Ascent of Regtech: A Bibliometric Analysis of Regulatory Technology

Under the impact of the fourth industrial revolution, the focus towards Regulatory Technology (RegTech) gained traction. The COVID-19 pandemic has further underscored the necessity for adoption of RegTech to synchronize with the new norm of digital transformation. The research collected the scientific literature on RegTech from the database of Scopus since 1988 until April 15, 2021, and deployed the citations, bibliographic coupling, co-citations, co-authorship, and co-occurrence methods through VOSviewer software to conduct the bibliometric network analysis. The research basically aimed to know the influential articles, authors, sources, and countries as an endeavor to identify the areas of interest in RegTech that are well explored by the researchers and the areas of research that need further attention. The findings indicate that until 2016 the focus of research was on ‘Risk management and Fraud Detection’, however since 2016 the focus has been on ‘Effective Supervision and Regulation’ in addition to ‘Technological Advancements’. Moreover, the 5 years period of 2016–2020 has been crucial for the publications on RegTech.