1
Economics, Management and Economics, Lorestan University, Khorramabad, Iran
2
Assistant Professor of Economics, University of Lorestan , City Khorramabad , Country Iran.
10.22111/innoeco.2026.54819.1242
Abstract
the present study, with the aim of investigating the impact of financial technology on the profitability of Iranian banks, collected financial data from selected banks in the country during the period 1402-1395 and analyzed the relationships between variables using the panel data approach and the generalized moment method in Stata software. Also, this research, considering the field of electronic banking payments, has constructed a composite financial technology index using the principal components analysis and has examined its effect, along with other specific banking factors and macroeconomic factors, on the dependent variable of profitability (return on assets), which is introduced in the literature as one of the most important measures of banking health and performance. The findings of the study indicate that the use of financial technologies has a positive and significant effect on the profitability of banks. In addition, the results indicate that profitability with a lag, GDP growth rate, liquidity ratio and capital adequacy ratio have a positive and significant relationship with profitability. In contrast, the impact of inflation rate and asset quality ratio on the profitability of banks has been reported to be negative.
Hassanvand, P. and Beiranvand, A. (2026). The Impact of Financial Technology in the Field of Electronic Payments on the Profitability of Banks in Iran: A Generalized Moment Approach. Innovation EconomicEcosystem Studies, 6(1), 21-50. doi: 10.22111/innoeco.2026.54819.1242
MLA
Hassanvand, P. , and Beiranvand, A. . "The Impact of Financial Technology in the Field of Electronic Payments on the Profitability of Banks in Iran: A Generalized Moment Approach", Innovation EconomicEcosystem Studies, 6, 1, 2026, 21-50. doi: 10.22111/innoeco.2026.54819.1242
HARVARD
Hassanvand, P., Beiranvand, A. (2026). 'The Impact of Financial Technology in the Field of Electronic Payments on the Profitability of Banks in Iran: A Generalized Moment Approach', Innovation EconomicEcosystem Studies, 6(1), pp. 21-50. doi: 10.22111/innoeco.2026.54819.1242
CHICAGO
P. Hassanvand and A. Beiranvand, "The Impact of Financial Technology in the Field of Electronic Payments on the Profitability of Banks in Iran: A Generalized Moment Approach," Innovation EconomicEcosystem Studies, 6 1 (2026): 21-50, doi: 10.22111/innoeco.2026.54819.1242
VANCOUVER
Hassanvand, P., Beiranvand, A. The Impact of Financial Technology in the Field of Electronic Payments on the Profitability of Banks in Iran: A Generalized Moment Approach. Innovation EconomicEcosystem Studies, 2026; 6(1): 21-50. doi: 10.22111/innoeco.2026.54819.1242
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