Browsing by Author "Quratulain Akhtar"

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    IMPACT OF FINTECH MERGER AND ACQUISITION ON THE PERFORMANCE OF ACQUIRER BANKS AN EVIDENCE FROM DEVELOPED COUNTRIES
    (UMT, Lahore, 2023) Quratulain Akhtar
    Fintech startups symbolize a radical transformation in the financial industry that provides technology-based financial services. These newly formed business organizations use digital technologies such as computers, the internet, mobile, and data to innovate and facilitate. By ramping up the transaction speed, transparency, and reaching out to the areas that are unserved by the traditional banking sector, fintech start-ups refashion the customer experience of financial services, thus creating tough competition with formal incumbents such as banks. Banks are working on various strategies to deal with these new competitors, one of which is to buy them. So, this study focuses on mergers and acquisitions (M&As) between banks and fintech and the impact on the performance of the acquirers in the period 2010-2020. The paired sample t-test and GMM analysis indicate a significant positive impact of fintech and bank M&As on the accounting performance (return on assets), liquidity, financial leverage, asset quality, and capital adequacy of banks but a negative impact on the market performance of banks in the long run