FinTech: a literature review of emerging financial technologies and applications

Gang Kou () and Yang Lu ()
Additional contact information
Gang Kou: Southwest University of Finance and Economics
Yang Lu: Beijing Technology and Business University

Financial Innovation, 2025, vol. 11, issue 1, 1-34

Abstract: Abstract Future financing has the potential to evolve into a forward-looking and ingenious system that can enrich diverse technologies. This investigation focuses on five attractive emerging technologies tied to the finance, namely artificial intelligence (AI), machine learning, blockchain, augmented reality (AR)/virtual reality (VR), and quantum mechanics. Within the financial milieu, there is an ongoing pursuit for more precise, optimized, secure, and agile solutions capable of managing multifarious financial undertakings. Emerging technologies present remarkable modalities for achieving these objectives. This scholarly exposition expounds upon the creation of emerging technologies within the financial world, while concurrently deliberating upon the prospective applications of these technologies within financial systems. Given the nascent stage of development that characterizes these emerging technologies, the advancement of financial performance emerges as a substantial challenge owing to both technological and operational advantages. Technology-oriented financing has emerged as an essential trajectory for shaping the future of finance.

Keywords: FinTech; Emerging technology; AI (artificial intelligence); Machine learning; Blockchain; AR (augmented reality)/VR (virtual reality); Quantum mechanics (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1186/s40854-024-00668-6 Abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fininn:v:11:y:2025:i:1:d:10.1186_s40854-024-00668-6

Ordering information: This journal article can be ordered from
http://www.springer. ... nomics/journal/40589

DOI: 10.1186/s40854-024-00668-6

Access Statistics for this article

Financial Innovation is currently edited by J. Leon Zhao and Zongyi

More articles in Financial Innovation from Springer, Southwestern University of Finance and Economics
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().