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Financial Cybercrime, FinTech Adoption, and Bank Performance in an Interconnected Indian Economy: Typologies, Networks, and Systemic Implications

Financial Cybercrime, FinTech Adoption, and Bank Performance in an Interconnected Indian Economy: Typologies, Networks, and Systemic Implications
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Author(s): Priyakrushna Mohanty (Christ University, Bengaluru, India), Rashi Modi (Christ University, Bengaluru, India)and Aaleyah Behera (Christ University, Bengaluru, India)
Copyright: 2027
Pages: 40
Source title: Determinants of FinTech Adoption and Banks' Financial Performance
Source Author(s)/Editor(s): Muhammad Naeem Shahid (School of Accounting and Finance, Faculty of Business and Law, Taylor’s University, Malaysia)and Muhammad Umar Islam (Asia Pacific University of Techology and Innovations, Malaysia)
DOI: 10.4018/979-8-3373-6244-1.ch005

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Abstract

India's rapid expansion of digital finance has transformed payment systems while heightening exposure to financial cybercrime. Real-time payments, platform-based services, and fintech integration have created risk pathways that extend beyond isolated fraud incidents. This study analyses financial cybercrime in India through a systemic lens, mapping evolving fraud typologies, payment-rail vulnerabilities, organised criminal networks, and behavioural asymmetries. It also examines the capacity of regulatory, infrastructural, and enforcement mechanisms to manage these risks under real-time operational constraints. Drawing on a structured synthesis of academic and policy sources, the paper develops the Systemic Cybercrime Mitigation Framework for Digital Finance (SCMF-DF), which integrates prevention, detection, containment, recovery, and adaptive learning to address cybercrime as a financial stability concern.

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