Fintech in Pakistan: a qualitative study of bank’s strategic planning for an investment in fin-tech company and its challenges

Main Article Content

Sehrish Butt
Zeeshan Ahmad Khan
صندلی اداری

Abstract

The purpose of this study is to explore the strategic considerations in the process of searching for Fin-Tech investment targets and what challenges are faced by banks while its implementation. This study has examined the problems faced by banking sectors in investing in Fin-Tech. This study used a case study methodology of 5 banks in Pakistan on convenience based sampling. The major data sources include the field notes, recording and transcription of interviews collected from branch managers. The results relate to: (1) Fin-Tech in banking sector of Pakistan (2) Banks planning for the adoption of new financial technology, (3) Criteria for selecting Fin-Tech company, (4) Technology as banking career,(5) Barriers in the implementation of Fintech in Pakistan. It is suggested that Pakistan must upgrade its Fin-Tech infrastructure besides doing other things. The government is also needed to concentrate more efforts to overcome these problems.

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Author Biographies

Sehrish Butt, University of Central Punjab

Sehrish Butt is a PhD Accounting and Finance Scholar. She has 4 research article published in internationally recognized journals and also co-author of 2 books. Her area of interest is Accounting, Finance and Management.

Zeeshan Ahmad Khan, University of Central Punjab

Zeeshan Ahmad Khan is a PhD Accounting and Finance Scholar. He has 5 research article published in internationally recognized journals and also co-author of 2 books. His area of interest is Management and Finance.

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