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RESEARCH PRODUCT

Dynamics of fintech terms in news and blogs and specialization of companies of the fintech industry

Fabio CiullaRosario N. MantegnaRosario N. Mantegna

subject

Physics - Physics and SocietyApplied MathematicsEconomic sectorFintech Statistically validated networksGeneral Physics and AstronomyFOS: Physical sciencesStatistical and Nonlinear PhysicsEnglish languagePhysics and Society (physics.soc-ph)Complex networkBusiness activities01 natural sciencesSettore FIS/07 - Fisica Applicata(Beni Culturali Ambientali Biol.e Medicin)010305 fluids & plasmasSet (abstract data type)FOS: Economics and businessDynamics (music)0103 physical sciencesSpecialization (functional)Business010306 general physicsGeneral Finance (q-fin.GN)Quantitative Finance - General FinanceMathematical PhysicsIndustrial organization

description

We perform a large scale analysis of a list of fintech terms in (i) news and blogs in English language and (ii) professional descriptions of companies operating in many countries. The occurrence and co-occurrence of fintech terms and locutions shows a progressive evolution of the list of fintech terms in a compact and coherent set of terms used worldwide to describe fintech business activities. By using methods of complex networks that are specifically designed to deal with heterogeneous systems, our analysis of a large set of professional descriptions of companies shows that companies having fintech terms in their description present over-expressions of specific attributes of country, municipality, and economic sector. By using the approach of statistically validated networks, we detect geographical and economic over-expressions of a set of companies related to the multi-industry, geographically and economically distributed fintech movement.

yearjournalcountryeditionlanguage
2020-01-01
10.1063/5.0004487http://arxiv.org/abs/2007.07166