A Systematic Literature Review of the Risk Landscape in Fintech

Ruchika Jain, Satinder Kumar, Kiran Sood, Simon Grima and Ramona Rupeika-Apoga ()
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Ruchika Jain: Gobindgarh Public College, Khanna 147301, Punjab, India
Satinder Kumar: School of Management Studies, Punjabi University, Patiala 147002, Punjab, India
Kiran Sood: Chitkara Business School, Chitkara University, Rajpura 140401, Punjab, India
Simon Grima: Department of Insurance, Faculty of Economics Management and Accountancy, University of Malta, MSD 2080 Msida, Malta
Ramona Rupeika-Apoga: Faculty of Business, Management and Economics, University of Latvia, LV-1586 Riga, Latvia

Risks, 2023, vol. 11, issue 2, 1-15

Abstract: The current study is primarily concerned with the developments in financial technology, or fintech, that have significantly altered traditional financial systems, focusing on several risk categories that have emerged in the financial technology sector’s digital ecosystem. This paper is a review of existing literature related to the risk landscape in fintech, particularly its publication trend, journal productivity, impact, affiliated organizations, and related themes. A bibliometric and content analysis of 84 articles collected through Scopus’ structured database is performed for a comprehensive review. It is revealed that financial technology development has decreased physical crime while simultaneously increasing cybercrime. Another challenge is the asymmetrical technology between financial markets and the relevant supervisors. These current issues necessitate the creation of an Act on Fintech to create a comprehensive legislative framework. The present study’s findings are helpful for academia and industry to aid their existing knowledge about fintech and associated risks, particularly its timeline, geographical spread, and development of coherent themes.

Keywords: fintech; risks; bibliometric analysis; content analysis (search for similar items in EconPapers)
JEL-codes: C G0 G1 G2 G3 K2 M2 M4 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jrisks:v:11:y:2023:i:2:p:36-:d:1062302

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