What determines FinTech success?-A taxonomy-based analysis of FinTech success factors.

ABSTRACT: Value creation in the financial services sector has been fundamentally transformed by digitally born financial technology (FinTech) companies. FinTech companies synthesize information systems with financial services. Given its disruptive power, the FinTech phenomenon has received great attention in academic research, practice, and media. Still, limited systematic research provides a structure and holistic view of FinTechs' success. Aiming to enhance understanding of the factors enabling FinTech success, we classify success factors across extant scientific literature on distinct FinTech business model archetypes. Our analysis reveals that the "cost-benefit dynamic of the innovation," "technology adoption," "security, privacy, and transparency," "user trust," "user-perceived quality," and "i

SUBMITTER: Werth O 

PROVIDER: S-EPMC10197061 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature