investigating the effect of fintech implementation components in the banking industry of iran

Fintech is a solution that strengthens financial communication and, when applied, provides new methods for performing smarter, more agile, and broader financial services. the purpose of this study is to investigate and analyze the factors that affect the implementation of fintech in iran's banking industry using structural equation modeling. the study aims to provide comprehensive solutions for removing barriers and fostering the development of the iranian banking industry by fully understanding the current situation. this article follows a descriptive analytical approach, and data collection was conducted through library studies and questionnaires. the statistical sample consisted of 12,147 personnel working in iran's banks in 1400. given the population size, cochran's method and random sampling were employed to determine the sample size. the collected data were analyzed and classified using a questionnaire, a test of the main hypothesis and sub-hypotheses, and structural equation modeling conducted with smart pls statistical software. the results obtained confirm the main hypothesis and the sub hypotheses of the research. the findings indicate that the banking sector requires legalization and harmonization with upstream laws, as well as the development of infrastructure and tools, which are crucial for implementing fintech strategies in iran's banking industry. these measures aim to promote transparency, reduce costs, provide high-speed services, and advance toward a smart economy.