China's global development finance is undergoing a major transformation. As domestic reforms and borrower debt risks rise, Chinese financial institutions are shifting how they finance projects abroad-especially in Africa, where they've long played a major role. This report explores how China is...

This study compares the sustainability of financial innovation, development, and economic growth in India and China, considering macro-economic factors like globalization, inflation, and monetary policies. It addresses the impact of financial development on sustainable economic growth by...

Emerging financial products driven by innovation, such as virtual assets and simplified payment services, introduce both new conveniences and in-transaction risks to customer funds. Despite regulations on segregating customer funds already in place, full compliance by businesses with these rules...

Customers who have financial products (e.g., bank accounts, loans, credit cards and mortgages) are unlikely to change to another provider or change the terms of the product within the same provider (i.e., to "switch"). Significant monetary gains can be made by switching, but switching rates tend...

This systematic mapping study provides a comprehensive review of current Fintech publications, analyzing the current state, maturity level, and future directions of Fintech research. Reviewing 518 Fintech articles across four academic databases from 2008 to 2021, we find a significant increase...

The purpose of this study is to determine the essential indicators to improve insurtech systems and select the most critical alternative to increase insurtech-based investments in European countries. A novel fuzzy decision-making model is generated by integrating entropy and additive ratio...

Purpose - This paper aims to assess the impact of digital financial innovation on financial system development in Common Market for eastern and Southern Africa (COMESA). This paper evaluates the dynamic relationship between digital financial innovation measures and financial system development...

In the blockchain world, proof-of-work is the dominant protocol mechanism that determines the consensus of the ledger. The hashrate, a measure of the computational power directed toward securing a blockchain through proof-of-work consensus, is a fundamental measure of preventing various attacks....

Background: The modern credit card system is critical, but it has not been fully examined to meet the unique financial needs of a constantly changing number of manufacturers and importers. Methods: An intelligent credit card system integrates the features of artificial intelligence and...

This paper aims to explore the effect of financial innovation on economic growth in 28 transition countries from 2004 to 2021. Financial innovation is categorized based on the structure of the financial system, including commercial banks, non-commercial banks and financial markets. By applying...

This empirical study investigates the effect of financial innovation and infrastructure on inbound tourism in Central Asia, along with trade openness as a control variable. This study developed an infrastructure index for Central Asia comprised of different parameters of infrastructure. The data...

Sharia accounting has undergone significant development along with the advancement of technological innovation and dynamics in the Islamic business world. The purpose of this study is to investigate and review the literature on sharia accounting and financial innovation to identify relevant...

The current study evaluates the fnancial innovation life cycle for renewable energy investments. A novel model is proposed that has two stages. First, the fnancial innovation life cycle is weighted by the two-generation technology S-curve (TTSC) for renewable energy investments. Second, the TTSC...

Fintech has revolutionized the financial sector, providing a new way of providing banking services. Since Fintech can provide the same services as traditional banks but entirely online, it is a competitor. As a result, consumers' relationships with banking have inevitably changed, and it is...

Purpose - This paper offers an overview of the burgeoning literature on open banking, focusing on its implications for the financial sector. Design/methodology/approach - The paper reviews the recent developments in the nascent literature of open banking. In particular, it discusses the...

Monetary policy implementation in a federal country requires both vertical (national and subnational governments) and horizontal (between subnational jurisdictions) institutional coordination. The optimal centralized monetary policy is blind and potentially nonheterogeneous at the subnational...

Thanks to funding support from the PROBLUE and Indonesia Oceans, Marine Debris and Coastal Resources Multi-Donor Trust Funds, the World Bank, the Government of Indonesia, the Global Environment Facility, the International Union for Conservation of Nature, and BNP Paribas are joining forces to...

With the emergence of technological innovations, digital finance with a blend of new models and the development of inclusive financial innovation shows great significance for business firms to emphasize innovative and competitive product market competition. Thus, financial digitalization and...

The risk profles of investors play an important role in the success of derivative products investments. It is also necessary to determine the appropriate investor profle according to the conditions of a country. This protects investors from major losses. Therefore, there is a strong need for a...

This study investigates the financial behavior of Thai investors in equity crowdfunding (ECF), focusing on the factors that influence their investment intentions. Drawing upon the Information System Success Model (ISSM), the Theory of Diffusion of Innovations, and the Technology Acceptance Model...

In this paper, we conducted an empirical study to assess the nature of the relationship between financialization and the level of innovation activity in Russian publicly listed companies. We relied on previous research in this area and on the models proposed by the researchers. In the empirical...

Recent innovations in financial technology (Fintech) have changed the landscape of financial services. Fintech is not limited to digital payment systems but also includes blockchain technology and cryptocurrency. Investors are increasingly looking for exposure to financial innovations. However,...

The subject of this paper is to analyze the utilization of cryptocurrencies in international business. The objectives of the research are to provide the scientific and professional public, researchers and practitioners with an overview of current research on blockchain technology in the economy...

This paper features an economy with incomplete markets, collateralised lending and investors that hold heterogeneous beliefs about the states of the world. Financial innovation motivated by macroprudential policies, takes the form of collateral hedging, which enables collateral protection...

Green hydrogen is a promising new technology with the potential to decarbonize a wide range of sectors. However, the high cost of production and lack of established infrastructure are major challenges that need to be addressed. This paper identifies financial challenges and opportunities for...