The Influence of Digital Finansial Literacy and Security Perception on GEN Z Finansial Decision (A Case Study Of Seabank Users In Bogor)

Abstract

This study aims to analyze the influence of digital financial literacy and security perceptions on the financial decisions of Generation Z SeaBank users in Bogor. The development of digital financial technology has encouraged the increasing use of digital banking services, especially among Generation Z, known as a generation familiar with technology. However, varying levels of digital financial literacy and security perceptions can affect the quality of financial decisions taken by users. This study uses a quantitative method with an associative approach. Data were collected through distributing questionnaires to Generation Z SeaBank users in Bogor who were selected using a purposive sampling technique. Furthermore, the data were analyzed using multiple linear regression with the help of SPSS software. The results showed that digital financial literacy partially had a positive and significant effect on financial decisions with a significance value of 0.002 <0.05 and a t-count value of 3.115 > t-table 1.98498. Security perceptions also had a positive and significant effect on financial decisions with a significance value of 0.000 <0.05 and a t-count value of 6.269 > t-table 1.98498. Simultaneously, both variables have a positive and significant effect on financial decisions with an F-count value of 59.508 > F-table 3.09 and a significance value of 0.000 < 0.05. These findings indicate that increased digital financial literacy and perceived security can support better financial decision-making among Generation Z SeaBank users in Bogor.