Technological Integration in Financial Management: A Bibliometric Analysis of Emerging Trends and Innovations

Published: October 15, 2024

Authors

Divya Goswami

Keywords
Artificial intelligence, Fintech, Blockchain, Robo-Advisors, Bibliometric analysis

Abstract

Background: The integration of advanced technologies, including AI, blockchain, and fintech, has significantly reshaped financial management. These inventions have improved ease of use, accountability, and accessibility while democratizing financial services across various sectors, such as automated advisory services.

Purpose: This study aims to explore the fintech landscape of the technology integrated financial services by identifying key trends, institutions, and emerging innovations within the financial management domain.

Methods: A bibliometric analysis was conducted on 1,319 Scopus articles to systematically map developments and advancements in technology driven financial services.

Results: The analysis revealed the key focus areas, further highlighting prominent institutions driving research, and uncovered notable emerging innovations that are shaping the future of financial technologies.

Conclusion: The findings provide valuable insights into the current state of technological advancements in financial services and offer future directions, contributing to both academic understanding and practical applications in the fintech sector.

References

  • Bajwa, I. A., Ur Rehman, S., Iqbal, A., Anwer, Z., Ashiq, M., & Khan, M. A. (2022). Past, present and future of Fintech research: A bibliometric analysis. SAGE Open, 12(4).
  • Ballester, L., Díaz-Mendoza, A. C., & González-Urteaga, A. (2019). A systematic review of sovereign connectedness on emerging economies. International Review of Financial Analysis, 62, 157–163.
  • Bhatia, A., Chandani, A., Atiq, R., Mehta, M., & Divekar, R. (2021). Artificial intelligence in financial services: Qualitative research to discover robo-advisory services. Qualitative Research in Financial Markets, 13(5), 632-654.
  • Bhatia, A., Chandani, A., Divekar, R., Mehta, M., & Vijay, N. (2022). Digital innovation in the wealth management landscape: The moderating role of robo-advisors in behavioural biases and investment decision-making. International Journal of Innovation Science, 14(3/4), 693-712.
  • Bornmann, L. (2017). Measuring impact in research evaluations: A thorough discussion of methods for, effects of, and problems with impact measurements. Higher Education, 73(5), 775–787. https://doi.org/10.1007/s10734-016-9995-x
  • Despotović, A., Parmaković, A., & Miljković, M. (2023). Cybercrime and cybersecurity in fintech. In Digital transformation of the financial industry: Approaches and applications (pp. 255-272). Cham: Springer International Publishing.
  • Echchakoui, S. (2020). Why and how to merge Scopus and Web of Science during bibliometric analysis: The case of sales force literature from 1912 to 2019. Journal of Marketing Analytics, 8(3), 165–184. https://doi.org/10.1057/s41270-020-00081-9
  • Garner, J., Humphrey, P. R., & Simkins, B. (2016). The business of sport and the sport of business: A review of the compensation literature in finance and sports. International Review of Financial Analysis, 47, 197–204.
  • Gomber, P., Kauffman, R. J., Parker, C., & Weber, B. W. (2018). On the fintech revolution: Interpreting the forces of innovation, disruption, and transformation in financial services. Journal of Management Information Systems, 35(1), 220-265.
  • Gomber, P., Koch, J. A., & Siering, M. (2017). Digital finance and fintech: Current research and future research directions. Journal of Business Economics, 87(5), 537-580.
  • Hua, X., Huang, Y., & Zheng, Y. (2019). Current practices, new insights, and emerging trends of financial technologies. Industrial Management & Data Systems, 119(7), 1401-1410.
  • Mogaji, E. (2023). Redefining banks in the digital era: A typology of banks and their research, managerial and policy implications. International Journal of Bank Marketing, 41(7), 1899-1918.
  • Moro-Visconti, R., & Cesaretti, A. (2023). Fintech and digital payment systems valuation. In Digital token valuation: Cryptocurrencies, NFTs, decentralized finance, and blockchains (pp. 411-458). Cham: Springer Nature Switzerland.
  • Naker, N. (2022). “The winds of change: Trends shaping India’s FinTech sector: Edition II” highlights the potential and emerging trends in the industry. https://www.ey.com/en_in/insights/consulting/seven-key-trends-shaping-the-future-of-fintech-industry
  • Pritchard, A. (1969). Statistical bibliography or bibliometrics? Journal of Documentation, 25(4), 348–349.
  • Sanyaolu, T. O., Adeleke, A. G., Azubuko, C. F., & Osundare, O. S. (2024). Harnessing blockchain technology in banking to enhance financial inclusion, security, and transaction efficiency. International Journal of Scholarly Research in Science and Technology, 5(01), 035-053.
  • Shandilya, S. K., Datta, A., Kartik, Y., & Nagar, A. (2024). Navigating the regulatory landscape. In Digital resilience: Navigating disruption and safeguarding data privacy (pp. 127-240). Cham: Springer Nature Switzerland.
  • Zavolokina, L., Dolata, M., & Schwabe, G. (2017). Fintech – What’s in a name? Proceedings of the 38th International Conference on Information Systems (ICIS), 1-19.
  • Zhu, J., & Liu, W. (2020). A tale of two databases: The use of Web of Science and Scopus in academic papers. Scientometrics, 123(1), 321–335. https://doi.org/10.1007/s11192-020-03387-8
  • Zou, X., Long, W., & Le, H. (2018). Visualisation and analysis of mapping knowledge domain of road safety studies. Accident Analysis & Prevention, 118, 131–145. https://doi.org/10.1016/j.aap.2018.06.010

How to Cite

Divya Goswami. Technological Integration in Financial Management: A Bibliometric Analysis of Emerging Trends and Innovations. J.Technol. Manag. Grow. Econ.. 2024, 15, 47-55
Technological Integration in Financial Management: A Bibliometric Analysis of Emerging Trends and Innovations

Current Issue

PeriodicityBiannually
Issue-1May
Issue-2November
ISSN Print0976-545X
ISSN Online2456-3226
RNI No.CHAENG/2013/50088
OA Policy

Publisher's policy of the journal at Sherpa UK for the submitted, accepted, and published articles. Click OAPolicy

Plan-S Compliance

To check compliance, one has to use the Journal Check Tool (JCT). This tool provided by cOAlition S (European funders) for the researchers (fundee) to check the compliance with the journal.

Recommend journal to your library

You can recommend the journal being a researcher or faculty member to your library. We will post a copy of the Journal to your library on your behalf at free of cost.
Click here: Recommend Journal

Preprint Arxiv Submission

The authors are encouraged to submit the author’s copy (preprint) to appropriate preprint archives e.g. https://arxiv.org and/or on https://indiarxiv.org or institutional repositories (e.g., D Space) before paper acceptance by the editor of Journal. After publications of the paper author(s) should mention the citation information, title and abstract along with DOI number of the publication carefully on the required page of the depository(ies).

Contact: Phone: +91-172-2741000, +91-172-4691800

Email : editor.tmg@chitkara.edu.in;

Abstract and Indexing

Information

This work is licensed under a Creative Commons Attribution 4.0 International License.

Articles in Journal of Technology Management for Growing Economies(J.Technol. Manag. Grow. Econ.) by Chitkara University Publications are Open Access articles that are published with licensed under a Creative Commons Attribution- CC-BY 4.0 International License. Based on a work at https://tmg.chitkara.edu.in/. This license permits one to use, remix, tweak and reproduction in any medium, even commercially provided one give credit for the original creation.

View Legal Code of the above-mentioned license, https://creativecommons.org/licenses/by/4.0/legalcode

View Licence Deed here https://creativecommons.org/licenses/by/4.0/

Creative Commons License

Journal of Technology Management for Growing Economies by Chitkara University Publications is licensed under a Creative Commons Attribution 4.0 International License.
Based on a work at https://tmg.chitkara.edu.in/

Visibility, Memberships and Ethics