FinTech Adoption and Its Influence on Sustainable Mineral Resource Management in the United States

Sustainable mineral resource management is critical amid escalating environmental concerns and growing demand for minerals in digital and clean energy technologies. While financial technology (FinTech) has been widely recognized for enhancing financial inclusion and economic efficiency, its role in environmental governance—particularly in the mining sector—remains underexplored, especially within developed economies like the United States. This study addresses this gap by examining how FinTech adoption influences mineral sustainability, using time series data from 1998 to 2023. Four FinTech proxies—mobile cellular subscriptions, Internet usage, fixed broadband access, and financial inclusion—were analyzed alongside environmental compliance and investment in sustainable mining technologies. Using the Autoregressive Distributed Lag (ARDL) model and Frequency Domain Causality (FDC) analysis, the results show that greater FinTech adoption significantly reduces mineral depletion rates, indicating improved sustainability. Internet and broadband access exhibit strong long-term impacts, while mobile connectivity and credit access show notable short- and medium-term effects. Investment in sustainable mining technologies further enhances these outcomes. Our findings suggest that FinTech serves as a multidimensional enabler of sustainability through digital inclusion, transparency, and access to green financing. This study provides empirical evidence to guide policymakers in integrating digital financial infrastructure into strategies for sustainable mineral resource governance.

Authors

Institutions

Publication Details

Journal
Resources
Published
2025-06-16
DOI
https://doi.org/10.3390/resources14060101
Citations
2
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
4.57

Funders

Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

FinTech Adoption and Its Influence on Sustainable Mineral Resource Management in the United States

Tapan Sarker, Syed Masiur Rahman, Asif Raihan, Mohammad Ridwan
2 citations
Resources
FinTech, Crowdfunding, Digital Finance
4.57
article

FinTech Adoption and Its Influence on Sustainable Mineral Resource Management in the United States

Tapan Sarker, Syed Masiur Rahman, Asif Raihan, Mohammad Ridwan
article en
2 citations

Abstract

Sustainable mineral resource management is critical amid escalating environmental concerns and growing demand for minerals in digital and clean energy technologies. While financial technology (FinTech) has been widely recognized for enhancing financial inclusion and economic efficiency, its role in environmental governance—particularly in the mining sector—remains underexplored, especially within developed economies like the United States. This study addresses this gap by examining how FinTech adoption influences mineral sustainability, using time series data from 1998 to 2023. Four FinTech proxies—mobile cellular subscriptions, Internet usage, fixed broadband access, and financial inclusion—were analyzed alongside environmental compliance and investment in sustainable mining technologies. Using the Autoregressive Distributed Lag (ARDL) model and Frequency Domain Causality (FDC) analysis, the results show that greater FinTech adoption significantly reduces mineral depletion rates, indicating improved sustainability. Internet and broadband access exhibit strong long-term impacts, while mobile connectivity and credit access show notable short- and medium-term effects. Investment in sustainable mining technologies further enhances these outcomes. Our findings suggest that FinTech serves as a multidimensional enabler of sustainability through digital inclusion, transparency, and access to green financing. This study provides empirical evidence to guide policymakers in integrating digital financial infrastructure into strategies for sustainable mineral resource governance.

ResourcesVol. 14(6)
King Fahd University of Petroleum and Minerals (SA), University of Southern Queensland (AU), Noakhali Science and Technology University (BD)
King Fahd University of Petroleum and Minerals
Openalex Percentile: Top 6%
FinTech, Crowdfunding, Digital Finance
4.57
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.