The future of finance: how fintech impacts bank performance (evidence on Vietnam)

Abstract

During the past ten years, the fast growth of financial technology, or FinTech, and the performance discourse has been a concern in the banking sectors. These are the difficulties that raise the question of whether FinTech disrupts or even helps the banking system. The study focuses on understanding FinTech and its use in the Vietnamese banking sector. For this quantitative research approach, a survey was conducted to collect data using convenience sampling techniques. The major findings of this study indicate the impact of FinTech on bank performance in Vietnam. Furthermore, partnering to improve banking performance. This study contribution may be useful for practitioners and scholars interested in learning about FinTech collaboration in the performance of banking in Vietnam.