What have we learnt from 10 years of fintech research? a scientometric analysis

Abstract

With the development of financial market and various demands of customers, the traditional financial industry begins to change the business process, risk controlling and business models. FinTech appears and develops rapidly in various business models to solve problems in the financial markets. This paper analyzes 629 FinTech business model papers in the Web of Science database. First, we analyze the overall growth trend, research area, research institutions and core authors in the Fintech business model based on the statistical analysis. Second, this paper builds the citation network of Fintech business model and analyzes citation clusters, the key nodes and pivot nodes and the dynamic evolution of co-cited keywords. Finally, we summarize the latest hot topics in the FinTech, which are mobile payment, microfinance, peer-to-peer lending platform and crowdfunding. In the future, the trend of the research is Blockchain and crowdfunding and they will have a subversive influence on the Fintech business model. The research ideas and conclusions in this paper are enlightening to the academic research the commercial practical application of Fintech.