Trends and insights on the intersection of financial technology and cybersecurity research: A bibliometric review (2014-2024).
DOI:
https://doi.org/10.32890/pr2025.7.11Kata kunci:
FinTech, bibliometric analysis, cybersecurity, information security, bibliometrixAbstrak
The main goal of this study is to reveal the most distinctive trends in the intersection between financial technology (FinTech) and cybersecurity using bibliometric study of the Scopus database sources. The analysis revealed that the research of FinTech and information and cyber security has been growing consistently over the years, since 2014. Implications wise, this study provides researchers and practitioners with a more in depth understanding of how the components of information security and cybersecurity intersect in FinTech based on the trend of the current publications in both areas. Specifically, this study could support researchers in a better insight into and summarization of the most foundational knowledge of information and cyber security factors to FinTech developments. This bibliometric analysis is expected to offer an insight into the structural knowledge of cyber and information security integration with FinTech in the last decade, which is a crucial step in determining the future of research in this area.
Rujukan
Adelaja, A. O., Umeorah, S. C., Abikoye, B. E., & Nezianya, M. C. (2024). Advancing financial inclusion through fintech: Solutions for unbanked and underbanked populations. World Journal of Advanced Research and Reviews, 23(01), 427-438.
Alt, R., Beck, R. & Smits, M. T. (2018). FinTech and the transformation of the financial industry. Electron Markets, 28, 235–243. https://doi.org/10.1007/s12525-018-0310-9
Belanche, D., Casaló, L. V., & Flavián, C. (2019). Artificial Intelligence in FinTech: Understanding robo-advisors adoption among customers. Industrial Management & Data Systems, 119(7), 1411-1430.
Bollinger B., & Yao, S. (2018). Risk transfer versus cost reduction on two-sided microfinance platforms. Quant Mark Econ 16, 251–287.
Busayatananphon, C., & Boonchieng, E. (2022). Financial Technology DeFi Protocol: A Review. 2022 Joint International Conference on Digital Arts, Media and Technology with ECTI Northern Section Conference on Electrical, Electronics, Computer and Telecommunications Engineering (ECTI DAMT & NCON), Chiang Rai, Thailand, 2022, pp. 267-272. https://doi.org/10.1109/ECTIDAMTNCON53731.2022.9720373
Cai, C. W. (2018). Disruption of financial intermediation by FinTech: A review on crowdfunding and blockchain. Accounting & Finance, 58(4), 965-992.
Corbet, S., & Gurdgiev, C. (2017). Financial digital disruptors and cyber-security risks: Paired and systemic. Forthcoming in Journal of Terrorism & Cyber Insurance, 1(2). Practitioner Research, 7, July 2025, pp: 138-
Dai, W., Wang, Q., Wang, Z., Lin, X., Zou, D., & Jin, H. (2021). Trustzone-based secure lightweight wallet for hyperledger fabric. Journal of Parallel and Distributed Computing, 149, 66-75.
Despotović, A., Parmaković, A., & Miljković, M. (2023). Cybercrime and Cyber Security in Fintech. In: Benković, S., Labus, A., Milosavljević, M. (Eds), Digital Transformation of the Financial Industry. Contributions to Finance and Accounting. Springer. https://doi.org/10.1007/978-3-031-23269-5_15
Eltweri, A., Faccia, A., & Khassawneh, O. (2021, December). Applications of big data within finance: Fraud detection and risk management within the real estate industry. In Proceedings of the 2021 3rd International Conference on E-Business and E-commerce Engineering (pp. 67-73).
Emara, N., & Zhang, Y. (2021). The non-linear impact of digitization on remittances inflow: Evidence from the BRICS. Telecommunications Policy, 45(4), 102112.
Faccia, A., Moşteanu, N. R., Cavaliere, L. P. L., & Mataruna-Dos-Santos, L. J. (2020, September). Electronic money laundering, the dark side of fintech: An overview of the most recent cases. In Proceedings of the 2020 12th International Conference on Information Management and Engineering (pp. 29-34).
Folorunso, A., Wada, I., Samuel, B., & Mohammed, V. (2024). Security compliance and its implication for cybersecurity. World Journal of Advanced Research and Reviews, 24(01), 2105-2121.
George, A. S. (2023). Securing the future of finance: How AI, blockchain, and machine learning safeguard emerging neobank technology against evolving cyber threats. Partners Universal Innovative Research Publication, 1(1), 54-66.
Gomber, P., Kauffman, R. J., Parker, C., & Weber, B. W. (2018). On the fintech revolution: Interpreting the forces of innovation, disruption, and transformation in financial services. Journal of Management Information Systems, 35(1), 220–265. https://doi.org/10.1080/ 07421222.2018.1440766
Hossain, M. J., Rifat, R. H., Mugdho, M. H., Jahan, M., Rasel, A. A., & Rahman, M. A. (2022, November). Cyber threats and scams in FinTech organizations: A brief overview of financial fraud cases, future challenges, and recommended solutions in Bangladesh. In 2022 International Conference on Informatics, Multimedia, Cyber and Information System (ICIMCIS) (pp. 190-195). IEEE.
Ileberi, E., Sun, Y., & Wang, Z. (2021). Performance evaluation of machine learning methods for credit card fraud detection using SMOTE and AdaBoost. IEEE Access, 9, 165286-165294.
Jović, Ž., & Nikolić, I. (2022). The darker side of FinTech: the emergence of new risks. Zagreb International Review of Economics & Business, 25(SCI), 46-63.
Kaur, G., Habibi Lashkari, Z., Habibi Lashkari, A. (2021). Cybersecurity threats in FinTech. In Understanding cybersecurity management in FinTech. Future of business and finance. Springer. https://doi.org/10.1007/978-3-030-79915-1_4
Kumari, A., & Devi, N. C. (2022). The impact of fintech and blockchain technologies on banking and financial services. Technology Innovation Management Review, 12(1/2).
Lee, C. C., Li, X., Yu, C. H., & Zhao, J. (2021). Does fintech innovation improve bank efficiency? Evidence from China’s banking industry. International Review of Economics & Finance, 74, 468-483.
Ma, S., Guo, C., Wang, H., Xiao, H., Xu, B., Dai, H. N.,... & Wang, T. (2018, October). Nudging data privacy management of open banking based on blockchain. In 2018 15th International Symposium on Pervasive Systems, Algorithms and Networks (I-SPAN) (pp. 72-79). IEEE.
Mosteanu, N. R., & Faccia, A. (2020). Digital systems and new challenges of financial management– FinTech, XBRL, blockchain and cryptocurrencies. Quality–Access to Success, 21(174), 159-166. Practitioner Research, 7, July 2025, pp: 138-
Mosteanu, N. R., & Faccia, A. (2021). Fintech frontiers in quantum computing, fractals, and blockchain distributed ledger: Paradigm shifts and open innovation. Journal of Open Innovation: Technology, Market, and Complexity, 7(1), 19.
Ng, A. W., & Kwok, B. K. B. (2017). Emergence of Fintech and cybersecurity in a global financial centre: Strategic approach by a regulator. Journal of Financial Regulation and Compliance, 25(4), pp. 422-434. https://doi.org/10.1108/JFRC-01-2017-0013
Palmié M., Wincent J., Parida V., & Caglar, U. (2020). The evolution of the financial technology ecosystem: An introduction and agenda for future research on disruptive innovations in ecosystems. Technol Forecast Soc Chang, 151, 119779.
Paul, E., Callistus, O., Somtobe, O., Esther, T., Somto, K., Clement, O., & Ejimofor, I. (2023). Cybersecurity strategies for safeguarding customer’s data and preventing financial fraud in the United States financial sectors. International Journal on Soft Computing, 14(3), 01-16.
Renduchintala, T., Alfauri, H., Yang, Z., Pietro, R. D., & Jain, R. (2022). A survey of blockchain applications in the fintech sector. Journal of Open Innovation: Technology, Market, and Complexity, 8(4), 185.
Salampasis, D., & Mention, A. L. (2018). FinTech: Harnessing innovation for financial inclusion. In Handbook of blockchain, digital finance, and inclusion (Volume 2, pp. 451-461). Academic Press. Șcheau, M. C., Rangu, C. M., Popescu, F. V., & Leu, D. M. (2022). Key pillars for FinTech and cybersecurity. Acta Universitatis Danubius. Œconomica, 18(1).
Stewart, H., & Jürjens, J. (2018). Data security and consumer trust in FinTech innovation in Germany. Information & Computer Security, 26(1), 109-128.
Takeda, A., & Ito, Y. (2021). A review of FinTech research. International Journal of Technology Management, 86(1), 67-88.
Tian, M. W., Wang, L., Yan, S. R., Tian, X. X., Liu, Z. Q., & Rodrigues, J. J. P. (2019). Research on financial technology innovation and application based on the 5G network. IEEE Access, 7, 138614-138623.
Umoga, U. J., Sodiya, E. O., Amoo, O. O., & Atadoga, A. (2024). A critical review of emerging cybersecurity threats in financial technologies. International Journal of Science and Research Archive, 11(1), 1810-1817.
Varga, D. (2017). Fintech, the new era of financial services. Vezetéstudomány-Budapest Management Review, 48(11), 22-32.
Vives, X. (2017). The impact of FinTech on banking. European Economy, 2, 97-105.
Xia, P., Wang, H., Gao, B., Su, W., Yu, Z., Luo, X.,... & Xu, G. (2021). Trade or trick? detecting and characterizing scam tokens on Uniswap decentralized exchange. Proceedings of the ACM on Measurement and Analysis of Computing Systems, 5(3), 1-26.
