Determinants of the Impact of Innovative Financial Technology Applications on the Financial Performance of Jordanian Banks Listed on the Amman Stock Exchange

Abstract

This study explores the role of innovative financial technology (FinTech) applications in enhancing the financial performance of Jordanian banks listed on the Amman Stock Exchange. The research focuses on examining the extent to which the adoption of FinTech solutions, such as digital payment systems, blockchain technology, artificial intelligence, and big data analytics, impacts key financial performance indicators, including profitability, liquidity, capital adequacy, operational efficiency, and risk management. The study adopts a descriptive-analytical approach supported by quantitative data collected from financial reports and structured questionnaires. The findings indicate that FinTech adoption positively contributes to improving financial performance across various dimensions. These results highlight the importance of digital transformation in the banking sector as a strategic tool for maintaining competitiveness, improving service quality, reducing costs, and enhancing financial stability. The study concludes with recommendations for decision-makers and banking sector stakeholders to promote FinTech integration and optimize its benefits in the Jordanian financial environment.

Keywords: Jordanian banks, FinTech, financial performance, digital financial services, profitability, liquidity, operational efficiency, risk management, capital adequacy, digital transformation.

DOI: 10.7176/RJFA/16-7-07

Publication date:September 30th 2025