ANALISIS EKSISTENSI FINTECH SYARIAH UNTUK KEMUDAHAN PROSES TRANSAKSI PEMBIAYAAN DI BANK MUAMALAT KCU MEDAN BARU

Abstract

ABSTRACT ANALYSIS OF THE EXISTENCE OF SHARIA FINTECH FOR EASE OF FINANCING TRANSACTION PROCESSES AT BANK MUAMALAT BRANCH MEDAN BARU RIJCA SARI FRASTIO 71190215009 This study aims to examine financial technology for financing at bank Muamalat KCU Medan Baru. Research in this thesis aims to determine the Strengths, Weaknesses, Opportunities and Threats of Fintech's existence towards the ease of the transaction process financing at bank muamalat kcu new terrain so that it can provide strategic input to Fintech companies and or Islamic financial/banking institutions that are collaborating and digitizing with Fintech companies. This thesis uses a qualitative descriptive research method and uses techniques to collect data by observation, documentation, interviews and/and using SWOT analysis techniques. And it can be concluded that the existence of Fintech has the power to create enormous opportunities.The results of this study indicate that most people who finance both Islamic fintech and Islamic Commercial Banks generally understand that financing made in Islamic Fintech Peer to Peer (P2P) Lending is different from financing carried out by Islamic Commercial Banks. As a percentage, the increase in the development of Sharia Fintech Peer to Peer Lending shows a very significant development, however, cumulatively, Islamic Commercial Banks provide more varied contracts, products, financing mechanisms and larger financing amounts. This is due to various factors, one of which is the establishment of Sharia Fintech Peer to Peer (P2P) Lending which is still new in Indonesia. Keywords: Eksistensi, Fintech, Convenience, Financing