Fintech Investment and Innovation in African Financial Services: Trends and Drivers
The article was submitted on 29 July 2026, accepted on 15 November 2026, and published on 25 December 2026.
Banking Reports & Market Data (2026)
Key number
13.3% %
SME owners unwilling to provide required bank documentation. OpenAlex (recherche mondiale) p.5
142 documents
Examining SME Owners' Willingness to Submit Personal and Business Documents as a Proxy for Trust and Creditworthiness: The Psychological Collateral Paradigm
SMEs represent about 90% of businesses and more than 50% of employment worldwide.
Data-Driven Modeling of Internet Banking Adoption: Perceived Barriers and Consumer Innovativeness
A quantitative study surveyed 200 digital channel users using structural equation modeling (PLS-SEM) to analyze barriers to internet banking adoption.
Digital Laggard, FinTech Frontrunner? Neobanks and the Paradox of Digital Adoption in Bulgaria
In 2025, 86.5 per cent of Bulgarians aged 16 to 74 used the internet regularly, while internet banking usage remained significantly lower at 31.1 per cent.
FinTech Mergers and Acquisitions in India: Rethinking Competition and Regulatory Oversight in the Age of AI
Amazon executed a $200M acquisition of BNPL lender Axio in early 2025 to expand into Indian digital lending.
A Study on the Role of India Post Payments Bank in Promoting Financial Inclusion in Rural India
During FY 2024–25, IPPB operated more than 1.64 lakh banking access points and 649 banking outlets across the country.
Unified Payment Interface: Towards Greater Cyber Sovereignty
In June 2020, UPI recorded more than 1.34 billion transactions amounting to almost US$35 billion.
From Digital Transactions to Formal Credit: A Review of FinTech-Enabled MSME Financing in India
The study gathers primary data using a structured questionnaire administered to a sample size of 100 respondents from MSMEs.
Exploring Generation Z’s Continuance Intention Toward Digital Banking in Malaysia: An Integrated Behavioral Reasoning and Expectation Confirmation Perspective
The study analyzed data from an online survey of 355 university students aged 15–25 with prior digital banking experience in Malaysia.
Large pension funds do not invest more effectively than smaller pension funds
At year-end 2023, OECD countries held $63.1 trillion of assets earmarked for retirement, almost equal to their annual GDP.
AI Washing as the New Corporate Misrepresentation
A textual analysis of more than 5,000 U.S. SEC filings from 2020 to 2025 indicates that AI washing may satisfy Rule 10b-5 materiality and scienter requirements when corporate representations diverge from operational reality.
Artificial Intelligence in Fintech and the Black Box Dilemma: Regulatory Perspectives in Azerbaijani Law
Artificial intelligence adoption in fintech enhances operational speed in credit scoring, insurance risk assessment, and fraud detection, but creates algorithmic opacity known as the black box dilemma.
Under the Shadow of the Grey List: The Adequacy and Effectiveness of South African Beneficial Ownership Transparency
South Africa was removed from the Financial Action Task Force list of jurisdictions under increased monitoring on 24 October 2025 following statutory reforms.
Beyond Adoption: Trust and Promotion in Explaining Sustained QRIS Usage Among Micro-Enterprises
Data were collected from 200 micro culinary enterprises in Indonesia that actively use QRIS in daily transactions.
Artificial Intelligence in the Financial Sector of the Global Economy: Implementation Directions and Financial Stability Risks
According to international surveys by the Bank for International Settlements, about 70% of financial sector companies use AI for cash flow forecasting and risk assessment.
Financial Technology and Financial Inclusion: Evidence from East African Community Member Countries
The study investigates the impact of financial technology on financial inclusion across 8 East African Community countries over the period 2014–2023 using a panel of 80 country-year observations.
Current Strategies for Financing Enterprise Development: An Innovative and Harmonious Approach
Asset tokenization serves as a digital financing mechanism converting real asset rights into blockchain-based tokens (page 2).
Strategic Analysis of Global Trade Settlement, Sanctions Enforcement, Alternative Sovereign Rails, and On-Chain Liquidity Infrastructure
Cross-Border Interbank Payment System (CIPS) daily usage was reported at about $60 billion compared to about $1,800 billion a day for CHIPS, with about 80 percent of CIPS payments still using Swift messaging.
Fintech Adoption and Firm Performance: Mechanisms, Contingencies, and the Limits of Current Evidence
SWIFT diffusion among nearly 7,000 banks demonstrated that profitability benefits materialized only after several years of adoption.
FinTech-Driven Transformation of Financial Management: Evaluating Digital Innovation, Risk Management, and Strategic Decision-Making
The World Bank Firm Adoption of Technology Survey analytical dataset for India comprises 1,519 establishments and 987 variables.
Improving the Transformation Process of Commercial Banks' Operations
Between 1 January 2021 and 1 January 2026, total banking assets in Uzbekistan grew from UZS 366.1 trillion to UZS 925.0 trillion, achieving a compound annual growth rate of 20.4 percent.
Money Laundering - The Economic Impact and Its Implications
The Bangladesh Financial Intelligence Unit received 17,345 STR/SAR reports in FY2023–24, consisting of 11,736 STRs and 5,609 SARs.
Design and Development of a Web-Based Digital Credit Service and QRIS Transaction System
The PayQRIS system achieved a System Usability Scale (SUS) score of 83.25, indicating high usability.
Emerging Technologies, Organizational Change, and Financial Innovation: A Multi-Country Study from the Arab Region
Primary data was gathered from 2,168 investors, fintech users, and financial professionals across seven Arab countries to evaluate regional digital transformation.
Risk Return Dynamics and Portfolio Performance of Islamic Microfinance Institutions: Evidence from Post-Digital Transformation Era
The research article published in Vol. 2 No. 4 (2026) develops a theoretical risk-return framework to evaluate Islamic microfinance institutions in the post-digital transformation era.
Ways to Implement Innovative Technologies in the Development of Digital Banking Services
As of January 1, 2025, the total number of users of remote banking service systems in Uzbekistan reached 52,917,166, comprising 51,455,447 individuals and 1,461,719 legal entities and individual entrepreneurs.
Beyond Account Ownership: Financial Inclusion, Digital Banking Use and Inclusive Development in Jalgaon District, Maharashtra
The source material reports a dataset of 540 observations across Jalgaon district.
Regulatory Reforms in Nigeria's Bureau De Change Sector and Exchange Rate Stability: Assessing the Role of the Central Bank of Nigeria
In March 2024, the Central Bank of Nigeria launched a major regulatory overhaul in the Bureau De Change sector, revoking the licenses of over 4000 BDC operators to curb financial malfeasance.
Knowledge gaps, behaviour parity: gender differences in financial literacy in Europe
The report analyzes gender gaps in financial knowledge and behaviour across 20 EU Member States using 2022 OECD/INFE survey data.
A Systematic Literature Review on Impacts of Financial Inclusion and Digital Banking on Economic Growth: The Mediating Role of Financial Institutions
An initial literature search across scholarly databases yielded 150 articles at the first stage.