The adoption of financial technology in Malaysia

Nurin Azyyati Solihin, Nur Suhaila Abdullah, Alia Farhana Md Yasak, Nurasyrani Amir Hamzah and Amir Imran Zainoddin

International Journal of Business Innovation and Research, 2025, vol. 36, issue 3, 349-364

Abstract: Nowadays, financial technology (FinTech) has attracted increasing attention worldwide and has become more notable in defining incremental, or disruptive innovation development in the financial services industry these days. The aim of this research is to examine the factors that influence the adoption of FinTech in Malaysia from 2001 to 2020. The research investigates whether the determinants of FinTech adoption contribute to changes in Malaysia's total issuance of corporate sukuk. Hence, the independent variables that were chosen in this study are technology development, financing, and development of SMEs, while FinTech would be the dependent variable. This paper consists of a quantitative method and several data analyses to identify the relationship between the dependent and independent variables, namely descriptive analysis, normality, regression, and covariance. The sources of data collected are varied for example, Bank Negara Malaysia (BNM), The World Bank and Department of Statistics Malaysia (DOSM).

Keywords: financial technology; FinTech; technology development; financing; development of SME; Malaysia. (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=144824 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbire:v:36:y:2025:i:3:p:349-364

Access Statistics for this article

More articles in International Journal of Business Innovation and Research from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().