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Artificial Intelligence (AI) Ethics in Fintech and Startup Ecosystems: A Systematic Literature Review Analysis Rawasaputra, Aditya; Tullah, Rahmat; Sudaryana, I Ketut; Riworuhi, Jan Everhard
JURNAL SISFOTEK GLOBAL Vol 16, No 2 (2026): JURNAL SISFOTEK GLOBAL
Publisher : Institut Teknologi dan Bisnis Bina Sarana Global

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38101/sisfotek.v16i2.16229

Abstract

Artificial intelligence (AI) is reshaping the fintech and startup ecosystem, offering efficiency in credit scoring, fraud detection, investment personalization, and customer service. Yet, its adoption raises pressing ethical challenges, particularly in Indonesia and Southeast Asia. This study conducts a systematic literature review (SLR) using the PRISMA protocol, analyzing over 80 scholarly articles, industry reports, and regulatory documents to examine key ethical issues in AI-driven finance. Findings highlight concerns around algorithmic transparency, data bias, privacy protection, accountability in automated decision-making, and regulatory compliance. Case studies of Indonesian fintech firms reveal emerging best practices, including explainable AI, fairness audits, compliance with the Personal Data Protection Law (UU PDP), and ethics committees. Regulatory frameworks from OJK and international standards such as GDPR and the EU AI Act provide critical guidance, though implementation challenges persist. The review concludes that embedding ethics into AI development lifecycles, strengthening cross-sector collaboration, and enhancing digital literacy are essential to building an inclusive, transparent, and sustainable fintech ecosystem.
Co-Authors A.A. Ketut Agung Cahyawan W Aang Kurniawan Abdul Rochim Agusli, Rachmat Akbar Jurfri, Ali Ali Mustofa Alvi Syahrin Anwar Hadi, Anwar Arsa, Yudi Asnurul Isroqmi Aziza, Tiara Puspa Baskoro, Dwi Cahandi, Cahandi Cahyadiputra, Achmat Syabanu Christian, Eric Sendy Daniel Happy Putra Dedi Dedi Dhela Santya, Widhitias Aprilia Dul Hapid, Saca DWI SURYANTO Dzulhaq, Muhammad Iqbal Egga Asoka Ferawati Ferawati Fiqih Hana Saputri, Fiqih Hana Firdaus Firdaus Gina, Ahmad Afifil Gulo, Tri ASP Hafidin, Alfa Halim, Indra Hamonangan, Apriyanto Hanafri, Muhammad Iqbal Handoko, Dimas Bhoby Hertaliando, Abdee Wahyu I Ketut Sudaryana, I Ketut Iqbal, Muchamad Iskandar Dzulkarnain Isral, Isral Istiqomah, Pami Julianti, M Ramaddan Jumroh, Jumroh Karisma, Naufal Khoir, Fajar Khoirunisa, Alfiah Koswara, Dwiki Afrilian Kurniawan, Arik Kusuma, Syenina Putri Maghfaluti, Mohamad Rizki maharani, adinda ayu Mariana, Arni Retno Mariana, Arnie Retno Mubarok, Syahrul Mustafa, Siti Maisaroh Nasrulah, Dayu Ovtama Noviana, Asep Anggi Anggara Nugraha, Dimas Eka Aji Nugraha, Putra Satia Nugroho, Subagio Setio Nurmaesah, Nunung Nurmansyah, Muhamad Luthfi Padang, Nasrullah Mubarak Pausi, Ahmad Prianto Syahputra, Muhammad Suryawan Pribadi, Ardian Rahardjo, Joko Dwi Ramadhan, Diva Wahyu Ramadhan, Rendy Putra Ramdhan, Syaipul Rawasaputra, Aditya Rayhan Noerfikri, Mohamad Ricesa, Wieke Riworuhi, Jan Everhard Rochman, Abdur Ryando, M. Bucci Safitri, Fatimah Lucyana Said Said, Said Saladin, Muhamad Pazri Setiana, Hari Setiawan, Rio Prambudi Setiyanto, Rudi Setyawan, Agus Hendra Sidik, Achmad Simanullang, Robintang Siti Maisaroh Siti Nur Janah, Siti Nur SOFIA, DETIN Sujoko, Abimanyu Dharma Kiat Sumpena, Iwan Supriyanto, Muhsin Sutarman Sutarman Suwandara, Junando Akas Tobing, Fenina Adline Twince Wibowo, Mahardika Yudi Setiawan