Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric Study

The contemporary innovations in financial technology (fintech) serve society with an environmentally friendly atmosphere. Fintech covers an enormous range of activities from data security to financial service deliverables that enable the companies to automate their existing business structure and in...

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Main Authors: Adeel Nasir, Kamran Shaukat, Kanwal Iqbal Khan, Ibrahim A. Hameed, Talha Mahboob Alam, Suhuai Luo
Format: Article
Language:English
Published: MDPI AG 2021-11-01
Series:Applied Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3417/11/21/10353
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author Adeel Nasir
Kamran Shaukat
Kanwal Iqbal Khan
Ibrahim A. Hameed
Talha Mahboob Alam
Suhuai Luo
author_facet Adeel Nasir
Kamran Shaukat
Kanwal Iqbal Khan
Ibrahim A. Hameed
Talha Mahboob Alam
Suhuai Luo
author_sort Adeel Nasir
collection DOAJ
description The contemporary innovations in financial technology (fintech) serve society with an environmentally friendly atmosphere. Fintech covers an enormous range of activities from data security to financial service deliverables that enable the companies to automate their existing business structure and introduce innovative products and services. Therefore, there is an increasing demand for scholars and professionals to identify the future trends and directions of the topic. This is why the present study conducted a bibliometric analysis in social, environmental, and computer sciences fields to analyse the implementation of environment-friendly computer applications to benefit societal growth and well-being. We have used the ‘bibliometrix 3.0’ package of the r-program to analyse the core aspects of fintech systematically. The study suggests that ‘ACM International Conference Proceedings’ is the core source of published fintech literature. China leads in both multiple and single country production of fintech publications. Bina Nusantara University is the most relevant affiliation. Arner and Buckley provide impactful fintech literature. In the conceptual framework, we analyse relationships between different topics of fintech and address dynamic research streams and themes. These research streams and themes highlight the future directions and core topics of fintech. The study deploys a co-occurrence network to differentiate the entire fintech literature into three research streams. These research streams are related to ‘cryptocurrencies, smart contracts, financial technology’, ‘financial industry stability, service, innovation, regulatory technology (regtech)’, and ‘machine learning and deep learning innovations’. The study deploys a thematic map to identify basic, emerging, dropping, isolated, and motor themes based on centrality and density. These various themes and streams are designed to lead the researchers, academicians, policymakers, and practitioners to narrow, distinctive, and significant topics.
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spelling doaj.art-34c8816766684dfbb15534a47ef6e6c02023-11-22T20:31:33ZengMDPI AGApplied Sciences2076-34172021-11-0111211035310.3390/app112110353Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric StudyAdeel Nasir0Kamran Shaukat1Kanwal Iqbal Khan2Ibrahim A. Hameed3Talha Mahboob Alam4Suhuai Luo5Department of Management Sciences, Lahore College for Women University, Lahore 54000, PakistanSchool of Information and Physical Sciences, The University of Newcastle, Callaghan, NSW 2308, AustraliaInstitute of Business & Management, University of Engineering and Technology, Lahore 54000, PakistanDepartment of ICT and Natural Sciences, Norwegian University of Science and Technology, 7491 Trondheim, NorwayDepartment of Computer Science and Information Technology, Virtual University of Pakistan, Lahore 54890, PakistanSchool of Information and Physical Sciences, The University of Newcastle, Callaghan, NSW 2308, AustraliaThe contemporary innovations in financial technology (fintech) serve society with an environmentally friendly atmosphere. Fintech covers an enormous range of activities from data security to financial service deliverables that enable the companies to automate their existing business structure and introduce innovative products and services. Therefore, there is an increasing demand for scholars and professionals to identify the future trends and directions of the topic. This is why the present study conducted a bibliometric analysis in social, environmental, and computer sciences fields to analyse the implementation of environment-friendly computer applications to benefit societal growth and well-being. We have used the ‘bibliometrix 3.0’ package of the r-program to analyse the core aspects of fintech systematically. The study suggests that ‘ACM International Conference Proceedings’ is the core source of published fintech literature. China leads in both multiple and single country production of fintech publications. Bina Nusantara University is the most relevant affiliation. Arner and Buckley provide impactful fintech literature. In the conceptual framework, we analyse relationships between different topics of fintech and address dynamic research streams and themes. These research streams and themes highlight the future directions and core topics of fintech. The study deploys a co-occurrence network to differentiate the entire fintech literature into three research streams. These research streams are related to ‘cryptocurrencies, smart contracts, financial technology’, ‘financial industry stability, service, innovation, regulatory technology (regtech)’, and ‘machine learning and deep learning innovations’. The study deploys a thematic map to identify basic, emerging, dropping, isolated, and motor themes based on centrality and density. These various themes and streams are designed to lead the researchers, academicians, policymakers, and practitioners to narrow, distinctive, and significant topics.https://www.mdpi.com/2076-3417/11/21/10353fintechfinancial technologyblockchaindeep learningregtechenvironment
spellingShingle Adeel Nasir
Kamran Shaukat
Kanwal Iqbal Khan
Ibrahim A. Hameed
Talha Mahboob Alam
Suhuai Luo
Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric Study
Applied Sciences
fintech
financial technology
blockchain
deep learning
regtech
environment
title Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric Study
title_full Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric Study
title_fullStr Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric Study
title_full_unstemmed Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric Study
title_short Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric Study
title_sort trends and directions of financial technology fintech in society and environment a bibliometric study
topic fintech
financial technology
blockchain
deep learning
regtech
environment
url https://www.mdpi.com/2076-3417/11/21/10353
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