INTERNATIONAL CENTER FOR RESEARCH AND RESOURCE DEVELOPMENT

ICRRD QUALITY INDEX RESEARCH JOURNAL

ISSN: 2773-5958, https://doi.org/10.53272/icrrd

Drivers of AI Adoption of Banks in Bangladesh: Moderating Role of Technology Readiness

Drivers of AI Adoption of Banks in Bangladesh: Moderating Role of Technology Readiness

Abstract: The main focus of this study is to examine the key factors contributing to consumers' inclination towards embracing AI within banking services. It further discusses the moderating role of technology readiness in determining the effect of perceived usefulness, perceived ease of use, user innovativeness, and perceived trust on the intention to use AI applications in the banking services. The research gathered data using a structured questionnaire and non-probability random sampling methods. Data were collected from 300 private bank customers residing in two urban cities (Dhaka and Chattogram) in Bangladesh. The study found that perceived usefulness, perceived ease of use, user innovativeness, and perceived trust are significantly correlated with behavioral intentions to adopt AI-based banking services. Simultaneously, technology readiness moderates the interaction between perceived usefulness and perceived ease of use and intentions to adopt AI services in banking transactions. The originality of this study lies in its investigation of AI adoption in Bangladeshi banks by integrating TAM constructs with user innovativeness and trust, while uniquely examining technology readiness as a moderator influencing adoption intentions.

Keywords: AI Adoption, ETAM, Technology Readiness and Banks.