The Role of The Millenial Generation in Fintech Development

Abstract

Technological advancements are driving rapid changes in various fields, including education, industry, economics, and finance. The millennial generation, who are very proficient in technology, play an important role in the development of financial technology (fintech). This research aims to explore the specific role of millennials in the advancement of fintech. This study focuses on the millennial generation and uses a qualitative descriptive method for data collection. Through interviews and documentation, data is collected and analyzed using an inductive approach. These findings are presented in the form of interview data and documentation that highlight millennial behavior and their closeness to technology, especially in the realm of financial technology. The results of research on accounting students at the National Polytechnic Campus regarding the role of the millennial generation in the development of fintech are very important, this is shown by the results of interviews that researchers have conducted, namely 7 out of 10 students understand about fintech and they participate in fintech developments which in this case they have played a role in the current development of financial technology, and the rest of them do not understand and are not interested in using fintech due to a lack of education and outreach about fintech.