The research seeks to identify the impact of the use of financial technology (FinTech) in supporting and enhancing the return measured (return on total assets) and achieving financial stability by reducing credit risk measured by the natural logarithm of non-performing loans, and to identify the latest theoretical proposals for financial knowledge on the subject, using a deliberate sample that included ten Iraqi commercial banks listed on the Iraq Stock Exchange for a period of five years, using regression analysis of panel data as a model for research. The results of the research revealed that the use of financial technology has an impact on enhancing and supporting the return and achieving financial stability through risk reduction. The researchers recommended the need to deepen the use of modern financial technology systems such as artificial intelligence, financing and investment platforms, and the provision of financial services over the phone, which represent part of the digitization of business because of its great role in enhancing financial inclusion and banking efficiency, as well as urging the supervisory and supervisory authorities (the Central Bank) to oblige commercial banks to adopt these systems within studied courses of action for their importance in enhancing performance within a sustainable banking environment.