The influence of FinTech and gender diversity on bank financial stability: experience from Jordan

Abstract This study aims to examine the influence of financial technology (FinTech) and gender diversity on bank financial stability in relation to the Jordanian business environment. The sample consists of 12 ASE-listed commercial banks over the 2010–2023 period. The study employs panel data approa...

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Main Authors: Faraj Salman Alfawareh, Mohammed Degan, Aram Jawhar Mohammad
Format: Article
Language:English
Published: Springer 2025-06-01
Series:Discover Sustainability
Subjects:
Online Access:https://doi.org/10.1007/s43621-025-01382-8
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author Faraj Salman Alfawareh
Mohammed Degan
Aram Jawhar Mohammad
author_facet Faraj Salman Alfawareh
Mohammed Degan
Aram Jawhar Mohammad
author_sort Faraj Salman Alfawareh
collection DOAJ
description Abstract This study aims to examine the influence of financial technology (FinTech) and gender diversity on bank financial stability in relation to the Jordanian business environment. The sample consists of 12 ASE-listed commercial banks over the 2010–2023 period. The study employs panel data approaches, primarily the ordinary least squares (OLS) regression model and the generalised method of moments (GMM), to address the issue of endogeneity and conduct a thorough data analysis. This ensures that the findings are valid. Based on the results, FinTech and gender diversity are revealed to be significantly and positively associated with bank financial stability, thus reinforcing the assertion of the agency theory and IS success model in the context of Jordan. The findings are beneficial for bankers, managers, investors, customers, and regulators in understanding the association between FinTech, gender diversity, and bank financial stability. To the best of our knowledge, this work is the first of its kind to examine the influence of FinTech and gender diversity on bank financial stability in developing nations such as Jordan. From a theoretical perspective, it contributes to the existing understanding of the IS model and agency theory. It further enriches the understanding of the dynamics of the banking industry in emerging economies such as Jordan. This work may also be beneficial for future studies aiming to develop theoretical frameworks in this domain.
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spelling doaj-art-e94c3b0325b540eabf7b81ac662479bf2025-08-20T02:05:44ZengSpringerDiscover Sustainability2662-99842025-06-016111810.1007/s43621-025-01382-8The influence of FinTech and gender diversity on bank financial stability: experience from JordanFaraj Salman Alfawareh0Mohammed Degan1Aram Jawhar Mohammad2School of Economics, Finance and Banking, College of Business, Universiti Utara MalaysiaAl-Furat Al-Awsat Technical University, Babylon Technical InstituteDepartment of Accounting Techniques, Erbil Technical Administrative College, Erbil Polytechnic UniversityAbstract This study aims to examine the influence of financial technology (FinTech) and gender diversity on bank financial stability in relation to the Jordanian business environment. The sample consists of 12 ASE-listed commercial banks over the 2010–2023 period. The study employs panel data approaches, primarily the ordinary least squares (OLS) regression model and the generalised method of moments (GMM), to address the issue of endogeneity and conduct a thorough data analysis. This ensures that the findings are valid. Based on the results, FinTech and gender diversity are revealed to be significantly and positively associated with bank financial stability, thus reinforcing the assertion of the agency theory and IS success model in the context of Jordan. The findings are beneficial for bankers, managers, investors, customers, and regulators in understanding the association between FinTech, gender diversity, and bank financial stability. To the best of our knowledge, this work is the first of its kind to examine the influence of FinTech and gender diversity on bank financial stability in developing nations such as Jordan. From a theoretical perspective, it contributes to the existing understanding of the IS model and agency theory. It further enriches the understanding of the dynamics of the banking industry in emerging economies such as Jordan. This work may also be beneficial for future studies aiming to develop theoretical frameworks in this domain.https://doi.org/10.1007/s43621-025-01382-8FinTechGender diversityBank financial stabilityAgency theoryInformation systemsJordan
spellingShingle Faraj Salman Alfawareh
Mohammed Degan
Aram Jawhar Mohammad
The influence of FinTech and gender diversity on bank financial stability: experience from Jordan
Discover Sustainability
FinTech
Gender diversity
Bank financial stability
Agency theory
Information systems
Jordan
title The influence of FinTech and gender diversity on bank financial stability: experience from Jordan
title_full The influence of FinTech and gender diversity on bank financial stability: experience from Jordan
title_fullStr The influence of FinTech and gender diversity on bank financial stability: experience from Jordan
title_full_unstemmed The influence of FinTech and gender diversity on bank financial stability: experience from Jordan
title_short The influence of FinTech and gender diversity on bank financial stability: experience from Jordan
title_sort influence of fintech and gender diversity on bank financial stability experience from jordan
topic FinTech
Gender diversity
Bank financial stability
Agency theory
Information systems
Jordan
url https://doi.org/10.1007/s43621-025-01382-8
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