https://archive.conscientiabeam.com/index.php/89 en-US Wed, 01 Jan 2025 03:40:50 -0600 OJS 3.3.0.8 http://blogs.law.harvard.edu/tech/rss 60 https://archive.conscientiabeam.com/index.php/89/article/view/4075 <p>The study aims to assess the dual (positive and negative) impact of FinTech in financial institutions. In this study, secondary data were used, and they were collected from Web of Science, Scopus, ScienceDirect, and Google Scholar. In this regard, the key FinTech technologies are identified, including blockchain and distributed ledger technology, artificial intelligence and machine learning, robo-advisors, mobile banking and digital banking, regulatory technology, and cloud computing. While major financial crimes are fraud, money laundering, insider trading, bribery and corruption, tax evasion, and cybercrime, The study shows that AI algorithms help to identify criminal activities, including credit card fraud, theft, and account takeovers, and ensure data privacy, accountability, and transparency. Blockchain is useful for trustless transactions since it creates an unchangeable and secure, transparent record of every transaction. Big data analytics help to acquire insights into customer behaviour and preferences. RegTech tracks online transactions in real time to spot anomalies in the realm of digital payments. On the other hand, FinTech is one of the most effective tools to facilitate cybercrime. Moreover, the study shows the framework FinTech has for mitigating wrongdoing, regulatory shortages, and customer threats. The article provides several implications for several stakeholders in the financial sector.</p> Tipon Tanchangya, Kamron Naher, Md Rakib Mia, Srima Chowdhury, Naimul Islam Copyright (c) 2025 https://archive.conscientiabeam.com/index.php/89/article/view/4075 Fri, 31 Jan 2025 00:00:00 -0600 https://archive.conscientiabeam.com/index.php/89/article/view/4076 <p>The study aims to explore the greenwashing phenomenon in the context of FinTech and sustainable development and analyze the conceptual frameworks and theoretical perspectives that connect greenwashing, FinTech, and sustainable development. A qualitative approach was employed in this research, which was primarily based on secondary data. The findings show that FinTech significantly contributes to sustainability by promoting environmental conservation, economic growth, and financial inclusion across various SDG domains. Additionally, the theoretical perspectives examine key theories (stakeholder theory, legitimacy theory, signaling theory, and institutional theory) and highlight how greenwashing practices might influence the FinTech sector. Furthermore, this study draws attention to the potential economic, social, and environmental impact of greenwashing on FinTech. Finally, the study offers valuable insights for strategy formulation to prevent companies from making misleading environmental claims. Above all, the present study makes a substantial contribution to the ongoing debate regarding the links between greenwashing, FinTech, and sustainable development.</p> Tipon Tanchangya, Asif Raihan, Md Rakib Mia, Ummah Tafsirun, Kamron Naher, Naimul Islam, Fahad Rashid, Shoaibur Rahman Sarker Copyright (c) 2025 https://archive.conscientiabeam.com/index.php/89/article/view/4076 Fri, 31 Jan 2025 00:00:00 -0600