Tracing the Dynamics of Digital Banking in Indonesia: A Review of the Literature

Chintiya Mayliana Diaz Putri (Universitas Sebelas Maret)
Arum Kusumaningdyah Adiati (Sebelas Maret University)

Al-Kharaj: Journal of Islamic Economic and Business
Vol. 8 No. 2 (2026): All articles in this issue include authors from 3 countries of origin (Indonesi

Digital transformation has significantly reshaped the Indonesian banking industry through the rapid development of digital banking services. The increasing penetration of internet usage, mobile devices, and the growing demand for efficient and convenient financial services have positioned digital banking as a strategic issue within the national financial sector. This study aims to explore the development of digital banking research in Indonesia, identify the dominant research themes, examine the theoretical approaches employed, and highlight future research opportunities. The study adopts a literature review approach combined with bibliometric analysis of 42 Scopus-indexed journal articles published between 2015 and 2025. The analysis focuses on publication trends, author affiliations, journal sources, research variables, theoretical foundations, research methods, data analysis techniques, keywords, and authorship collaboration patterns. The findings reveal a substantial increase in digital banking publications over the past decade, reflecting growing academic interest in this field. The most frequently examined variables are perceived usefulness, behavioral intention, trust, and perceived ease of use, while the Technology Acceptance Model (TAM) and the Unified Theory of Acceptance and Use of Technology (UTAUT) emerge as the dominant theoretical frameworks. Quantitative methods and Structural Equation Modeling (SEM) are the most widely applied research approaches. Keyword analysis further indicates that trust, technology adoption, fintech, sharia compliance, and sustainability are the primary themes within the digital banking literature. This study concludes that digital banking in Indonesia has evolved into a multidisciplinary research area with increasing scholarly attention. However, further studies employing qualitative and interdisciplinary approaches are needed, particularly in the areas of financial inclusion, sustainability, and the broader socioeconomic impacts of digital financial transformation.