Adoption of Fintech for Sustainable Administrative Efficiency of Higher Educational Institutions: Bangladesh Perspective

Abstract

Fintech solutions offer innovative tools and platforms that streamline financial operations, enhance convenience, and improve efficiency. The purpose of this research is to examine the impact of fintech on administrative efficiency among universities in Bangladesh. To fulfil this purpose, this research assesses the current level of fintech adoption among university students in Bangladesh and seeks to gain insights into students’ perceptions and attitudes towards fintech, particularly in relation to its impact on administrative tasks within their respective universities. Finally, this research identifies the challenges and opportunities associated with the integration of fintech in administrative processes and explores potential strategies to address them effectively. This research used both quantitative and qualitative strategies to achieve these goals. A survey was conducted to collect quantitative data from the university students of Bangladesh. Findings show that the adoption and usage of fintech have a statistically significant positive impact on administrative efficiency, resource allocation and utilisation, enhanced communication, and a sustainable and eco-friendly administrative environment.