Unveiling the landscape of Fintech in Asean
Assessing development, regulations, and economic implications by decision-making approach
Bibliographic Data
| ID | 22231972 |
|---|---|
| Authors | Chia‐nan Wang (0000-0002-2374-3830, National Kaohsiung University of Science and Technology), Nhat-Luong Nhieu (0000-0002-9732-601X, National Kaohsiung University of Science and Technology, corresponding author), Wei-Lin Liu, Liu Wei-lin (0000-0002-7472-2175, National Kaohsiung University of Science and Technology) |
| Year | 2024 |
| Volume | 11 |
| Issue | 1 |
| Publication date | 2024-01-12 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Humanities and Social Sciences Communications (JOURNAL) |
| Journal identifiers | ISSN: 2662-9992 • E-ISSN: 2662-9992 |
| Publisher | Springer Science and Business Media LLC (PUBLISHER) |
| DOI | 10.1057/s41599-023-02581-2 |
| OpenAlex | W4390828359 |
| Language | EN |
| Citations received | 1 |
| References cited | 34 |
Fintech has gained immense importance as a catalyst for economic growth, trade enhancement, and global prosperity. This study aims to comprehensively assess the influence and potential of Fintech in the Association of Southeast Asian Nations (ASEAN) countries. The research objective is to evaluate the levels of development in financial activities, technology infrastructure, and Fintech-enabling regulations across the region. A robust decision-making framework combining numerical and linguistic assessments is applied, utilizing the Distance-based CRiteria Importance Through Inter-criteria Correlation (DCRITIC) method and the Fuzzy extension of Evaluation based on Distance from Average Solution (F-EDAS approach). The findings reveal varying levels of development among ASEAN countries about Fintech. Governments and policymakers are urged to prioritize the creation of a supportive environment for Fintech innovation to spur economic growth, attract investments, and foster digital transformation. The study is limited because the weights of the key regulations have not been investigated
Business · Economic growth · Economics · Fuzzy logic · Geography · Prosperity · Regional science · Computer Science · Digital Marketing and Social Media · FinTech, Crowdfunding, Digital Finance · Technology Adoption and User Behaviour · Artificial Intelligence
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| Unique citing works | 1 |
|---|---|
| Citations per year | 0,5 |
| Citation span | 2024 - 2024 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 1 |