Gender Disparity in the FinTech Sector: Systematic Literature Review

Błażej Prusak; Łukasz Wacławek

doi:10.4324/9781003340454-7

Gender Disparity in the FinTech Sector: Systematic Literature Review

Abstract

The main objective of this chapter is to identify research areas of FinTech activity in which gender disparity has been observed. In addition, we shall identify how the development of FinTech reduces the gender gap. A systematic literature review using the PRISMA concept is the preferred research method. Publications were searched in the following databases: Web of Science, Scopus and Google Scholar using the formula “FinTech AND gender”. After removing less significant records from the Google Scholar database and performing a screening, a detailed literature analysis was carried out on the basis of 22 publications. The research shows that the topic of gender disparity in FinTech is relatively little recognised as: the oldest publications date back to 2018, there are few publications in the major databases, and the topic is often covered as a side issue. Five areas were identified in the research on gender disparity in FinTech: (1) FinTech and entrepreneurship; (2) FinTech and wages/earnings; (3) FinTech and CEOs/managers; (4) FinTech and the role of women in society; and (5) FinTech and users. The main findings of the research are: gender discrimination can be observed: among FinTech managers and users of certain services; in the intention of people of both genders to use certain services; and in the software used by FinTech institutions. In turn, the positive impact of the development of the FinTech sector relates to reducing the gender wage gap, increasing the level of entrepreneurship and the social status of women.

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Category:

Monographic publication

Type:

rozdział, artykuł w książce - dziele zbiorowym /podręczniku w języku o zasięgu międzynarodowym

Language:

English

Publication year:

2023

Bibliographic description:

Prusak B., Wacławek Ł.: Gender Disparity in the FinTech Sector: Systematic Literature Review// Digital Transformation and the Economics of Banking. Economic, Institutional, and Social Dimensions/ : , 2023, s.99-112

DOI: