Unraveling the Fintech Landscape: A Systematic Mapping Study on the Impact of Financial Technology Innovation on Investment Decision-Making in ASEAN Banking


Mohammad Benny Alexandri(1*), Irton Usman(2), Umi Narimawati(3), Agus Taryana(4)

(1) Padjajaran University, Indonesia
(2) Universitas Amikom Yogyakarta, Indonesia
(3) Universitas Komputer Bandung, Indonesia
(4) Padjajaran University, Indonesia
(*) Corresponding Author

Abstract


This systematic mapping study identifies and analyses fintech innovations that influence investment decision-making in ASEAN banking. Through a rigorous literature search and screening process, 128 relevant studies were analyzed, identifying four key fintech innovations that impact investment decision-making in ASEAN banking: advisory platforms, blockchain technology, peer-to-peer lending, and mobile banking. The analysis of these innovations reveals their potential to improve investment decision-making in terms of cost efficiency, speed, accessibility, and transparency. However, the study also identified several challenges associated with these innovations, including cybersecurity risks, regulatory issues, and a lack of customer trust. This study provides valuable insights into the current state of fintech innovation in ASEAN banking and its impact on investment decision-making. The findings can help policymakers, regulators, and financial institutions make informed decisions about developing and adopting fintech innovations in the region.

Keywords


Financial Technology Innovation; Investment Decision; Systematic Mapping Study

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DOI: https://doi.org/10.15575/ks.v5i1.24555

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