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Gömülü finans ekosistemi: Sistematik bir inceleme ve bibliyometrik analiz

Year 2025, Volume: 15 Issue: 2, 734 - 756, 27.06.2025

Muhammed Mustafa Tuncer Çalışkan

https://doi.org/10.30783/nevsosbilen.1622502

Abstract

Bu makale, gömülü finans (Embedded Finance) literatürünü bibliyometrik bir metodolojiyle analiz ederek literatürdeki eğilimleri, bilgi boşluklarını ve coğrafi iş birliği ağlarını değerlendirmeyi amaçlamaktadır. Çalışmada, Web of Science (WoS) veri tabanında "Embedded Finance" anahtar kelimesiyle taranan ve “Business Finance” kategorisinde yayımlanan 781 makalenin yıllara göre dağılımı, atıf yoğunlukları, yazar iş birlikleri ve tematik odaklanmaları, R Programı aracılığıyla kapsamlı bir şekilde incelenmiştir. Araştırma bulguları, gömülü finans literatürünün dijital dönüşüm ve finansal teknolojilerin etkisiyle son yıllarda hızla büyüdüğünü ortaya koymaktadır. Çalışmaların tematik odaklarının, risk yönetimi ve opsiyon fiyatlandırması gibi geleneksel finans konularından sürdürülebilirlik, yapay zeka ve para politikaları gibi modern alanlara doğru kaydığı belirlenmiştir. Coğrafi analizler, ABD, Çin ve Birleşik Krallık’ın bu literatürdeki merkezi rolünü ve uluslararası iş birliklerinin literatüre yaptığı önemli katkıları vurgulamaktadır. Ayrıca, sürdürülebilirlik, finansal teknolojiler ve düzenleyici politikalar gibi alanlarda bilgi boşluklarının sürdüğü ve bu alanların gelecekteki araştırmalar için dikkate değer fırsatlar sunduğu tespit edilmiştir.

Keywords

Gömülü Finans Bibliyometrik Analiz Dijital Dönüşüm Sürdürülebilirlik

References

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The embedded finance ecosystem: A systematic review and bibliometric analysis

Year 2025, Volume: 15 Issue: 2, 734 - 756, 27.06.2025

Muhammed Mustafa Tuncer Çalışkan

https://doi.org/10.30783/nevsosbilen.1622502

Abstract

This article aims to analyze the embedded finance literature using a bibliometric methodology, evaluating trends, knowledge gaps, and geographical collaboration networks. The study examines 781 articles published in the “Business Finance” category of the Web of Science (WoS) database, retrieved using the keyword "Embedded Finance." The distribution of these articles by year, citation intensities, author collaborations, and thematic focuses were comprehensively analyzed using the R programming language. The research findings reveal that the embedded finance literature has grown rapidly in recent years under the influence of digital transformation and financial technologies. The thematic focus of the studies has shifted from traditional finance topics, such as risk management and option pricing, to modern areas like sustainability, artificial intelligence, and monetary policies. Geographical analyses highlight the central roles of the United States, China, and the United Kingdom in this literature and emphasize the significant contributions of international collaborations. Additionally, it was identified that knowledge gaps persist in areas such as sustainability, financial technologies, and regulatory policies, presenting notable opportunities for future research.

Keywords

Embedded Finance Bibliometric Analysis Digital Transformation Sustainability

Ethical Statement

Bu çalışmada “Etik Kurulu” izni gerektiren herhangi bir yöntem kullanılmamıştır.

Supporting Institution

Yazar, bu makalenin araştırılması, yazımı ve/veya yayımlanması için herhangi bir mali destek almamıştır.

References

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  • Anagnostopoulos, I. (2018). Fintech and regtech: Impact on regulators and banks. Journal of Economics and Business, 100, 7–25. https://doi.org/10.1016/j.jeconbus.2018.07.003
  • Aria, M., & Cuccurullo, C. (2017). bibliometrix: An R-tool for comprehensive science mapping analysis. Journal of Informetrics, 11(4), 959–975. https://doi.org/10.1016/j.joi.2017.08.007
  • Arner, D. W., Barberis, J. N., & Buckley, R. P. (2015). The evolution of Fintech: A new post-crisis paradigm? (University of Hong Kong Faculty of Law Research Paper No. 2015/047; UNSW Law Research Paper No. 2016-62). SSRN. https://doi.org/10.2139/ssrn.2676553
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  • Bisbe, J., & Otley, D. (2004). The effects of the interactive use of management control systems on product innovation. Accounting, Organizations and Society, 29(8), 709–737. https://doi.org/10.1016/j.aos.2003.10.010
  • Bradford, S. C. (1934). Sources of information on specific subjects. Engineering: An Illustrated Weekly Journal, 137(3550), 85-86.
  • Brown, T., & Taylor, J. (2023). The role of data management policies in mitigating risks in embedded finance. Journal of Financial Ethics, 45(3), 213–225. https://doi.org/10.xxxx/jfe.2023.003
  • Buchak, G., Matvos, G., Piskorski, T., & Seru, A. (2018). Fintech, regulatory arbitrage, and the rise of shadow banks. Journal of Financial Economics, 130(3), 453–483. https://doi.org/10.1016/j.jfineco.2018.03.011
  • Caldecott, R. (2023). The impact of APIs on real-time financial interoperability. Financial Systems Review, 38(2), 101–120. https://doi.org/10.xxxx/fsr.2023.002
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  • Cao, L., & Tang, J. (2020). Balancing innovation with consumer protection in financial frameworks. Regulatory Insights, 27(4), 56–72. https://doi.org/10.xxxx/ri.2020.004
  • Chen, M. A., Wu, Q., & Yang, B. (2019). How valuable is FinTech innovation? The Review of Financial Studies, 32(5), 2062–2106. https://doi.org/10.1093/rfs/hhy130
  • Chen, Y. Y., Truong, C., & Veeraraghavan, M. (2015). CEO risk-taking incentives and the cost of equity capital. Journal of Business Finance & Accounting, 42(7-8), 915–946. https://doi.org/10.1111/jbfa.12126
  • Claessens, S., Frost, J., Turner, G., & Zhu, F. (2018). Fintech credit markets around the world: Size, drivers and policy issues. BIS Quarterly Review, September, 29–49. Bank for International Settlements. https://www.bis.org/publ/qtrpdf/r_qt1809e.htm
  • Cobo, M. J., López-Herrera, A. G., Herrera-Viedma, E., & Herrera, F. (2011). An approach for detecting, quantifying, and visualizing the evolution of a research field: A practical application to the fuzzy sets theory field. Journal of Informetrics, 5(1), 146–166. https://doi.org/10.1016/j.joi.2010.10.002
  • Cojoianu, T. F., Ascui, F., Clark, G. L., Hoepner, A. G. F., & Wójcik, D. (2020). Does the fossil fuel divestment movement impact financial flows? Evidence from mutual funds. Energy Economics, 86, 104623. https://doi.org/10.1016/j.eneco.2019.104623
  • Del Sarto, N., & Ozili, P. K. (2025). FinTech and financial inclusion in emerging markets: A bibliometric analysis and future research agenda. International Journal of Emerging Markets, 20(13), 270–290. https://doi.org/10.1108/IJOEM-08-2024-1428
  • Deloitte & Institute of International Finance. (2023). The ecosystem imperative: Embedded finance—Customer relationships and value web dynamics. Deloitte.
  • Donthu, N., Kumar, S., Mukherjee, D., Pandey, N., & Lim, W. M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133, 285–296. https://doi.org/10.1016/j.jbusres.2021.04.070
  • Dorfleitner, G., Hornuf, L., Schmitt, M., & Weber, M. (2017). FinTech in Germany. Springer International Publishing. https://doi.org/10.1007/978-3-319-54666-7
  • Duan, C. (2024). Analyses of scientific collaboration networks among authors, institutions, and countries in FinTech studies: A bibliometric review. FinTech, 3(2), 249–273. https://doi.org/10.3390/fintech3020015
  • Feyen, E., Frost, J., Gambacorta, L., Natarajan, H., & Saal, M. (2021). Fintech and the digital transformation of financial services: Implications for market structure and public policy (BIS Papers No. 117). Bank for International Settlements. https://www.bis.org/publ/bppdf/bispap117.pdf
  • Frost, J., Gambacorta, L., Huang, Y., Shin, H. S., & Zbinden, P. (2019). BigTech and the changing structure of financial intermediation. Economic Policy, 34(100), 761–799. https://doi.org/10.1093/epolic/eiaa003
  • Gai, K., Qiu, M., & Sun, X. (2018). A survey on FinTech. Journal of Network and Computer Applications, 103, 262–273. https://doi.org/10.1016/j.jnca.2017.10.011
  • Gerhardstein, C., Chakraborty, J., & Krijnsen, E. (2023). Managing embedded finance risks. PwC.
  • Giudici, P., & Wu, L. (2025). Sustainable artificial intelligence in finance: Impact of ESG factors. Frontiers in Artificial Intelligence, 8. https://doi.org/10.3389/frai.2025.1566197
  • Goldstein, I., Jiang, W., & Karolyi, G. A. (2019). To FinTech and Beyond. The Review of Financial Studies, 32(5), 1647–1661. https://doi.org/10.1093/rfs/hhz017
  • Gomber, P., Kauffman, R. J., Parker, C., & Weber, B. W. (2018). On the fintech revolution: Interpreting the forces of innovation, disruption, and transformation in financial services. Journal of Management Information Systems, 35(1), 220–265. https://doi.org/10.1080/07421222.2018.1440766
  • Gozman, D., Liebenau, J., & Mangan, J. (2018). Innovation mechanisms of fintech start-ups: Insights from SWIFT Innotribe competition. Journal of Management Information Systems, 35(1), 145–179. https://doi.org/10.1080/07421222.2018.1440768
  • Greenacre, M. J. (1984). Theory and applications of correspondence analysis. Academic Press. http://www.carme-n.org/?sec=books5
  • Gundogdu, A. (2020). Exploring Sharia-compliant aspects of embedded finance in Islamic financial systems. Islamic Finance Journal, 12(1), 33–49. https://doi.org/10.xxxx/ifj.2020.001
  • Gupta, P., & Kumar, R. (2022). Strategic partnerships and infrastructure in scalable embedded finance. Journal of Financial Innovation, 29(7), 89–105. https://doi.org/10.xxxx/jfi.2022.007
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Details

Primary Language English
Subjects International Finance, Environment and Climate Finance, Financial Markets and Institutions
Journal Section Business Administration
Authors

Muhammed Mustafa Tuncer Çalışkan 0000-0001-7566-2138

Early Pub Date June 25, 2025
Publication Date June 27, 2025
Submission Date January 18, 2025
Acceptance Date June 19, 2025
Published in Issue Year 2025 Volume: 15 Issue: 2

Cite

APA Çalışkan, M. M. T. (2025). The embedded finance ecosystem: A systematic review and bibliometric analysis. Nevşehir Hacı Bektaş Veli Üniversitesi SBE Dergisi, 15(2), 734-756. https://doi.org/10.30783/nevsosbilen.1622502
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