Digital transformation in finance_ A review of current research and future directions in FinTech_WJARR-2024-0904.pdf
Creators: name: Kamuangu, Paulin
Publisher: name: figshare
Year: 2024
Subjects: classificationCode: 350103
subject: Financial accounting
classificationCode: 350101
subject: Accounting theory and standards
classificationCode: 350104
subject: International accounting
classificationCode: 350105
subject: Management accounting
classificationCode: 350107
subject: Sustainability accounting and reporting
classificationCode: 350199
subject: Accounting, auditing and accountability not elsewhere classified
classificationCode: 350202
subject: Finance
classificationCode: 350203
subject: Financial econometrics
classificationCode: 350204
subject: Financial institutions (incl. banking)
classificationCode: 350299
subject: Banking, finance and investment not elsewhere classified
classificationCode: 460203
subject: Evolutionary computation
classificationCode: 460205
subject: Intelligent robotics
classificationCode: 460201
subject: Artificial life and complex adaptive systems
classificationCode: 460103
subject: Applications in life sciences
classificationCode: 460401
subject: Cryptography
classificationCode: 460402
subject: Data and information privacy
classificationCode: 460404
subject: Digital forensics
classificationCode: 460499
subject: Cybersecurity and privacy not elsewhere classified
classificationCode: 460407
subject: System and network security
classificationCode: 460904
subject: Information security management
classificationCode: 460905
subject: Information systems development methodologies and practice
classificationCode: 460908
subject: Information systems organisation and management
classificationCode: 460901
subject: Business process management

description: The finance sector's digital metamorphosis, catalyzed by the rise of Financial Technology (FinTech), has profoundly reshaped the financial services landscape. This manuscript embarks on a thorough exploration of contemporary research surrounding digital transformation in finance, with a keen eye on FinTech's trajectory. Commencing with an intricate dissection of the conceptual framework and evolutionary journey of FinTech, the manuscript plunges into the labyrinthine expanse of existing literature, spotlighting pivotal themes, dynamic trends, and empirical revelations. Furthermore, it navigates through the labyrinth of challenges and opportunities inherent in FinTech research, including the labyrinthine realms of regulatory compliance, the intricate tapestry of security concerns, and the ever-evolving vistas of technological advancements. By meticulously pinpointing research lacunae, the manuscript sets forth a constellation of future research trajectories aimed at deepening our comprehension of digital metamorphosis in finance. These trajectories encompass traversing interdisciplinary bridges, navigating through the enigmatic corridors of emerging trends such as blockchain and artificial intelligence, and grappling with the ethical and societal implications that loom large. Ultimately, this manuscript adds a kaleidoscopic dimension to the ongoing discourse on FinTech, offering a multifaceted prism of insights into current research trends while charting a course for future research odysseys.