Financial Transactions Using FINTECH during the Covid-19 Crisis in Bulgaria

Risks

Blagovesta Koyundzhiyska-Davidkova¹  Vladislav Krastev¹  Ioulia Poulaki²  Preslav Dimitrov³  Ivanka Vasenska³  Pavol Durana⁴ 

[1] Department of Economics, South-West University, 2700 Blagoevgrad, Bulgaria;Department of Tourism Management, University of Patras, 26504 Patras, Greece;Department of Tourism, South-West University, 2700 Blagoevgrad, Bulgaria;Faculty of Operation and Economics of Transport and Communications, Department of Economics, University of Zilina, 010 26 Zilina, Slovakia;

关键词: FINTECH;    financial transactions;    COVID-19;    crisеs and risk management;    customer behavior;   

DOI  :  10.3390/risks9030048

来源: DOAJ

【 摘 要 】

In the context of current crises following COVID-19 and growing global economic uncertainties, the issues regarding financial transactions with FINTECH are increasingly apparent. Consequently, in our opinion, the utilization of FINTECH financial transactions leads to а risk-reduction approach when in contact with other people. Moreover, financial transactions with FINTECH can save up customers’ pecuniary funds. Therefore, during crises, FINTECH applications can be perceived as more competitive than the traditional banking system. All the above have provoked us to conduct research related to the utilization of financial transactions with FINTECH before and after the COVID-19 crisis outbreak. The aim of the article is to present a survey analysis of FINTECH utilization of individual customers before and after the crisis in Bulgaria. The methodology includes a questionnaire survey of 242 individual respondents. For the data processing, we implemented statistical measures and quantitative methods, including two-sample paired t-tests, Levene’s test, and ANOVAs performed through the computer language Python in a web-based interactive computing environment for creating documents, Jupyter Notebook. The findings bring out the main issues related to the implementation of financial transactions with FINTECH under the conditions of the crisis. The findings include the identification of problems related to FINTECH transactions during the COVID-19 crisis in Bulgaria.

【 授权许可】

Unknown