Mapping of Financial Technology (FinTech) Research: A Bibliometric Analysis
FinTech, the word which is derived from “financial technology”, is the technology and innovation which their objectives are to offer better services and technologies in the financial services industry in the current and advanced technology age and the industrial revolution. Financial services such as banks, insurance, stock brokerage, investments and all other related services that manage money are nowadays depended more on the technology to gain competitive advantages and to help the decision-makers to make a better judgement for the businesses. With the growth of FinTech, there are various studies that have been conducted in this field. Thus, this study aims to present the current trend of the study on FinTech. This study adopted a bibliometric analysis based on the data obtained from the Scopus database. Based on the keywords used, which is related to the FinTech in the title of the article, the study manages to obtain 486 documents for further analysis. Various tools have been employed, such as Microsoft Excel to conduct the frequency analysis, VOSviewer for data visualization, and Harzing’s Publish or Perish for citation metrics and analysis. This study reports the results using standard bibliometric indicators such as publication year, document type, source type, source title, languages, subject area, keywords analysis, geographical distribution, authorship, active institutions, and citation analysis. Based on our findings, there is a tremendous growth of publications on FinTech over the years since 2015. The increasing number of works on FinTech indicates the importance of technology on the financial services industry, and there are for sure some impacts on the economy and public lifestyle.