{"id":"https://openalex.org/W4413941237","doi":"https://doi.org/10.26794/2587-5671-2025-29-4-112-128","title":"Multi-Factor Risk Analysis of Modern Fintech based on Multimodal Analytics","display_name":"Multi-Factor Risk Analysis of Modern Fintech based on Multimodal Analytics","publication_year":2025,"publication_date":"2025-08-31","ids":{"openalex":"https://openalex.org/W4413941237","doi":"https://doi.org/10.26794/2587-5671-2025-29-4-112-128"},"language":"en","primary_location":{"id":"doi:10.26794/2587-5671-2025-29-4-112-128","doi":"https://doi.org/10.26794/2587-5671-2025-29-4-112-128","is_oa":true,"landing_page_url":"https://doi.org/10.26794/2587-5671-2025-29-4-112-128","pdf_url":"https://financetp.fa.ru/jour/article/download/3846/1705","source":{"id":"https://openalex.org/S4306538827","display_name":"Finance: Theory and Practice","issn_l":"2587-5671","issn":["2587-5671","2587-7089"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["doaj","poland-20","russia-white-list-1"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance: Theory and Practice","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://financetp.fa.ru/jour/article/download/3846/1705","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5078679834","display_name":"Sergey V. Shkodinsky","orcid":"https://orcid.org/0000-0002-5853-3585","observed_orcids":["https://orcid.org/0000-0002-5853-3585"]},"institutions":[{"id":"https://openalex.org/I177537411","display_name":"Bauman Moscow State Technical University","ror":"https://ror.org/00pb8h375","country_code":"RU","type":"education","lineage":["https://openalex.org/I177537411"]}],"countries":["RU"],"is_corresponding":false,"raw_author_name":"S. V. Shkodinsky","raw_affiliation_strings":["Bauman Moscow State Technical University"],"raw_orcid":"https://orcid.org/0000-0002-5853-3585","affiliations":[{"raw_affiliation_string":"Bauman Moscow State Technical University","institution_ids":["https://openalex.org/I177537411"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5046557675","display_name":"Yuriy \u0410. Krupnov","orcid":"https://orcid.org/0000-0002-9524-3747","observed_orcids":["https://orcid.org/0000-0002-9524-3747"]},"institutions":[{"id":"https://openalex.org/I211738395","display_name":"Financial University","ror":"https://ror.org/01hnrbb29","country_code":"RU","type":"education","lineage":["https://openalex.org/I211738395"]}],"countries":["RU"],"is_corresponding":false,"raw_author_name":"Yu. A. Krupnov","raw_affiliation_strings":["Financial University under the Government of the Russian Federation"],"raw_orcid":"https://orcid.org/0000-0002-9524-3747","affiliations":[{"raw_affiliation_string":"Financial University under the Government of the Russian Federation","institution_ids":["https://openalex.org/I211738395"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5069720097","display_name":"Tatyana V. Romantsova","orcid":"https://orcid.org/0000-0003-1643-6434","observed_orcids":["https://orcid.org/0000-0003-1643-6434"]},"institutions":[{"id":"https://openalex.org/I3132830348","display_name":"Kutafin Moscow State Law University","ror":"https://ror.org/0163jwc47","country_code":"RU","type":"education","lineage":["https://openalex.org/I3132830348"]}],"countries":["RU"],"is_corresponding":false,"raw_author_name":"T. V. Romantsova","raw_affiliation_strings":["Kutafin Moscow Stare Law University (MSAL)"],"raw_orcid":"https://orcid.org/0000-0003-1643-6434","affiliations":[{"raw_affiliation_string":"Kutafin Moscow Stare Law University (MSAL)","institution_ids":["https://openalex.org/I3132830348"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":9.9595,"has_fulltext":true,"cited_by_count":7,"citation_normalized_percentile":{"value":0.97790345,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":99},"biblio":{"volume":"29","issue":"4","first_page":"112","last_page":"128"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.7329000234603882,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.7329000234603882,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.26420000195503235,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.0017999999690800905,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/fintech","display_name":"fintech","score":0.765999972820282},{"id":"https://openalex.org/keywords/risk-assessment","display_name":"risk assessment","score":0.6880000233650208},{"id":"https://openalex.org/keywords/multimodal-analysis","display_name":"multimodal analysis","score":0.8949999809265137},{"id":"https://openalex.org/keywords/cryptocurrency","display_name":"cryptocurrency","score":0.8119999766349792},{"id":"https://openalex.org/keywords/digital-financial-assets","display_name":"digital financial assets","score":0.9800000190734863},{"id":"https://openalex.org/keywords/digital-financial-services","display_name":"digital financial services","score":0.9039999842643738},{"id":"https://openalex.org/keywords/financial-inclusion","display_name":"financial inclusion","score":0.8600000143051147},{"id":"https://openalex.org/keywords/market-risk","display_name":"market risk","score":0.7829999923706055},{"id":"https://openalex.org/keywords/regulatory-risk","display_name":"regulatory risk","score":0.9990000128746033},{"id":"https://openalex.org/keywords/liquidity-risk","display_name":"liquidity risk","score":0.7990000247955322},{"id":"https://openalex.org/keywords/data-protection","display_name":"data protection","score":0.972000002861023},{"id":"https://openalex.org/keywords/operational-risk","display_name":"operational risk","score":0.781000018119812},{"id":"https://openalex.org/keywords/risk-management","display_name":"risk management","score":0.718999981880188}],"concepts":[{"id":"https://openalex.org/C2781039887","wikidata":"https://www.wikidata.org/wiki/Q1391724","display_name":"Factor (programming language)","level":2,"score":0.5527141690254211},{"id":"https://openalex.org/C79158427","wikidata":"https://www.wikidata.org/wiki/Q485396","display_name":"Analytics","level":2,"score":0.5486968755722046},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.46989914774894714},{"id":"https://openalex.org/C50440223","wikidata":"https://www.wikidata.org/wiki/Q1475848","display_name":"Risk factor","level":2,"score":0.4230087399482727},{"id":"https://openalex.org/C2522767166","wikidata":"https://www.wikidata.org/wiki/Q2374463","display_name":"Data science","level":1,"score":0.3836744725704193},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.3306301236152649},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.25274932384490967},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.18153893947601318},{"id":"https://openalex.org/C126322002","wikidata":"https://www.wikidata.org/wiki/Q11180","display_name":"Internal medicine","level":1,"score":0.11859866976737976},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.26794/2587-5671-2025-29-4-112-128","doi":"https://doi.org/10.26794/2587-5671-2025-29-4-112-128","is_oa":true,"landing_page_url":"https://doi.org/10.26794/2587-5671-2025-29-4-112-128","pdf_url":"https://financetp.fa.ru/jour/article/download/3846/1705","source":{"id":"https://openalex.org/S4306538827","display_name":"Finance: Theory and Practice","issn_l":"2587-5671","issn":["2587-5671","2587-7089"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["doaj","poland-20","russia-white-list-1"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance: Theory and Practice","raw_type":"journal-article"},{"id":"pmh:oai:doaj.org/article:c3637dac9f7e4d2187f61052f77f8f68","doi":null,"is_oa":false,"landing_page_url":"https://doaj.org/article/c3637dac9f7e4d2187f61052f77f8f68","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"\u0424\u0438\u043d\u0430\u043d\u0441\u044b: \u0442\u0435\u043e\u0440\u0438\u044f \u0438 \u043f\u0440\u0430\u043a\u0442\u0438\u043a\u0430, Vol 29, Iss 4, Pp 112-128 (2025)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.26794/2587-5671-2025-29-4-112-128","doi":"https://doi.org/10.26794/2587-5671-2025-29-4-112-128","is_oa":true,"landing_page_url":"https://doi.org/10.26794/2587-5671-2025-29-4-112-128","pdf_url":"https://financetp.fa.ru/jour/article/download/3846/1705","source":{"id":"https://openalex.org/S4306538827","display_name":"Finance: Theory and Practice","issn_l":"2587-5671","issn":["2587-5671","2587-7089"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["doaj","poland-20","russia-white-list-1"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance: Theory and Practice","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/9","score":0.428600013256073,"display_name":"Industry, innovation and infrastructure"}],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4413941237.pdf","grobid_xml":"https://content.openalex.org/works/W4413941237.grobid-xml"},"referenced_works_count":24,"referenced_works":["https://openalex.org/W2114727368","https://openalex.org/W2909295732","https://openalex.org/W2921232549","https://openalex.org/W3092768812","https://openalex.org/W3194394329","https://openalex.org/W3210892971","https://openalex.org/W4206603226","https://openalex.org/W4220731660","https://openalex.org/W4297499129","https://openalex.org/W4297872393","https://openalex.org/W4303857114","https://openalex.org/W4308415864","https://openalex.org/W4311652160","https://openalex.org/W4313333541","https://openalex.org/W4323923702","https://openalex.org/W4377137665","https://openalex.org/W4383911728","https://openalex.org/W4386030594","https://openalex.org/W4387823863","https://openalex.org/W4391544886","https://openalex.org/W4393226544","https://openalex.org/W4396560130","https://openalex.org/W4396845540","https://openalex.org/W4403101810"],"related_works":["https://openalex.org/W2003033456","https://openalex.org/W4389473457","https://openalex.org/W2386246912","https://openalex.org/W222444245","https://openalex.org/W4294385158","https://openalex.org/W2262505815","https://openalex.org/W4250911175","https://openalex.org/W3028399684","https://openalex.org/W4281739847","https://openalex.org/W3204255004"],"abstract_inverted_index":{"The":[0,27,58,120,180],"relevance":[1],"of":[2,9,13,16,23,29,37,60,80,85,95,103,113,131,145,167,182,214,240,249,276,289,304,323,336],"this":[3],"study":[4,31,121,184],"lies":[5],"in":[6,147,194,216,255,285,348,360],"the":[7,14,17,30,35,77,101,111,129,136,143,183,196,212,235,247,256,268,286,302,324,334,337,349],"significance":[8],"a":[10,151,191,296,317],"thorough":[11],"examination":[12],"implications":[15],"rapid":[18],"expansion":[19],"and":[20,53,62,72,83,92,107,115,139,165,172,204,253,264,279,292,312,320,356],"widespread":[21],"adoption":[22],"modern":[24,104,187,329],"financial":[25,105,114,148,170,174,188,197,220,226,270,281,330,351,361],"technologies.":[26,56,331],"purpose":[28],"is":[32,46,259],"to":[33,219,225,261],"identify":[34],"characteristics":[36],"f":[38,287],"intech-related":[39],"risks":[40,326],"using":[41],"multimodal":[42,65,125,241,305],"business":[43,66],"analytics":[44,67,242,306],"which":[45,127],"based":[47,68,123],"on":[48,69,110,124,142,333],"machine":[49,70],"learning,":[50],"neural":[51,73],"networks":[52,74],"data":[54,290,310],"mining":[55],"Hypothesis.":[57],"use":[59,248,303],"methods":[61,314],"tools":[63,156,307],"for":[64,228,251,316,344,354],"learning":[71],"will":[75,98],"ensure":[76],"further":[78],"instrumentalization":[79],"risk":[81,133,346],"assessment":[82,322],"analysis":[84],"fintech,":[86],"taking":[87],"into":[88],"account":[89],"multifactoriality,":[90],"polyvariance":[91],"interdependence":[93],"nature":[94],"risks.":[96,266],"This":[97],"fully":[99],"reflect":[100],"complexity":[102],"technologies":[106,189],"their":[108],"impact":[109],"transformation":[112],"economic":[116],"relations.":[117,149],"Research":[118],"methods.":[119],"was":[122],"analytics,":[126],"involved":[128,359],"construction":[130],"cross-analysis":[132],"matrices,":[134],"highlighting":[135],"mutual":[137],"decreasing":[138],"increasing":[140],"influence":[141],"interests":[144],"participants":[146],"For":[150],"comprehensive":[152],"assessment,":[153],"key":[154,192],"fintech":[155,215],"were":[157,231],"selected":[158],"\u2014":[159],"cryptocurrencies":[160,250],"(as":[161],"an":[162],"investment":[163,252],"instruments":[164],"means":[166],"payment),":[168],"digital":[169,173,178,269,280],"assets":[171,271],"services,":[175],"such":[176],"as":[177],"transfers.":[179],"results":[181,335],"showed":[185],"that":[186,211,246,301],"play":[190],"role":[193],"transforming":[195],"sector,":[198],"making":[199],"it":[200],"more":[201],"accessible,":[202],"efficient,":[203],"customer":[205],"oriented.":[206],"It":[207],"has":[208,244],"been":[209],"stated":[210],"introduction":[213],"Russia":[217],"contributes":[218],"inclusion":[221],"by":[222],"providing":[223],"access":[224],"services":[227,282],"those":[229],"who":[230],"previously":[232],"excluded":[233],"from":[234],"traditional":[236],"banking":[237],"system.":[238],"Interpretation":[239],"materials":[243],"demonstrated":[245],"settlements":[254],"Russian":[257,350],"Federation":[258],"subject":[260],"high":[262],"market":[263],"regulatory":[265],"In":[267],"market,":[272],"issuers":[273],"face":[274],"problems":[275],"insufficient":[277],"liquidity,":[278],"demonstrate":[283],"vulnerabilities":[284],"ield":[288],"protection":[291],"operational":[293],"reliability.":[294],"As":[295],"result,":[297],"we":[298,339],"can":[299],"conclude":[300],"integrating":[308],"various":[309],"sources":[311],"research":[313],"allows":[315],"deeper":[318],"understanding":[319],"effective":[321],"complex":[325],"associated":[327],"with":[328],"Based":[332],"study,":[338],"propose":[340],"practice":[341],"oriented":[342],"recommendations":[343],"improving":[345],"management":[347],"technology":[352],"sector":[353],"regulators":[355],"other":[357],"parties":[358],"transactions.":[362]},"counts_by_year":[{"year":2026,"cited_by_count":6},{"year":2025,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2025-10-10T00:00:00"}
