Artificial Intelligence (AI) of Financial in the VUCA Era: A Systematic Mapping Study

Authors

  • Iryani Iryani Sekolah Tinggi Ilmu Ekonomi Wira Bhakti Makassar, Indonesia
  • Harry Yulianto Sekolah Tinggi Ilmu Ekonomi YPUP Makassar, Indonesia

DOI:

https://doi.org/10.47709/cnahpc.v5i2.2201

Dimension:

Keywords:

mapping, systematic, artificial intelligence, financial, fintech.

Abstract

The purpose of the study was to systematically map Artificial Intelligence (AI) in the financial sector in the VUCA era. The research design employed a quantitative approach with a descriptive method. The study utilized a systematic literature review with bibliometric analysis techniques. Researchers collected the data from the Google Scholar database, technique analysis using VOSviewer, and descriptive statistics as data analysis techniques. The results indicated the following: (RQ1) 539 articles met the criteria for research; (RQ2) Springer was the publisher with the highest number of AI in Financial articles (58 articles); (RQ3) Karina Kasztelnik authored the most papers on AI in financial (3 documents); (RQ4) an article written by David Mhlanga titled "Industry 4.0 in Finance: The Impact of Artificial Intelligence (AI) on Digital Financial Inclusion" had the most citations (145 citations); and (RQ5) the systematic mapping results identified 8 clusters as research gaps, suggesting potential themes for future studies related to AI in the financial domain. The findings indicate a research gap and highlight the potential for further research on AI in the financial sector in the VUCA era. The role of AI in the financial industry in the VUCA era was to enhance efficiency, speed, accuracy, and security. AI can assist in addressing rapidly emerging complex challenges, providing competitive advantages for FinTech companies to navigate dynamic changes and uncertain business environments.

Downloads

Download data is not yet available.

References

Asl, B.S., Solgi, R., & Farahani, M.D. (2021). Application of Artificial Intelligence Model to Identify the Distorted Financial Application of Artificial Intelligence Model to Identify the Distorted Financial Statements. SRRN, http://dx.doi.org/10.2139/ssrn.3921643

Aysan, A.F., & Nanaeva, Z. (2022). Fintech as a Financial Disruptor: A Bibliometric Analysis. FinTech 2022, 1, 412-433. https://doi.org/10.3390/fintech1040031

Benziane, R., Roqiya, S., & Houcine, M. (2022). Fintech Startup: A Bibliometric Analysis And Network Visualization. Accounting & Finance Review, 11(1), 8-23. https://doi.org/10.46281/ijafr.v11i1.1715

Blank, S. (2013). Why the Lean Start-Up Changes Everything. Harvard Business Review, May 2013. Retrieved from https://hbr.org

Cohen, G. (2022). Artificial Intelligence in Trading the Financial Markets. International Journal of Economics and Business Administration, 0(1), 101-110.

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

Garza-Reyes, J.A. (2015). Lean and green – a systematic review of The State Of The Art Literature. Journal of Cleaner Production, 102, 18-29. https://doi.org/10.1016/j.jclepro.2015.04.06

Gimpel, H., Rau, D., & Röglinger, M. (2018). Understanding FinTech start-ups – a taxonomy of consumer-oriented service offerings. Electron Markets, 28, 245-264. https://doi.org/10.1007/s12525-017-0275-0

Istiana, P. (2016). Pentingnya Pemahaman Pustakawan Terhadap Bentuk Komunikasi Ilmiah Pada Profil Google Scholar. Pustakaloka, 8(1), 131-144. https://doi.org/https://doi.org/10.21154/pustakaloka.v8i1.450

Kasztelnik, K. (2021). Innovative Predicting Risk Model for Systemically Important Financial Institutions with Artificial Intelligence in the United States. Journal of Business and Economic Studies, 1-11.

Kidder, D.S., & Hoffman, R. (2012). The Startup Playbook: Secrets of the Fastest-Growing Startups from their Founding Entrepreneurs, Chronicle Books LLC.

Lomakin, N., Rybanov, A., Kulachinskaya, A., Goncharova, E., Tudevdagva, U., & Repin, Y. (2022). Artificial Intelligence System for Financial Risk Prediction in the Banking Sector. Proceeding Innovations in Digital Economy, 295-306. https://doi.org/10.1007/978-3-031-14985-6_21.

Mackenzie, A. (2015). The Fintech revolution. London Business School Review, 3, 50-53.

Maulidya, G.P., & Afifah, N. (2021). Perbankan Dalam Era Baru Digital: Menuju Bank 4.0. Proceeding Seminar Bisnis Seri V 2021, 278-288.

Mhlanga, D. (2021). Financial Inclusion in Emerging Economies: The Application of Machine Learning and Artificial Intelligence in Credit Risk Assessment. International Journal of Financial Studies, 9(3), 1-39. https://doi.org/10.3390/ijfs9030039

Ries, E. (2011). The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses, Crown.

Rouhollahi, Z. (2021). Towards Artificial Intelligence Enabled Financial Crime Detection. arXiv preprint arXiv:2105.10866.

Shahpazov, V.L. (2014). Forecasting Financial Markets with Artificial Intelligence. International Workshop on Advanced Control and Optimisation: Step Ahead ‘2014, 67-88.

Suryono, R.S. (2019). Financial Technology (Fintech) Dalam Perspektif Aksiologi. Jurnal Masyarakat Telematika dan Informasi, 10(1), 51-66.

Tiwari, K. (2022). Inclusion of Financial Technology and Artificial Intelligence in Management and Development of Human Resource in India. International Journal of Research in Engineering and Science (IJRES), 10(7), 585-589.

Yulianto, H. (2016). Statistik 1. Yogyakarta: Lembaga Ladang Kata.

Yulianto, H. (2021). Philosophy of Management Science: Ontology, Epistemology, And Axiology Perspectives. Cross-Border Journal of Businees Management, 1(1), 152-162.

Yulianto, H., & Iryani (2023). Research Gap Of E-Hrm: A Systematic Review. SEIKO: Journal of Management & Business, 5(2), 750-759.

Downloads

Published

2023-06-30

How to Cite

Iryani, I., & Yulianto, H. . (2023). Artificial Intelligence (AI) of Financial in the VUCA Era: A Systematic Mapping Study. Journal of Computer Networks, Architecture and High Performance Computing, 5(2), 398–413. https://doi.org/10.47709/cnahpc.v5i2.2201

Citation Tracker

Cited by: 9 documents

2025: 7  ·  2024: 2  ·  2023: 1

  1. Navigating Computational Intelligence Approaches for Efficient Portfolio Selection in VUCA and BANI Financial Landscape
    Raghib Noman, Mohammad Shahid, Mahfooz Alam, Faraz Hasan, Maria Lapina
    2025
  2. Banking Systems Adoption and Financial Self Sufficiency; A Case for Commercial Banks in Kenya
    Stephen Githaiga Ngware
    Journal of finance and accounting , 2025
  3. Proposta de framework ágil para integrar a Inteligência Artificial (IA) no setor varejista
    Álvaro César Silva, Andre Chen Ching Lin, Leidimara Silva Santos, Anderson Diogo Mendes da Silva, José Antonio Vaz
    Revista Inovação Projetos e Tecnologias , 2025
  4. Redefining employee performance in a VUCA World: Constructing a new typology – Positive deviant behavior
    Olivier Meïer, Jeanne Le Roy, Marie-Catherine Paquier
    GRH , 2025
  5. Redefining employee performance in a VUCA World: Constructing a new typology – Positive deviant behavior
    Olivier Meïer, Jeanne Le Roy, Marie-Catherine Paquier
    GRH , 2025
  6. Actualization of Fisip Unila’s Partnership with Atpusi Lampung Province Through Personal Rebranding Training for Librarians in the Era of Artificial Intelligence
    Ida Nurhaida, Andi Windah, Nina Yudha Aryanti, Arif Sugiono
    Bulletin of Social Studies and Community Development , 2025
  7. Impact of self-efficacy and mediating factors on Fintech adoption in the VUCA era
    Nguyen Thi Chinh, Khuc The Anh, Dương Nguyễn Đức, Cường Phương Kim Quốc, Le Dieu Linh
    Journal of Eastern European and Central Asian Research (JEECAR) , 2024
  8. The Rise and Rise of Artificial Intelligence in the World of Finance
    Vishwanathan Hariharan Iyer, Ushmita Gupta, Pritesh Pradeep Somani, Nitesh Behare, Rashmi Darshan Mahajan, Meenakshi Singh
    Advances in finance, accounting, and economics book series , 2024
  9. Rethinking Geographic Thought in the Digital Space; A Review of the Arguments for Sustainability and Resilience
    Jones Lewis Arthur
    Research Square , 2023

Source: OpenAlex  · Updated 2026-09-30 20:01 UTC