Abstract:
This study aimed to know the impact of financial technology on the growth of deposits in Jordanian commercial banks listed on the Amman Stock Exchange during the period (2016-2023). To achieve its goal, this study followed the descriptive and standard approach, and data was collected from the annual reports of the 13 Jordanian commercial banks listed on the Amman Stock Exchange. Fixed Effect Tests were carried out using State 14.0. The results showed that there is a statistically significant effect of each of ATMs, smart payment cards, and branches on growth of deposits, while there was no statistically significant effect of mobile banking on growth of deposits. The results obtained from the fixed effect estimate reveal that total value of automated teller machine negatively and significantly impact on growth of deposits banks while total value of smart cards and branches exert positive influence on growth of deposits banks. Also, the relationship between total value of mobile banking and growth of deposits was also positive but fail the significant test. The study recommended the need for banks to continue their policy of establishing branches throughout the geography, given that they are mainly institutions that contribute to the events of development in the areas on which they are built, as well as continuing the policy of increasing banking awareness among customers regarding the use of smart cards, due to their importance to growth of deposits.
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