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Trends in Current Interfaces between Fintech, Sustainable Development and Methods: A Scientific Review

Author

Listed:
  • Gintare Pauliukeviciene

    (Vilnius Gediminas Technical University, Vilnius, Lithuania)

  • Jelena Stankeviciene

    (Vilnius University, Vilnius, Lithuania)

Abstract

This study aims to conduct a scientific review of the interfaces among fintech, sustainable development, and methods. It will also evaluate the trends of this interface in recent years to discover the most suitable methods for further research on the sustainable development of the fintech industry. A descriptive and evaluative analysis of the recent scientific literature in the Scopus and Web of Science (WoS) databases is carried out for this purpose via the keywords "FinTech," "Sustainable development," and "Method." The results of the scientific review indicate several main findings: (1) the first traces of the selected keywords interface began to appear in 2017-2018, which gained momentum in 2019-2021, and a growth spurt is visible in 2021-2024; (2) the top 20 countries with the most articles for the selected keywords interface in Scopus and WoS cover 5 continents out of 7, which demonstrates the relevance of the selected keywords interface in today's context on a global scale; (2) Asian countries are the most interested in research on the interface of selected keywords with China at the forefront; (3) EU countries are currently not very interested in research on the interface of selected keywords; (4) Ukraine pays special attention to the research of selected keywords, as it is second only to China in terms of productivity, and second only to the UK in scientific journals; and (5) an evaluative analysis of Scopus data has shown that the method of moments quantile regression (MMQR) is the most suitable for research on the interface between fintech and sustainable development. The results of this study refine the most appropriate methods for studying the sustainable development of the fintech industry, which, to date, has not been refined and clearly named. The results of the study can be used by parties interested in this topic as a guideline or basis for further research.

Suggested Citation

  • Gintare Pauliukeviciene & Jelena Stankeviciene, 2024. "Trends in Current Interfaces between Fintech, Sustainable Development and Methods: A Scientific Review," Virtual Economics, The London Academy of Science and Business, vol. 7(3), pages 42-58, September.
    • Handle: RePEc:aid:journl:v:7:y:2024:i:3:p:42-58
    DOI: 10.34021/ve.2024.07.03(3)
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