Proceedings of the 2nd International Conference on Innovations and Challenges in Financial Technology (ICICFT 2025)

2nd International Conference on Innovations and Challenges in Financial Technology (ICICFT 2025)

📍Bangalore, India🗓️ 7-8 November 2025
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Evaluating the Effectiveness and User Adoption of Digital Financial Planning Tools: A Study with Reference to Individual Investors

Authors
N. Kokila1, *, T. K. Madhumathi2
1Research Scholar, School of Economics and Commerce, CMR University, Bangalore, India
2Assistant Professor, School of Economics and Commerce, CMR University, Bangalore, India
*Corresponding author. Email: kokila.n@cmr.edu.in
Corresponding Author
N. Kokila
Available Online 7 September 2026.
DOI
10.2991/978-94-6239-772-9_20How to use a DOI?
Keywords
Digital Financial Planning; FinTech; Technology Acceptance Model; Financial Literacy; Robo-Advisors; Investor Behavior; Behavioral Intention; UTAUT; India
Abstract

The rapid proliferation of financial technology (FinTech) has fundamentally transformed how individual investors engage with financial planning and wealth management. This paper evaluates the effectiveness and user adoption of digital financial planning tools among individual investors, with particular reference to the Indian context. The proposed the study identified perceived benefits, easy to use the technology, trust, financial literacy and perceived risk factors as a determinant of the behavioral and adoption intention technology based financial planning system. The framework is situated within India’s distinctive demographic and economic landscape characterized by a young, digitally engaged workforce, rising income levels, and accelerating financial market participation which provides fertile ground for FinTech growth while simultaneously posing challenges related to trust, risk sensitivity, and financial competence. The paper makes theoretical contributions to the FinTech adoption literature provides insightful ideas for developers, policymakers, and financial advisors.

Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2nd International Conference on Innovations and Challenges in Financial Technology (ICICFT 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
7 September 2026
ISBN
978-94-6239-772-9
ISSN
2352-5428
DOI
10.2991/978-94-6239-772-9_20How to use a DOI?
Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - N. Kokila
AU  - T. K. Madhumathi
PY  - 2026
DA  - 2026/09/07
TI  - Evaluating the Effectiveness and User Adoption of Digital Financial Planning Tools: A Study with Reference to Individual Investors
BT  - Proceedings of the 2nd International Conference on Innovations and Challenges in Financial Technology (ICICFT 2025)
PB  - Atlantis Press
SP  - 247
EP  - 256
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-772-9_20
DO  - 10.2991/978-94-6239-772-9_20
ID  - Kokila2026
ER  -