Revolutionizing Financial Services with Big Data and Fintech: A Scalable Approach to Innovation

Authors

  • Untung Rahardja University of Raharja
  • Mohammad Miftah University of Raharja
  • Mohamad Rakhmansyah University of Raharja
  • Jihan Zanubiya University of Raharja

DOI:

https://doi.org/10.34306/ajri.v6i2.1180

Keywords:

Big Data, Fintech, Financial Service, Scalability, Blockchain

Downloads

Download data is not yet available.

References

P. A. Petare, M. Bdair, M. N. Singh, K. Ateeq, and R. Akila, “Big data analytics in fintech: Revolutionizing risk management and decision-making,” ACTA SCIENTIAE, vol. 7, no. 1, pp. 605–617, 2024.

R. Malhotra and D. Malhotra, “The impact of technology, big data, and analytics: The evolving data driven model of innovation in the finance industry.” Journal of Financial Data Science, vol. 5, no. 3, 2023.

H. Y. N. Heri, “The effect of fragmentation as a moderation on the relationship between supply chain management and project performance,” ADI Journal on Recent Innovation, vol. 6, no. 1, pp. 54–64, 2024.

O. Bodemer, “Revolutionizing finance: The impact of ai and cloud computing in the banking sector,”Authorea Preprints, 2024.

A. Zururi, F. P. Oganda, S. V. Sihotang, U. Rahardja, and P. A. Sunarya, “Opportunities and challenges of distributed ledger technology in cross-border financial transactions,” in 2024 12th International Conference on Cyber and IT Service Management (CITSM). IEEE, 2024, pp. 1–6.

E. Sulistyaningsih, W. Murti, and C. Ratnasih, “Analysis of e-marketing strategy and business innovation in optimizing improvement of service quality and its effect on msme income,” ADI Journal on Recent Innovation, vol. 5, no. 2, pp. 155–167, 2024.

D. Mhlanga, “The role of big data in financial technology toward financial inclusion,” Frontiers in big Data, vol. 7, p. 1184444, 2024.

V. Komandla and S. PERUMALLA, “Transforming traditional banking: Strategies, challenges, and the impact of fintech innovations,” Educational Research (IJMCER), vol. 1, no. 6, pp. 01–09, 2017.

A. S. George, “Finance 4.0: The transformation of financial services in the digital age,” 2024.

H. W. S. Koffi, “The fintech revolution: an opportunity for the west african financial sector,” Open Journal of Applied Sciences, vol. 6, no. 11, pp. 771–782, 2016.

G. S. Putra, I. I. Maulana, A. D. Chayo, M. I. Haekal, R. Syaharani et al., “Pengukuran efektivitas platform e-learning dalam pembelajaran teknik informatika di era digital: Measuring the effectiveness of e-learning platforms in learning information technology in the digital era,” Jurnal MENTARI: Manajemen, Pendidikan dan Teknologi Informasi, vol. 3, no. 1, pp. 19–29, 2024.

Y. Zhao, “The fintech revolution: Innovations reshaping the financial industry,” Highlights in Business, Economics and Management, vol. 15, pp. 123–128, 2023.

S. A. Hasan, W. N. Al-Zahra, A. S. Auralia, D. A. Maharani, R. Hidayatullah et al., “Implementasi teknologi blockchain dalam pengamanan sistem keuangan pada perguruan tinggi: Implementation of blockchain technology in securing financial systems in higher education,” Jurnal MENTARI: Manajemen, Pendidikan dan Teknologi Informasi, vol. 3, no. 1, pp. 11–18, 2024.

R. Vadisetty, “Efficient large-scale data based on cloud framework using critical influences on financial landscape,” in 2024 International Conference on Intelligent Computing and Emerging Communication Technologies (ICEC). IEEE, 2024, pp. 1–6.

I. Geraldina and S. V. Sihotang, “Mengintegrasikan teknologi blockchain dalam pendidikan tinggi: Meningkatkan transparansi dan keamanan dalam kredensial akademik,” ADI Pengabdian Kepada Masyarakat, vol. 5, no. 1, pp. 72–79, 2024.

A. Tanwar, S. Malhan, N. Punj, and A. Kaur, “Integration of artificial intelligence and internet of things in the banking sector: A convergence of frontiers,” in Integration of Cloud Computing and IoT. Chapman and Hall/CRC, 2025, pp. 445–460.

O. P. Olaiya, T. O. Adesoga, A. Ojo, O. D. Olagunju, O. O. Ajayi, and Y. O. Adebayo, “Cybersecurity strategies in fintech: safeguarding financial data and assets,” GSC Advanced Research and Reviews, vol. 20, no. 1, pp. 50–56, 2024.

A. O. Ikudabo and P. Kumar, “Ai-driven risk assessment and management in banking: balancing innovation and security,” International Journal of Research Publication and Reviews, vol. 5, no. 10, pp. 3573–88, 2024.

Y. C. Darnida, A. Haryono, and A. Nurriqli, “The role of financial technology in increasing financial access,” Journal of Management, vol. 3, no. 2, pp. 474–493, 2024.

Y. J. Ololade, “Sme financing through fintech: an analytical study of trends in nigeria and the usa,”International Journal of Management & Entrepreneurship Research, vol. 6, no. 4, pp. 1078–1102, 2024.

A. Firasati, F. Azzahra, S. R. P. Junaedi, A. Evans, M. Madani, and F. P. Oganda, “The role information technology in increasing the effectiveness accounting information systems and employee performance,”International Journal of Cyber and IT Service Management, vol. 4, no. 2, pp. 114–121, 2024.

E. Balboa, M. Ladesma, and A. N. Manguerra, “Digital financing innovations and their impact on the financial performance of smes in the digital economy era,” JMM17: Jurnal Ilmu ekonomi dan manajemen, vol. 11, no. 1, pp. 88–98, 2024.

L. Theodorakopoulos, A. Theodoropoulou, and C. Halkiopoulos, “Enhancing decentralized decision making with big data and blockchain technology: A comprehensive review,” Applied Sciences, vol. 14, no. 16, p. 7007, 2024.

M. I. Ononiwu, O. C. Onwuzulike, K. Shitu, and O. O. Ojo, “The impact of digital transformation on banking operations in developing economies,” World Journal of Advanced Research and Reviews, vol. 23, no. 3, pp. 285–308, 2024.

C. A. Udeh, O. H. Orieno, O. D. Daraojimba, N. L. Ndubuisi, and O. I. Oriekhoe, “Big data analytics: a review of its transformative role in modern business intelligence,” Computer Science & IT Research Journal, vol. 5, no. 1, pp. 219–236, 2024.

P. O. Shoetan and B. T. Familoni, “Blockchain’s impact on financial security and efficiency beyond cryptocurrency uses,” International Journal of Management & Entrepreneurship Research, vol. 6, no. 4, pp.1211–1235, 2024.

S. Wang, M. Asif, M. F. Shahzad, and M. Ashfaq, “Data privacy and cybersecurity challenges in the digital transformation of the banking sector,” Computers & security, vol. 147, p. 104051, 2024.

S. Ratna, S. Saide, A. M. Putri, R. E. Indrajit, and D. Muwardi, “Digital transformation in tourism and hospitality industry: a literature review of blockchain, financial technology, and knowledge management,”EuroMed Journal of Business, vol. 19, no. 1, pp. 84–112, 2024.

L. Theodorakopoulos, A. Theodoropoulou, and Y. Stamatiou, “A state-of-the-art review in big data management engineering: Real-life case studies, challenges, and future research directions,” Eng, vol. 5, no. 3, pp. 1266–1297, 2024.

O. Olawale, F. A. Ajayi, C. A. Udeh, and O. A. Odejide, “Regtech innovations streamlining compliance, reducing costs in the financial sector,” GSC Advanced Research and Reviews, vol. 19, no. 1, pp. 114–131, 2024.

Downloads

Published

2025-02-12

Issue

Section

Articles

How to Cite

Revolutionizing Financial Services with Big Data and Fintech: A Scalable Approach to Innovation. (2025). ADI Journal on Recent Innovation (AJRI), 6(2), 118-129. https://doi.org/10.34306/ajri.v6i2.1180