ANALYSIS OF FINANCIAL TECHNOLOGY BASED FINANCIAL INDUSTRIALIZATION IMPACT ON FINANCIAL SYSTEM STABILITY

Financial Services Authority in carrying out monitoring of financial system instability resulting from financial technology(Fin Tech) in Indonesia, it is necessary to study or investigate financial markets or sources of disruption / risk and measure and minimize risks might arise. Therefore, this re...

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Main Authors: Wahid Wachyu Adi WINARTO, Ina MUTMAINAH
Format: Article
Language:English
Published: Editura Sitech 2020-12-01
Series:Social Sciences and Education Research Review
Subjects:
Online Access:https://sserr.ro/wp-content/uploads/2020/12/sserr-7-2-241-255.pdf
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author Wahid Wachyu Adi WINARTO
Ina MUTMAINAH
author_facet Wahid Wachyu Adi WINARTO
Ina MUTMAINAH
author_sort Wahid Wachyu Adi WINARTO
collection DOAJ
description Financial Services Authority in carrying out monitoring of financial system instability resulting from financial technology(Fin Tech) in Indonesia, it is necessary to study or investigate financial markets or sources of disruption / risk and measure and minimize risks might arise. Therefore, this research will study the analysis of the impact of financial technology -based financial industry on the stabilization of the financial system by using an analysis and risk approach with a SWOT matrix.This study uses a qualitative approach, while the analysis used is a risk mitigation strategic analysis. This research was conducted in three stages. The data in this study are from secondary and primary data. This type of research used in this study included in exploratory descriptive research using qualitative methods. The object of research is all financial technology companies in Indonesia and officially registered under the auspices of the Financial Services Authority. Evaluation and management of risks that have emerged are explained how the conclusion of the results and the solutions that must be taken in managing risk. Types of financial risk management with a diversified approach, transferred, controlled risk. While the type of technology risk with a risk approach is avoided, the risk is funded, the risk is withheld. The banking industry must innovate to keep the financial system stable. The technology financial industry can be a partner or a reflection for the financial industry both banking and non-banking in serving the community in totality
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spelling doaj.art-a8d86c4063e24ec583a8dc7d8bfb49fb2022-12-21T19:47:47ZengEditura SitechSocial Sciences and Education Research Review2392-98632020-12-0172241255ANALYSIS OF FINANCIAL TECHNOLOGY BASED FINANCIAL INDUSTRIALIZATION IMPACT ON FINANCIAL SYSTEM STABILITYWahid Wachyu Adi WINARTO0Ina MUTMAINAH1Islamic State Institute of Pekalongan, IndonesiaIslamic State Institute of Pekalongan, IndonesiaFinancial Services Authority in carrying out monitoring of financial system instability resulting from financial technology(Fin Tech) in Indonesia, it is necessary to study or investigate financial markets or sources of disruption / risk and measure and minimize risks might arise. Therefore, this research will study the analysis of the impact of financial technology -based financial industry on the stabilization of the financial system by using an analysis and risk approach with a SWOT matrix.This study uses a qualitative approach, while the analysis used is a risk mitigation strategic analysis. This research was conducted in three stages. The data in this study are from secondary and primary data. This type of research used in this study included in exploratory descriptive research using qualitative methods. The object of research is all financial technology companies in Indonesia and officially registered under the auspices of the Financial Services Authority. Evaluation and management of risks that have emerged are explained how the conclusion of the results and the solutions that must be taken in managing risk. Types of financial risk management with a diversified approach, transferred, controlled risk. While the type of technology risk with a risk approach is avoided, the risk is funded, the risk is withheld. The banking industry must innovate to keep the financial system stable. The technology financial industry can be a partner or a reflection for the financial industry both banking and non-banking in serving the community in totalityhttps://sserr.ro/wp-content/uploads/2020/12/sserr-7-2-241-255.pdffinancial technology financial industrialization stability
spellingShingle Wahid Wachyu Adi WINARTO
Ina MUTMAINAH
ANALYSIS OF FINANCIAL TECHNOLOGY BASED FINANCIAL INDUSTRIALIZATION IMPACT ON FINANCIAL SYSTEM STABILITY
Social Sciences and Education Research Review
financial technology
financial industrialization
stability
title ANALYSIS OF FINANCIAL TECHNOLOGY BASED FINANCIAL INDUSTRIALIZATION IMPACT ON FINANCIAL SYSTEM STABILITY
title_full ANALYSIS OF FINANCIAL TECHNOLOGY BASED FINANCIAL INDUSTRIALIZATION IMPACT ON FINANCIAL SYSTEM STABILITY
title_fullStr ANALYSIS OF FINANCIAL TECHNOLOGY BASED FINANCIAL INDUSTRIALIZATION IMPACT ON FINANCIAL SYSTEM STABILITY
title_full_unstemmed ANALYSIS OF FINANCIAL TECHNOLOGY BASED FINANCIAL INDUSTRIALIZATION IMPACT ON FINANCIAL SYSTEM STABILITY
title_short ANALYSIS OF FINANCIAL TECHNOLOGY BASED FINANCIAL INDUSTRIALIZATION IMPACT ON FINANCIAL SYSTEM STABILITY
title_sort analysis of financial technology based financial industrialization impact on financial system stability
topic financial technology
financial industrialization
stability
url https://sserr.ro/wp-content/uploads/2020/12/sserr-7-2-241-255.pdf
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AT inamutmainah analysisoffinancialtechnologybasedfinancialindustrializationimpactonfinancialsystemstability