This study investigates the relationship between the growth of Financial Technology (FinTech), technology adoption, and banking profitability on a global scale. Using quantitative data, the research analyzes key variables such as FinTech growth, tech adoption rates, and banking profitability metrics. The data reveals a strong positive correlation between FinTech growth and banking profitability (r = 0.99), as well as between tech adoption and profitability (r = 0.98). These findings highlight that FinTech innovations and the integration of advanced technologies significantly enhance banking profitability by optimizing operations and expanding market capabilities. However, the correlation between FinTech growth and tech adoption (r = 0.99) underscores the interdependence of these factors, emphasizing the need for synchronized development strategies. The study concludes that FinTech advancements are pivotal in reshaping the banking landscape and recommends that financial institutions prioritize technology adoption to maximize profitability and competitiveness
Alifah Putri Isnaini (2025) studied this question.