1st Edition
Advances in Emerging Financial Technology and Digital Money
The financial sector is witnessing rapid technological innovations, leading to the emergence of Fintech (financial technologies), revolutionizing national and international financial landscapes. Fintech is expanding and enhancing financial products and services, making them more accessible and affordable while transforming customer relationships, payment methods, financing, and transfers.
Advances in Emerging Financial Technology and Digital Money provides a platform for collective reflection, bringing together institutions, policymakers, digital and financial service providers, professionals, and academics from various disciplines. The aim is to clarify the challenges, opportunities, and socio-economic impacts of innovations in finance and technology on citizens and businesses in Morocco, Africa, and worldwide. This comprehensive collection offers valuable insights into the current state and prospects of financial technology and digital money.
This book covers all the essential topics, including:
- AI and Machine Learning in Fintech and Beyond
- Financial Inclusion, Literacy, and Behavior
- Fintech Ecosystems, Collaboration, and Analysis
- Blockchain, Security, and Sustainability
- Fintech Innovations and Applications
In this new book, the authors share their experiences to provide a comprehensive and well‑researched overview of the technologies and concepts that will transform the banking industry as we know it. It aspires to be a useful reference for executive managers, CIOs, Fintech professionals, and researchers interested in exploring and implementing an efficient Fintech strategy. The book also presents selected papers from International Fintech Congress (IFC 2022).
1 Emerging Fintech and Digital Money: Current Trends and Future Perspectives
Abdelkebir Sahid and Yassine Maleh
Section 1 AI and Machine Learning in Fintech and Beyond
2 E-Payment Fraud Detection in E-Commerce using Supervised Learning Algorithms
Manal Loukili, Fayçal Messaoudi, and Hanane Azirar
3 Artificial Intelligence and Stock Market
Karim Amzile
4 Machine Learning Clustering: Application on Aggregated and Non-Aggregated Financial Data
El Aidouni Salma, Benhouad Mohamed, Mestari Mohammed, and El Mansouri Adnane
5 Candlestick Patterns Recognition in Bitcoin Price Action Graph Chart Using Deep Learning
Abdellah El Zaar, Nabil Benaya, Abderrahim El Allati, and Toufik Bakir
6 Prediction of Stock Markets Using Deep Learning Architectures
Khalid Bentaleb, Mohamed Ben Houad, and Mohammed Mestari
7 Improving Credit Card Fraud Detection with Distributed Machine Learning and Bfloat-16
Bushra Yousuf, Rejwan Bin Sulaiman, and Musarrat Saberin Nipun
8 A Proposed Semi-decentralized Approach of Federated Learning for Enhancing CCFD Using CS-SVM and K-Means Algorithms
Rejwan Bin Sulaiman
9 Medical-DCGAN: Deep Convolutional GAN for Medical imaging
RGUIBI Zakaria, HAJAMI abedlamjid, DYA Zitouni, and Amine ElQaraoui
Section 2 Financial Inclusion, Literacy, and Behavior
10 Financial Inclusion and Economic Growth in the Presence of a Cross-Sectional Dependence
Huynh Thi Thanh Truc
11 The Role of Tax Policy in Stimulating and Encouraging Investment in Jordan
Yaser Arabyat and Hussam-eldin Daoud
12 Financial Development and Economic Growth: An Experimental Evidence Based on Quantile Regression
Van Chien Nguyen
13 Importance of Financial Literacy Education and Financial Behavior for Developing Nations in the World
Venkata Vara Prasad Janjanam and SubbaLakshmi A.V.V.S.
Chapter 14 A Literature Review on Financial Stability
El Mansouri Adnane, Benhouad Mohamed, Mestari Mohammed, and El Aidouni Salma
15 The Behavior of Firms Regarding the Introduction of Financing by Profit- and Loss-Sharing Products in Morocco
Safa Ougoujil and Sidi Mohamed Rigar
16 Influence of Financial Innovation on Business Performance:
Evidence from the SME Food Industry in Malaysia
Shreen Almas Mohamed Buhary and Hussen Nasir
Section 3 Fintech Ecosystems, Collaboration, and Analysis
17 The Role of Collaborative Skills and Knowledge Sharing in the Emergence of Fintech Ecosystems: Case of Casablanca Finance City
Smyej Oumaima and Si Mohammed Ben Massou
18 Toward Characterization of the Fintech Ecosystem: A Systematic Literature Review
Ali Mwase, Ernest Ketcha Ngassam, and Singh Shawren
19 Analyzing the Impact of the Fear of COVID-19 on Stock Market Returns Using Twitter Text Mining
Ayoub Razouk, Youness Madani, and Fatima Touhami
20 Behavior Analysis of Lenders in P2P Lending Platforms: Identifying Cognitive Effort by Response Time Method
Benhmama Asmaa, Sabiri Brahim, and Melliani Hamza
Section 4 Blockchain, Security, and Sustainability
21 Conceiving a Blockchain-Based Upstream Supply Chain Management System Enhancing Innovation and Sustainability
Ahmed El Maalmi, Kaoutar Jenoui, and Laila El Abbadi
22 Green Finance in the Moroccan Mining Sector: Cases of Sustainable Development and CSR
Insaf El Atillah and Mohamed Azeroual
23 Cloud Data Integrity Auditing and Deduplication Using an Optimized Method Based on Blockchain and MAS
Mohamed El Ghazouani, Abdelouafi Ikidid, Charafeddine Ait Zaouiat, Layla Aziz, Yassine El Khanboubi, Moulay Ahmed El Kiram, and Latifa Er-Rajy
24 Securing Crowdfunding Platforms with Blockchain to Boost the Real Estate Sector
Hibatou Allah Boulsane, Karim Afdel, and Salma El Hajjami
25 Blockchain Technology: A Proposed Solution to Hike the Tax-to-GDP Ratio in Bangladesh
Prianka Ghosh Puja and MD Sadik Adnan
26 Approach for Strengthening the Network Security Based on Boosting Algorithms: Performance Study
Sabrine Ennaji, Nabil El Akkad, and Khalid Haddouch
27 Smart Cities Technologies in the Covid-19 Context: A Bibliometric Analysis
Elafri Nedjwa, Boumali Badreldinne, Lalmi Andallah, Sassi boudemagh Souad Yassine Maleh, Rose Bertrand, and Hemza Barkani
Section 5 Fintech Innovations and Applications
28 Fintech Innovations for Supply Chain Resilience
Asma Boujrouf, Sidi Mohamed Rigar, and L’houssaine Mounaim
29 Strategic Tools for the Decision to Outsource Maintenance Activities in Moroccan Airports
Ahlam Boutahar, Mohamed Ben Ali, and Said Rifai
30 Sustainable Finance and FinTech: Facilitating a Sustainable Future with the Utilization of Socio-Economic Financial Services
Zerina Bihorac, Azra Zaimovic, and Tarik Zaimovic
31 Information Society Services in Morocco Regulatory Status and Outlook for Development
Khalid Abouelouafa and Hafid Barka
32 Cartography of Mobile Payment Technologies Used in Morocco
Youness Khourdifi and Abderrahim Hansali
33 A Machine Learning-Based Recommendation System for Smart Mobility Trip Planning in Morocco
El Attar Chaimae, Daoudi Najima, Abourezq Manar, El Ghali Btihal, Hilal Imane, and Hnida Meriem
Biography
Yassine Maleh is a double Ph.D. in computer sciences from the University Hassan 1st, Morocco since 2013, and a second Ph.D. in Management from the National School of Business and Management, Settat, Morocco, since 2022. He is a professor of Cybersecurity and IT Governance at the National School of Applied Sciences, Khouribga, Morocco, and was a former IT Service Manager at the National Port Agency, Morocco. He is a Senior Member of IEEE, Member of the International Association of Engineers IAENG, and The Machine Intelligence Research Labs. Dr. Maleh has contributed to information security and privacy, Internet of Things Security, Wireless and Constrained Networks Security. His research interests include Information Security and Privacy, Internet of Things, Networks Security, Information system and IT Governance. He has published over than 140 papers (Book chapters, international journals, and conferences/workshops), 30 edited books, and 5 authored books. He is the editor-in-chief of the International Journal of Information Security and Privacy (IJISP). He is an Associate Editor for IEEE, the International Journal of Digital Crime and Forensics (IJDCF).
Justin Zhang is a faculty member at the Coggin College of Business at the University of North Florida. He received his Ph.D. in Business Administration with a concentration on Management Science and Information Systems from Pennsylvania State University, University Park. His research interests include economics of information systems, knowledge management, electronic business, business process management, information security, and social networking. He is the Editor-in-Chief of the Journal of Global Information Management, an ABET program evaluator, and an IEEE senior member.
Abderrahim Hansali, PhD in Economics and Management, graduate of the Institut Supérieur de l'Administration in Rabat and ENA in Paris, and Agrégé de l'Electronique et de l'Informatique Industrielle at ENSET in Rabat, is currently a Research Teacher at ENCG in Marrakech and a consultant in digital strategies and change management. His career began as a founding teacher of BTS preparatory classes in Morocco. After working for the Agence Nationale de Réglementation des Télécommunications in Rabat on the implementation of a quality management system (2007) and as an auditor for the Inspectorate General of the Ministry of National Education (2008), he was appointed Deputy Director & National Coordinator of the GENIE program within the same Ministry (2009), where he helped set up the Laboratoire National des Ressources Numériques. Since 2016, he has taken up teaching and research duties in management sciences at Cadi Ayyad University in Marrakech.
In 2014, he set up the FONDATION MAROC NUMERIQUE, a non-governmental organization dedicated to supporting digital strategies and promoting a citizen digital culture. In 2019, he helped set up ACISS (African Center for Innovative Sustainable Solutions) at Cadi Ayyad University in Marrakech.
