Fintech research: systematic mapping, classification, and future directions

• Published in: Financial innovation (Heidelberg) Vol. 10; no. 1; pp. 24 - 33
• Main Authors: Liu, Qianhua, Chan, Ka-Ching, Chimhundu, Ranga
• Format: Journal Article
• Language: English
• Published: Berlin/Heidelberg Springer Berlin Heidelberg 01.12.2024; Springer Nature B.V; SpringerOpen
• Subjects: Bank technology; Banking; Bibliometrics; Blockchain; Business models; Classification; Classification schemes; Economics; Economics and Finance; Financial innovation; Financial institutions; Financial services; Financial technology; Fintech; Innovations; Macroeconomics/Monetary Economics//Financial Economics; Political Economy/Economic Systems; Review; Securities markets; Systematic mapping study; Trends; Financial technology; Fintech; Financial innovation; Systematic mapping study
• ISSN: 2199-4730; 2199-4730
• DOI: 10.1186/s40854-023-00524-z

This systematic mapping study provides a comprehensive review of current Fintech publications, analyzing the current state, maturity level, and future directions of Fintech research. Reviewing 518 Fintech articles across four academic databases from 2008 to 2021, we find a significant increase in Fintech studies, especially in Quartile 1 and Quartile 2 journals. Fintech and banking, Fintech development, and Fintech adoption are the most popular research areas, and articles in these areas are increasing. We propose a classification scheme for Fintech studies across five dimensions. Our study provides a unique perspective on the subject, enabling researchers and practitioners to re-evaluate the direction and scope of future Fintech research.