Big Data, Green Growth, and Technology Disruption in Asian Companies and Societies

2022 ◽  
pp. 38-57
Author(s):  
Fairul Rizal Rashid ◽  
Muhammad Zulqarnain Haji Julaihi
Keyword(s):  
Big Data ◽  
Payment System ◽  
Driving Factors ◽  
Qr Code ◽  
Retail Sector ◽  
Green Growth ◽  
Brunei Darussalam ◽  
Financial Technology

The rise of digitalization has inevitably impacted the growth of financial technology (FinTech) in Brunei Darussalam. The presence of e-wallet QR code-based payment system, as part of the Fintech development, deems to be the latest payment mode that hits the retail sector of the Sultanate in recent years. Thus, the chapter is aimed to understand the role and impact of e-wallet application in the retail sector. Despite the positive trending indicators for e-wallet growth amongst the population, the utilization of e-wallet in the retail sector is still quite low. Both driving factors and barriers towards e-wallet utilization in the retail sector are discussed by taking account of the views of both customers and retailers. Recommendation steps are also suggested especially on the roles played by both business and government in empowering this new payment system and to drive the population toward a cashless society and attain a smart nation aspiration.

scholarly journals Implementation of Cryptographic Algorithm in Dynamic QR Code Payment System and Its Performance

IEEE Access ◽  
2021 ◽  
Vol 9 ◽  
pp. 122362-122372 ◽  
Author(s):  
Yukun Zhou ◽  
Baidong Hu ◽  
Yitao Zhang ◽  
Weiming Cai
Keyword(s):  
Payment System ◽  
Qr Code ◽  
Cryptographic Algorithm

scholarly journals Is Big Data Security Essential for Students to Understand?

2020 ◽  
Vol 11 (2) ◽  
pp. 161-170
Author(s):  
Rochman Hadi Mustofa
Keyword(s):  
Big Data ◽  
Undergraduate Students ◽  
Data Security ◽  
Personal Data ◽  
Digital Data ◽  
Security And Privacy ◽  
Group Discussions ◽  
Technology Applications ◽  
Digital Payments ◽  
Financial Technology

AbstractBig Data has become a significant concern of the world, along with the era of digital transformation. However, there are still many young people, especially in developing countries, who are not yet aware of the security of their big data, especially personal data. Misuse of information from big data often results in violations of privacy, security, and cybercrime. This study aims to determine how aware of the younger generation of security and privacy of their big data. Data were collected qualitatively by interviews and focus group discussions (FGD) from. Respondents were undergraduate students who used social media and financial technology applications such as online shopping, digital payments, digital wallet and hotel/transportation booking applications. The results showed that students were not aware enough and understood the security or privacy of their digital data, and some respondents even gave personal data to potentially scam sites. Most students are not careful in providing big data information because they are not aware of the risks behind it, socialization is needed in the future as a step to prevent potential data theft.

scholarly journals FACTORS AFFECTING THE ACTUALIZATION OF FINANCIAL TECHNOLOGY PAYMENT SYSTEM

2020 ◽  
Vol 104 (8) ◽  
pp. 106-113
Author(s):  
N.M.D. Astini ◽  
I M. Sukartha ◽  
H.B. Suprasto ◽  
D. Ariyanto
Keyword(s):  
Payment System ◽  
Factors Affecting ◽  
Financial Technology

Financial Technology Risk Management and Control in the Big Data Era

2021 ◽  
pp. 368-374
Author(s):  
Xiuwen Wang ◽  
Zhen Wu ◽  
Shuangcheng Shen
Keyword(s):  
Risk Management ◽  
Big Data ◽  
And Control ◽  
Financial Technology

scholarly journals Consumers and QR code payment method: A Case of Pakistani Retail Environment

2020 ◽  
Vol 1 (2) ◽  
pp. 1-15
Author(s):  
Hassan Ahmad ◽  
Shahid Asghar
Keyword(s):  
Payment System ◽  
Qr Code ◽  
Payment Method ◽  
Retail Environment ◽  
Research Framework ◽  
Shopping Experience ◽  
Acceptance Model

Consumers tend to find ways that are beneficial and useful for them during a shopping experience. They use different methods, either online or offline, for a more considerable retail experience. Thus, the use of a particular technology when it accessible, useful, beneficial, and innovative may help them progress a certain attitude. The practice of the theory of acceptance model(TAM) proved to be right in this context of embracing of QR code transaction method. This kind of payment system is still relatively new in the Pakistani environment, but this, with the current research framework, it shows that consumers are willing to adopt it. Thus, CINN, PBN, PEU, PUF, and attitude proved to be suitable variables for the adoption of this technology

scholarly journals A Study of the Development Mode of Internet Finance in China in the Context of Big Data

2021 ◽  
Vol 275 ◽  
pp. 01045
Author(s):  
Tingting Dou ◽  
Geng Liu
Keyword(s):  
Information Technology ◽  
Big Data ◽  
Development Mode ◽  
Continuous Development ◽  
Existing Problems ◽  
Policy Suggestions ◽  
Main Development ◽  
Internet Finance ◽  
The Relationship ◽  
Financial Technology

In recent years, with the continuous development of China’s financial technology, the relationship between Internet finance and computing information technology such as big data is getting increasingly close. Based on the existing research results, following the research ideas of finding, analyzing and solving problems, this paper studied several main development modes of Internet finance in China in the context of big data, and pointed out the existing problems, so as to put forward policy suggestions to optimize China’s Internet finance on the basis of analyzing the reasons.

scholarly journals Financial Technology as Payment Methods in the Digital Era

2021 ◽  
Vol 1 (1) ◽  
pp. 9-16
Author(s):  
I Budiarti ◽  
F Hibatulloh ◽  
M Salman
Keyword(s):  
Technological Innovation ◽  
Financial Services ◽  
Business Models ◽  
Industrial Revolution ◽  
Payment System ◽  
Advantages And Disadvantages ◽  
Payment Methods ◽  
Digital Era ◽  
The Impact ◽  
Financial Technology

FinTech is defined as technological innovation in financial services that can produce business models, applications, processes, or products with material effects related to financial services provision. This study aims to analyze the impact of developing a digital payment system and prevent inflation due to a large amount of cash in circulation. The method used in this study is qualitative. Fintech technology is very beneficial for the community, especially in industrial revolution 4.0, where this digital payment system has advantages and disadvantages. The advantages are efficiency and safety, while the disadvantages are higher interest costs. This digital payment system can minimize inflation due to the large amount of money circulating in society.

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