Fintech Adoption and Environmental Performance: Exploring the Mediating Role of Green Innovation and Financing in Commercial Banks (Acta Innovations)

Summary

• A structured questionnaire was distributed to 302 employees of commercial banks in Pakistan.p.1
• After removing incomplete responses the final sample was 302 participants, with a pilot study of 25 bank employees.p.4
• Financial literacy has a positive effect on fintech adoption (β = 0.359).p.6
• A bootstrap method based on 5000 samples was used to test the hypotheses.p.6

Key insights

1. All ten tested hypotheses were supported.p.6
2. Green finance mediates the link between fintech adoption and environmental performance (β = 0.151).p.6
3. Green innovation mediates the link between fintech adoption and environmental performance (β = 0.140).p.6
4. Financial literacy moderates the effect of fintech adoption on green finance (β = 0.128).p.6
5. Financial literacy moderates the effect of fintech adoption on green innovation (β = 0.135).p.6
6. HTMT values for all factors are below 0.85, indicating satisfactory discriminant validity.p.5
7. The study used a 5-point Likert scale and SmartPLS for structural equation modeling.p.4
8. The authors note the findings may not generalise because the sample is limited to 302 employees of Pakistani banks.p.7