Fintech and the Creation of Liquidity
DOI:
https://doi.org/10.26905/ap.v12i1.17095Keywords:
banking, digitalization, fintech, liquidity, newsAbstract
The rapid development of fintech (financial technology) has encouraged banks to digitize their services to improve efficiency and competitiveness, while its implications for the role of banks in collecting and distributing funds, particularly in liquidity creation, remain a concern in financial economics studies. This study aims to analyze the effect of fintech adoption on bank liquidity creation. The research sample consists of 13 commercial banks listed on the Indonesia Stock Exchange during the period 2021–2024. Fintech adoption is measured using online media exposure via content analysis, while liquidity creation is calculated from balance sheet positions and off-balance-sheet exposure. Data analysis is performed using panel data regression. The results indicate that fintech adoption negatively affects banks’ liquidity creation. This finding indicates that the use of fintech in banking remains dominated by transactional and operational activities, which ultimately do not increase and may even decrease banks' ability to create liquidity. The results of this study have implications for banks to align fintech development with asset and liability management policies so that their role in liquidity creation can be more effective.
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