GLIMS Journal of Management Review
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Yamuna TN1
, Kirti Dutta2 and Ramakrishna Dantu3
1ABB India, Bengaluru, Karnataka, India
1SGT University, Gurugram, Haryana, India
1Information Systems and Business Analytics Department, College of Business Administration, California State University, Sacramento, California, United States
Fintech is here to stay, like the tech revolution with far-reaching impact on different sectors. Fintech’s potential to transform the Banking, Financial Services, and Insurance (BFSI) sector has been evident since its inception. As fintech grew, product offerings kept increasing. The ease of transaction and speed of transaction lured many to switch to fintech offerings. Thus, numerous studies were done to check if fintech had redefined the product range in the BFSI sector. There was a gap wherein not many studies identified the direction of fintech with regard to products. The existing study scans the extensive literature to unveil different clusters which have emerged out of fintech research. A literature review was done for 1,321 articles by applying topic modelling, a machine learning technique. The abstracts of these documents were analysed by applying the latent Dirichlet allocation statistical method. The resultant keywords that emerged were manually analysed to identify the categories/topics of study based on relevance. Seven key categories emerged based on the analysis of the results of topic modelling being fintech, blockchain, digital banking, crowdfunding, algo tech, regulatory technology and sustainable finance. The findings of this study would be beneficial to understand how fintech is shaping contemporary venues for future research. The article suggests a technical approach to provide valuable information to practitioners for fintech applications and to academicians for future research.
Corporate, government and governance, industry, policy, professionals, RegTech, fintech and emerging verticals, effects of fintech, growth of fintech, fintech
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