Characteristics of Financial Technology as Financing Alternative Capitalization of Medium Small-Medium Enterprises (MSME)

Subagiyo, Dwi Tatak

doi:10.25041/fiatjustisia.v15no2.1933

Cited by 5 publications

(3 citation statements)

References 11 publications

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“…In 2016, Regulations were published by Bank Indonesia on the Introduction of Procedures for Payment of Transactions. By placing a high priority on management and fulfillment principles, considering increased accessibility, consumer protection, and national interests, as well as international practices and standards, this regulation looks for ways to support the improvement of payment methods that are efficient, smooth, reliable, and secure (Subagiyo, 2021).…”

Section: Literature Review and Hypothesesmentioning

confidence: 99%

Business sustainability: Functions of financial behavior, technology, and knowledge

Widagdo

Sa’diyah

2023

Problems and Perspectives in Management

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Micro, small, and medium-sized enterprises (MSMEs) are among the cornerstones of the Indonesian economy that managed to survive the world crisis. The development of MSMEs also demands that owners be ready to compete with other MSMEs. This study aims to analyze whether business sustainability is influenced by financial literacy with financial behavior and financial technology as mediators. The research sample includes owners and managers of MSMEs in Indonesia, totaling 342 respondents. Data collection methods used are non-probability sampling techniques by distributing questionnaires. This study uses SEM analysis with PLS analysis tools. It was found that financial literacy does not directly affect business sustainability but affects financial behavior and financial technology. Financial behavior and financial technology are proven to influence business sustainability. Furthermore, financial behavior and financial technology mediate the effect of financial literacy on business sustainability. The results of this study show that financial behavior and financial technology can fully mediate the relationship between financial literacy and business sustainability. Moreover, financial literacy cannot directly affect business sustainability, which must be fully mediated by financial behavior and financial technology. This study also provides practical value regarding the sustainability of MSMEs. Thus, companies can survive in the long term not only with a robust financial literacy foundation but they must be supported by good financial behavior and also be able to choose the right financial technology in their business activities.

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Section: Literature Review and Hypothesesmentioning

confidence: 99%

Business sustainability: Functions of financial behavior, technology, and knowledge

Widagdo

Sa’diyah

2023

Problems and Perspectives in Management

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“…More and more fintech is emerging, making banks now change their business model to a form of fintech aimed at creating new markets and making it possible to create new technology-based services (Gomber et al, 2018). The fintech market in recent years can be said to have potential, due to the fact that 49 million MSMEs still do not have access from banking financial institutions (Subagiyo, 2021). From the explanation above, the researcher is interested in discussing the Effects of Fintech on the Development of Islamic Financial Inclusion in MSMEs in Tanak Awu Village who have not prepared and have financial reports and have not received access to capital from banking institutions or fintech-based financial services.…”

Section: Introductionmentioning

confidence: 99%

The Influence Of Fintech On The Development Of Islamic Financial Inclusion In Msmes In Tanak Awu Village

Agustina

2023

JIEI

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line with this, Fintech has emerged as one of the impacts of increasingly modern technological developments, especially in terms of finance. Fintech is here to answer people's needs for the importance of convenience in every economic process that involves Islamic finance. Sharia-based fintech will further increase financial inclusion in MSMEs because financial management managed by sharia is in accordance with religious guidelines, so that it will have a good impact on MSME financial management. Good management will also have a good impact on increasing MSMEs so that it will increase economic stability in Indonesia. The purpose of this study was to determine fintech management (risk and investment management, market provisioning, and cashless society) on Islamic financial inclusion (financial knowledge, financial behavior, and financial attitude) in MSMEs in the city of Mataram. The research conducted includes the type of quantitative research. The population of this research is the MSME industry in Tanak Awu village by focusing on using archival data (archival method). This study uses descriptive analysis and classical assumption test. The plan in this study is to determine the simultaneous and partial effect of fintech variables (risk and investment management and market provisioning) on Islamic financial inclusion (knowledge of Islamic finance, financial behavior, and financial attitudes).

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“…188.72 trillion ). Technology company financial become alternative convenience access in peer to peer lending (Subagiyo, 2021). Fintech companies put a lot of emphasis on it to development in a way heavy to technology as well as use convenient features _ like customer-lender interactions, screening and monitoring technology, as well qualification additions that can help the technological process to convenience loans (Humphrey et al, 2021) Figure 4.…”

Section: Introductionmentioning

confidence: 99%

Consumer Characteristics Of Financing Company Service Users In Indonesia

Simamora,

Sumarwan,

Sarma

2023

SLJIL

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Finance Company is a non-banking financial services company engaged in financing and is registered and supervised by OJK. The current challenge is the decline in the number of receivables and is inversely proportional to Financial Technology companies. Restrictive policies during the Covid-19 pandemic have made people change their purchasing behavior of goods and services, including credit transactions. The decline in the number of consumers in finance companies must be anticipated so that the company can maintain its market. The purpose of this study is to analyze the characteristics of consumers who choose Finance Companies as an alternative to obtaining loans. The research was conducted in an area with the largest population of Finance Company users, namely Jabodetabek . Data collection using the Cluster Random Sampling method using G-Form with a total of 200 respondents. The results of the study explained characteristics such as gender, age, education, occupation, marital status, income, and region of residence. Managerial implications that can be considered for finance service companies are that companies can find out consumer characteristics and obtain information in order to reach more consumers so as to provide benefits for the company.

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Characteristics of Financial Technology as Financing Alternative Capitalization of Medium Small-Medium Enterprises (MSME)

Cited by 5 publications

References 11 publications

Business sustainability: Functions of financial behavior, technology, and knowledge

Business sustainability: Functions of financial behavior, technology, and knowledge

The Influence Of Fintech On The Development Of Islamic Financial Inclusion In Msmes In Tanak Awu Village

Consumer Characteristics Of Financing Company Service Users In Indonesia

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