The Evolution of Digital Payment Ecosystems: A Narrative Review of Innovation, Competition, and Consumer Behavior

Economic Policy and Financial Innovation Review fills a critical gap in contemporary scholarly literature by focusing directly on the institutional friction between legacy macroeconomic frameworks and rapid financial engineering. The journal exists to answer a vital question: how must public policy co-evolve with disruptive financial technologies without compromising systemic market stability. The journal provides a focused platform for researchers, economists, financial analysts, and policy professionals to examine how economic strategies, financial technologies, and regulatory frameworks influence economic performance, institutional efficiency, and sustainable development.

The journal explicitly prioritizes research situated at the intersection of regulatory frameworks and technological advancement. It specifically encourages studies that analyze how public policy adapts to, responds to and regulates the risks associated with digital financial disruption and economic governance.

Through a strong focus on methodological rigor, policy relevance, and evidence-based analysis, the journal aims to support the development of effective economic and financial frameworks that contribute to resilient and sustainable economic systems.

The journal focuses on research examining the interaction between traditional monetary frameworks and emerging financial innovations, with particular emphasis on how institutional policy structures adapt to digital transformation and evolving financial systems. While existing journals often treat economic policy and financial technology as separate disciplines, this review unifies them. It explicitly fills a gap in literature by targeting empirical studies that evaluate the regulatory lag—uncovering how legislative bodies can legally and operationally keep pace with algorithmic, decentralized, and automated market assets.

The journal prioritizes applied and policy-oriented research in areas related to economic policy evaluation, financial market behavior, digital finance, financial regulation, investment and risk analysis, public finance, financial inclusion, and innovation in banking and financial systems.

Methodological Emphasis

Submissions must demonstrate methodological rigor through well-defined quantitative, analytical, or empirical approaches, including econometric modeling, comparative policy analysis, financial forecasting, simulation-based evaluation, market performance assessment, and data-driven economic analysis. The journal welcomes submissions concerning emerging financial technologies, digital economic ecosystems, and data-driven financial forecasting and digital financial systems only when the primary focus centers on their regulatory compliance, systemic risk assessment, and quantifiable economic outcomes.

Article Types

The journal publishes:

• Research Articles
• Review Articles
• Case Studies
• Short Communications

Peer Review and Editorial Process

All submissions undergo a double-blind peer review process, where each manuscript is evaluated by at least two independent reviewers with relevant subject expertise. The journal maintains rigorous editorial and ethical standards in accordance with the Committee on Publication Ethics (COPE) Core Practices and internationally recognized transparency guidelines.

Open Access Policy

Economic Policy and Financial Innovation Review is a fully open access journal, ensuring that all published content is freely accessible worldwide. The journal supports global knowledge exchange and promotes high-quality research that contributes to the advancement of economic policy, financial systems, and evidence-based financial innovation.