IFIN 2018

3rd Int. Workshop on the Internet for Financial Collective Awareness & Intelligence

Call for Papers

A growing body of literature has shown that financial literacy is among the most important determinants of financial well-being, and that differences in financial knowledge acquired early in life can explain a significant part of wealth inequality during retirement. Meanwhile, financial technology (FinTech) is revolutionizing the financial services industry at an unrivalled pace. From mobile payments, robo-advising, app-based investing platforms, to online banking solutions, fintech developments have generated differing views regarding the potential impact that this pace of change is likely to have might have on personal financial planning, financial well-being and economic inequality.

Moreover, related literature emphasises the role of financial and other literacies as necessary 21st-century cognitive skills in an updated educational curriculum, which will enable individuals to better compete with artificial intelligence in the automation era. The role of financial institutions, corporations and entrepreneurs is important for the formation of supply-side solutions to the enhancement of financial literacy and the reduction of existing gaps across key demographic groups. Via the enhancement of financial capability, financial technology can support client protection and social performance targeting and measurement, as part of a wider responsible finance agenda. Start-ups and platforms using technology to simplify personal finance, streamline financial planning processes are not only building the next generation of financial tools, but also encouraging and facilitating financial education.

In the light of these major developments, the workshop aims to bring together academics, policy makers, practitioners and educators to discuss issues related to financial literacy, financial technology and their respective interactions. The aim of the workshop is to engage and inform the current educational and policy agenda regarding developments in financial-literacy research and the role of financial technology in enhancing financial capability within a responsible finance framework.

The IFIN 2018 workshop will comprise 8-12 presentations. It is expected the workshop will have around 50-100 attendees, comprising policy makers, academics, practitioners, educators and financial managers. It is organised by the EU-funded PROFIT project (Promoting Financial Awareness and Stability), as part of the events of the UK Talk Money 2018. The organisers and supporters of the workshop are: the Centre for Research & Technology, Hellas; the Adam Smith Business School and the Wards Trust Fund of the University of Glasgow; the Centre for Responsible Finance, University of St. Andrews; the Democritus University of Thrace and the Hellenic Financial Literacy Institute, Greece.

A select number of papers from the workshop will be featured in a special issue of the European Journal of Finance. All submissions must adhere to the format and style guidelines of the European Journal of Finance. The review process for the special issue will consist of papers being subject to an initial review by the co-editors of the special issue and to blind reviews by two anonymous referees. The editors of the European Journal of Finance will have oversight of the final papers submitted.

Research Topics

Research topics of interest for this workshop include, but are not limited to:

Financial literacy and related literacies in the fintech era

  • Fintech solutions to financial capability enhancement
  • Managerial views on responsible finance and financial education
  • Financial literacy and financial well-being
  • Risks of FinTech, access to digital credit, cyber-security, privacy and trust
  • Fraud and consumer protection
  • Trust in institutions
  • Financial literacy and related literacies in the fintech era
  • Financial literacy among students and educational reform
  • Financial literacy and ageing
  • Financial awareness and financial stability
  • Financial awareness and public attitudes
  • Financial technology, financial literacy, and economic sentiments
  • Financial technology, financial literacy, and economic sentiments
  • Country patterns and differences in financial literacy and financial inclusion