198 146
Full Length Article
Financial Technology and Innovation
Volume 3 , Issue 1, PP: 38-44 , 2023 | Cite this article as | XML | Html |PDF

Title

Towards Financial Sustainability: Integrating Business Intelligence in Fintech Operations

  Rhada Boujlil 1 * ,   Saad Alsunbul 2

1  College Of Business, Prince Sultan University, Saudi Arabia
    (rboujlil@psu.edu.sa)

2  College Of Business, Prince Sultan University, Saudi Arabia
    (salsunbul@psu.edu.sa)


Doi   :   https://doi.org/10.54216/FinTech-I.030104

Received: May 18, 2023 Accepted: December 19, 2023

Abstract :

This study explores the integration of Business Intelligence (BI) techniques to foster sustainability within the Financial Technology (Fintech) sector. The background elucidates the transformative evolution of the Fintech industry and the increasing imperative to align its practices with sustainable principles. The problem statement addresses the gap in understanding the intricate relationship between BI strategies and sustainability within Fintech enterprises. Employing a mixed-methods approach, including literature review synthesis and the application of the Autoregressive Integrated Moving Average (ARIMA) model, our methodology seeks to provide a systematic and replicable framework for empirical investigation. The results encompass additive and multiplicative summaries, detrended and deseasonalized analyses, and partial and autocorrelation plots, shedding light on critical temporal dynamics and patterns within the Fintech domain.

Keywords :

Sustainability; Fintech; Business Intelligence; Finance; Technology; Decision-making; Data Analysis

References :

[1]    Dorfleitner, Gregor, Lars Hornuf, Gregor Dorfleitner, and Lars Hornuf. 2019. “FinTech Business Models.” FinTech and Data Privacy in Germany: An Empirical Analysis with Policy Recommendations, 85–106.

[2]    Arner, Douglas W, Ross P Buckley, Dirk A Zetzsche, and Robin Veidt. 2020. “Sustainability, FinTech and Financial Inclusion.” European Business Organization Law Review 21: 7–35.

[3]    Putra, R, S Mulyani, S Poulus, and C Sukmadilaga. 2022. “Data Quality Analytics, Business Ethics, and Cyber Risk Management on Operational Performance and Fintech Sustainability.” International Journal of Data and Network Science 6 (4): 1659–68.

[4]    Taneja, Shilpa, Ahsan Siraj, Liaqat Ali, Anil Kumar, Sunil Luthra, and Yongming Zhu. 2023. “Is Fintech Implementation a Strategic Step for Sustainability in Today’s Changing Landscape? An Empirical Investigation.” IEEE Transactions on Engineering Management.

[5]    L\uaz\uaroiu, George, M\uad\ualina Bogdan, Marinela Geam\uanu, L\uacr\uamioara Hurloiu, Luminița Luminița, and Roxana Ștef\uanescu. 2023. “Artificial Intelligence Algorithms and Cloud Computing Technologies in Blockchain-Based Fintech Management.” Oeconomia Copernicana 14 (3): 707–30.

[6]    Muthuswamy, M. and M. Ali, A. (2023) “Sustainable Supply Chain Management in the Age of Machine Intelligence: Addressing Challenges, Capitalizing on Opportunities, and Shaping the Future Landscape”, Sustainable Machine Intelligence Journal, 3. doi: 10.61185/SMIJ.2023.33103.

[7]    Hoang, Thinh Gia, Giang Ngo Tinh Nguyen, and Dat Anh Le. 2022. “Developments in Financial Technologies for Achieving the Sustainable Development Goals (SDGs): FinTech and SDGs.” In Disruptive Technologies and Eco-Innovation for Sustainable Development, 1–19. IGI Global.

[8]    Cong, Lin William, Beibei Li, and Qingquan Tony Zhang. 2021. “Alternative Data in Fintech and Business Intelligence.” The Palgrave Handbook of FinTech and Blockchain, 217–42.

[9]    Pizzi, Simone, Leonardo Corbo, and Andrea Caputo. 2021. “Fintech and SMEs Sustainable Business Models: Reflections and Considerations for a Circular Economy.” Journal of Cleaner Production 281: 125217.

[10] Nguyen, Van Phuoc. 2022. “Evaluating the FinTech Success Factors Model to Achieve a Sustainable Financial Technology Business: An Empirical Study in Vietnam.” Cogent Engineering 9 (1): 2109317.

[11] Nasir, Adeel, Kamran Shaukat, Kanwal Iqbal Khan, Ibrahim A. Hameed, Talha Mahboob Alam, and Suhuai Luo. 2021. “Trends and Directions of Financial Technology (Fintech) in Society and Environment: A Bibliometric Study.” Applied Sciences 11 (21): 10353.

[12] Chueca Vergara, Cristina, and Luis Ferruz Agudo. 2021. “Fintech and Sustainability: Do They Affect Each Other?” Sustainability 13 (13): 7012.

[13] Soni, Gunjan, Satish Kumar, Raj V Mahto, Sachin K Mangla, M L Mittal, and Weng Marc Lim. 2022. “A Decision-Making Framework for Industry 4.0 Technology Implementation: The Case of FinTech and Sustainable Supply Chain Finance for SMEs.” Technological Forecasting and Social Change 180: 121686.

[14] Guo, Haochen, and Petr Polak. 2021. “Artificial Intelligence and Financial Technology FinTech: How AI Is Being Used under the Pandemic in 2020.” The Fourth Industrial Revolution: Implementation of Artificial Intelligence for Growing Business Success, 169–86.

[15] Awotunde, Joseph Bamidele, Emmanuel Abidemi Adeniyi, Roseline Oluwaseun Ogundokun, and Femi Emmanuel Ayo. 2021. “Application of Big Data with Fintech in Financial Services.” In Fintech with Artificial Intelligence, Big Data, and Blockchain, 107–32. Springer.

[16] Pustokhina, Irina V, Denis A Pustokhin, Sachi Nandan Mohanty, Paulo Alonso Gaona Garc\’\ia, and Vicente Garc\’\ia-D\’\iaz. 2021. “Artificial Intelligence Assisted Internet of Things Based Financial Crisis Prediction in FinTech Environment.” Annals of Operations Research, 1–21.

[17] Sahid, Abdelkebir, Yassine Maleh, Shahram Atashi Asemanjerdi, and Pedro Antonio Mart\’\in-Cervantes. 2023. “A Bibliometric Analysis of the FinTech Agility Literature: Evolution and Review.” International Journal of Financial Studies 11 (4): 123.

[18] Nguyen, Van Phuoc, and others. 2022. “The Critical Success Factors for Sustainability Financial Technology in Vietnam: A Partial Least Squares Approach.” Human Behavior and Emerging Technologies 2022.

Mohamed, M. (2023) “Agricultural Sustainability in the Age of Deep Learning: Current Trends, Challenges, and Future Trajectories”, Sustainable Machine Intelligence Journal, 4, p. (2):1−20


Cite this Article as :
Style #
MLA Rhada Boujlil, Saad Alsunbul. "Towards Financial Sustainability: Integrating Business Intelligence in Fintech Operations." Financial Technology and Innovation, Vol. 3, No. 1, 2023 ,PP. 38-44 (Doi   :  https://doi.org/10.54216/FinTech-I.030104)
APA Rhada Boujlil, Saad Alsunbul. (2023). Towards Financial Sustainability: Integrating Business Intelligence in Fintech Operations. Journal of Financial Technology and Innovation, 3 ( 1 ), 38-44 (Doi   :  https://doi.org/10.54216/FinTech-I.030104)
Chicago Rhada Boujlil, Saad Alsunbul. "Towards Financial Sustainability: Integrating Business Intelligence in Fintech Operations." Journal of Financial Technology and Innovation, 3 no. 1 (2023): 38-44 (Doi   :  https://doi.org/10.54216/FinTech-I.030104)
Harvard Rhada Boujlil, Saad Alsunbul. (2023). Towards Financial Sustainability: Integrating Business Intelligence in Fintech Operations. Journal of Financial Technology and Innovation, 3 ( 1 ), 38-44 (Doi   :  https://doi.org/10.54216/FinTech-I.030104)
Vancouver Rhada Boujlil, Saad Alsunbul. Towards Financial Sustainability: Integrating Business Intelligence in Fintech Operations. Journal of Financial Technology and Innovation, (2023); 3 ( 1 ): 38-44 (Doi   :  https://doi.org/10.54216/FinTech-I.030104)
IEEE Rhada Boujlil, Saad Alsunbul, Towards Financial Sustainability: Integrating Business Intelligence in Fintech Operations, Journal of Financial Technology and Innovation, Vol. 3 , No. 1 , (2023) : 38-44 (Doi   :  https://doi.org/10.54216/FinTech-I.030104)