infrastructure of society for further growth and development.