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Empowering the financial sector: the role of fintech research development trends

Author

Listed:
  • Ahmed Razman Latiff

    (University Putra Malaysia)

  • Mohammad Zakaria Alqudah

    (University of Valencia)

  • Husni Samara

    (University Putra Malaysia)

  • Naji Alslaibi

    (Bethlehem University)

Abstract

Fintech has revolutionized the financial sector; however, research remains fragmented across domains, necessitating a comprehensive understanding of its landscape. This study maps fintech research trends from 2018 to 2023 by using a bibliometric analysis of 868 publications from the Web of Science Core Collection. Employing tools such as VOS viewer and RStudio, this study conducts cluster analysis, keyword co-occurrence analysis, and bibliographic coupling to identify key themes. Four major directions have emerged: fintech’s role in financial entrepreneurship, efficiency and profitability in banking, client behavior and trust in digital services, and innovations in Islamic banking. These findings highlight the current trends and outline future research opportunities. This study offers original insights into fintech’s transformative impact on finance, guiding researchers, practitioners, and policymakers in fostering innovation, regulation, and investment. Furthermore, by addressing societal implications, particularly within Islamic banking and consumer behavior, it contributes to building inclusive and sustainable financial systems, underscoring fintech’s potential to reshape global finance.

Suggested Citation

  • Ahmed Razman Latiff & Mohammad Zakaria Alqudah & Husni Samara & Naji Alslaibi, 2025. "Empowering the financial sector: the role of fintech research development trends," Future Business Journal, Springer, vol. 11(1), pages 1-22, December.
    • Handle: RePEc:spr:futbus:v:11:y:2025:i:1:d:10.1186_s43093-025-00512-y
    DOI: 10.1186/s43093-025-00512-y
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    References listed on IDEAS

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    More about this item

    Keywords

    Financial technology trends; Cluster analysis; Financial sector empowerment; Financial literacy;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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