A Systematic Review of Fintech and Banking Profitability
Financial technology (Fintech), characterized as technology-driven financial innovation, has catalyzed significant economic growth across various nations. The Fintech sector has experienced remarkable expansion, boasting vast user numbers. While regions like the United States and China have seen acc...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2024-01-01
|
| Series: | International Journal of Financial Studies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7072/12/1/3 |
| _version_ | 1797240746416275456 |
|---|---|
| author | Adey Tarawneh Aisyah Abdul-Rahman Syajarul Imna Mohd Amin Mohd Fahmi Ghazali |
| author_facet | Adey Tarawneh Aisyah Abdul-Rahman Syajarul Imna Mohd Amin Mohd Fahmi Ghazali |
| author_sort | Adey Tarawneh |
| collection | DOAJ |
| description | Financial technology (Fintech), characterized as technology-driven financial innovation, has catalyzed significant economic growth across various nations. The Fintech sector has experienced remarkable expansion, boasting vast user numbers. While regions like the United States and China have seen accelerated Fintech development, other areas like Western Europe, Eastern Asia, and the Middle East continue their evolutionary journey with this technology. Our research offers a systematic review of contemporary literature, probing the crucial Fintech metrics affecting bank profitability and identifying the primary factors influencing these profits. This review introduces a holistic methodology for quantitatively assessing the evolving Fintech measures and their interplay with determinants of bank profitability. According to the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) guidelines, our study evaluates 28 articles from Web of Science and Scopus databases from August 2019 to August 2023. Findings delineate two principal themes: Fintech measures at both bank and country levels and determinants of profitability, encompassing bank-specific and country-specific variables. We utilize the Theories, Constructs, Contexts, and Methods framework to chart the course for future research. Our insights bear significance for theoretical progression and practical implementation, offering academics, banking professionals, and policymakers a nuanced comprehension of the nexus between Fintech and bank profitability. |
| first_indexed | 2024-04-24T18:12:20Z |
| format | Article |
| id | doaj.art-57dfb512c17b4351ab06f6de2b67f95c |
| institution | Directory Open Access Journal |
| issn | 2227-7072 |
| language | English |
| last_indexed | 2024-04-24T18:12:20Z |
| publishDate | 2024-01-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | International Journal of Financial Studies |
| spelling | doaj.art-57dfb512c17b4351ab06f6de2b67f95c2024-03-27T13:44:45ZengMDPI AGInternational Journal of Financial Studies2227-70722024-01-01121310.3390/ijfs12010003A Systematic Review of Fintech and Banking ProfitabilityAdey Tarawneh0Aisyah Abdul-Rahman1Syajarul Imna Mohd Amin2Mohd Fahmi Ghazali3Faculty of Economics & Management, Universiti Kebangsaan Malaysia (UKM), Bangi 43600, Selangor, MalaysiaFaculty of Economics & Management, Universiti Kebangsaan Malaysia (UKM), Bangi 43600, Selangor, MalaysiaFaculty of Economics & Management, Universiti Kebangsaan Malaysia (UKM), Bangi 43600, Selangor, MalaysiaFaculty of Economics & Management, Universiti Kebangsaan Malaysia (UKM), Bangi 43600, Selangor, MalaysiaFinancial technology (Fintech), characterized as technology-driven financial innovation, has catalyzed significant economic growth across various nations. The Fintech sector has experienced remarkable expansion, boasting vast user numbers. While regions like the United States and China have seen accelerated Fintech development, other areas like Western Europe, Eastern Asia, and the Middle East continue their evolutionary journey with this technology. Our research offers a systematic review of contemporary literature, probing the crucial Fintech metrics affecting bank profitability and identifying the primary factors influencing these profits. This review introduces a holistic methodology for quantitatively assessing the evolving Fintech measures and their interplay with determinants of bank profitability. According to the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) guidelines, our study evaluates 28 articles from Web of Science and Scopus databases from August 2019 to August 2023. Findings delineate two principal themes: Fintech measures at both bank and country levels and determinants of profitability, encompassing bank-specific and country-specific variables. We utilize the Theories, Constructs, Contexts, and Methods framework to chart the course for future research. Our insights bear significance for theoretical progression and practical implementation, offering academics, banking professionals, and policymakers a nuanced comprehension of the nexus between Fintech and bank profitability.https://www.mdpi.com/2227-7072/12/1/3FintechbanksprofitabilitydeterminantsPRISMA |
| spellingShingle | Adey Tarawneh Aisyah Abdul-Rahman Syajarul Imna Mohd Amin Mohd Fahmi Ghazali A Systematic Review of Fintech and Banking Profitability International Journal of Financial Studies Fintech banks profitability determinants PRISMA |
| title | A Systematic Review of Fintech and Banking Profitability |
| title_full | A Systematic Review of Fintech and Banking Profitability |
| title_fullStr | A Systematic Review of Fintech and Banking Profitability |
| title_full_unstemmed | A Systematic Review of Fintech and Banking Profitability |
| title_short | A Systematic Review of Fintech and Banking Profitability |
| title_sort | systematic review of fintech and banking profitability |
| topic | Fintech banks profitability determinants PRISMA |
| url | https://www.mdpi.com/2227-7072/12/1/3 |
| work_keys_str_mv | AT adeytarawneh asystematicreviewoffintechandbankingprofitability AT aisyahabdulrahman asystematicreviewoffintechandbankingprofitability AT syajarulimnamohdamin asystematicreviewoffintechandbankingprofitability AT mohdfahmighazali asystematicreviewoffintechandbankingprofitability AT adeytarawneh systematicreviewoffintechandbankingprofitability AT aisyahabdulrahman systematicreviewoffintechandbankingprofitability AT syajarulimnamohdamin systematicreviewoffintechandbankingprofitability AT mohdfahmighazali systematicreviewoffintechandbankingprofitability |