articleJournal of Consumer AffairsJan 1, 2023HYBRID OA

Financial literacy in the digital age—A research agenda

University of Jyväskylä · University of Vaasa · +2 more institutions

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Abstract

Abstract Digital innovations are transforming financial services and resulting changes in consumer behavior and personal money management. Diffusion of pervasive digital technologies offers individuals quick and easy access to various digital services bringing opportunities and challenges into their personal money management. The study aimed to explore how digitalization affects individuals' financial literacy and financial capability. As a result, we identified three main themes in the intersection of finance and digitalization: Fintech, Financial behavior in digital environments, and Behavioral interventions. We propose directions for measuring digital financial literacy, updates to the financial literacy…

Citation impact

234
total citations
FWCI
107.66
Percentile
100%
References
74
Citations per year

Authors

4

Topics & keywords

Keywords
  • Financial literacy
  • Financial services
  • Digital literacy
  • Curriculum
  • Business
  • Financial regulation
  • Public relations
  • Finance
UN Sustainable Development Goals
  • Quality Education
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