Periodicity.: November - December 2019
e-ISSN......: 2236-269X
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Fintech in Pakistan: a qualitative study of bank’s strategic planning for an investment in fin-tech company and its challenges

Sehrish Butt, Zeeshan Ahmad Khan

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.

Keywords


Fin-Tech; Banking Sector; Barriers; Pakistan

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DOI: http://dx.doi.org/10.14807/ijmp.v10i6.947

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