FinTech & Bank Growth: Exploring the TOPSIS Approach

Wed Jan 15 2025
Financial Technology, or FinTech, is changing how banks operate. HR skills, new services, and company growth all play vital roles. But the banking sector faces complex challenges due to the many factors involved. This research dives into these challenges and shows how we can make smart decisions using a special tool called the Entropy-Weighted Method with TOPSIS. The study looked at eleven key things and eight possible options in banks. These options help in understanding how FinTech, HR abilities, service innovation, and company growth work together. The core findings indicated that using the entropy-TOPSIS method provides a clear way to analyze and rank these options. This helps in making well-informed decisions for the future of the banking sector. One of the exciting outcomes of this research is identifying the best path forward among the options reviewed. This brings new insights into how FinTech, HR competencies, service innovation, and firm growth can shape the future of banks.
https://localnews.ai/article/fintech-bank-growth-exploring-the-topsis-approach-2bbe961e

questions

    Are the HR competencies being enhanced to better serve customers, or to replace human workers with AI?
    What are the key criteria considered in the EWM-TOPSIS approach, and how were they selected?
    What are the potential limitations of using an entropy-weighted method in the banking sector?

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