Abstract
Indonesia's digital economy continues to experience positive growth. The growth of the digital economy causes the volume of digital banking transactions to continue to increase. This shows the potential in utilizing the fintech market to the fullest. However, this market has not been utilized properly because there are still unbankable people who have not been accessed by banking services. The presence of fintech is expected to be a solution to target the unbanked population. Based on the existing potential, fintech has the opportunity to be developed to increase the financial inclusion of Islamic banking in accordance with the 2020-2025 Islamic Banking Roadmap in Indonesia. With the largest Muslim population in Indonesia and through the role of Generation Z, which is a generation that grew up in the digital era, this can be a potential in increasing the role of fintech as an effort towards inclusiveness for the unbankable community. With the increase in community inclusiveness, it can encourage the acceleration of the development of Islamic banking. This study aims to optimize the role of fintech development in Islamic banking in achieving the objectives of the 2020-2025 Islamic Banking Roadmap in Indonesia. The method used in this research is quantitative research with data collection techniques through literature reviews and questionnaires. The results show that the majority of Generation Z have access to good fintech financial services. Thus, generation Z has a role in increasing the financial inclusion of Islamic banking through the use of technology services, namely fintech, so that in the end, increasingly inclusive banking finance can support the achievement of the vision of the sharia banking roadmap that has been launched by the OJK.
Highlights
In the current era of globalization, technology is developing very rapidly.Along with its development, the financial services sector has become one of the sectors that take advantage of these developments in making innovations to provide financial services for the community
Data Collection Results and Analysis The object of research in this survey is Generation Z who live in the areas of Jakarta, Bogor, Depok, Tangerang, and Bekasi in the Province of West Java without any restrictions on respondents related to religious aspects
Analysis of the Likert Scale To measure the variables of this study, we analyzed using a Likert scale consisting of 4 scale options that have gradations from Strongly Agree (SS) to Strongly Disagree (STS) on the three variables as follows: Table 13 Rating of the Likert skala scale
Summary
In the current era of globalization, technology is developing very rapidly.Along with its development, the financial services sector has become one of the sectors that take advantage of these developments in making innovations to provide financial services for the community. The development of fintech has led to many application innovations in financial services, such as payment instruments, loan tools and others that are becoming popular in the current digital era. The Financial Services Authority has recorded the accumulated value of lending from fintech lending in Indonesia reached Rp. 181.67 trillion as of March 2021. This value has increased by 16.53% from the end of 2020 to May 5, 2021. Based on data from the Financial Services Authority as of January 2020, there are 25 fintech companies that have been licensed by the OJK from 164 fintech companies It increased again at the end of the year to 37 fintech companies that were licensed by the OJK
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