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FinTech is an emerging financial innovation model that promotes a "technological anti-corruption" effect. Credit … corruption is a worldwide problem; however, previous studies have not focused on the anti-corruption effect of FinTech. This … study first uses micro data from FinTech companies to construct city-level FinTech measurement indicators in China. An …
Persistent link: https://www.econbiz.de/10014372086
Economic frictions such as information asymmetries and economic forces such as economies of scale and scope give rise to financial intermediaries. These frictions and forces also shape market structure. While technological advances are not new to finance, digital innovation has brought major...
Persistent link: https://www.econbiz.de/10012592889
Globally, digital financial systems have not only involved with the payment transactions, but it has also become a transfer of economic units among international institutions. The system needs to be robust with more transparency and minimum errors. This can ensure the fastness, accuracy of...
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This paper examines how digital finance development affects household risk sharing in China. We provide convincing …
Persistent link: https://www.econbiz.de/10014226679
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), mobile internet tariffs, handset prices, political stability, control of corruption and cybersecurity. In general, the … regression yielded good results. Factors such as GDP per capita, political stability, control of corruption, mobile 4G coverage …
Persistent link: https://www.econbiz.de/10012483598
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We document the effects of the COVID-19 pandemic on digital finance and fintech adoption and usage. Drawing on mobile application data from 71 countries, we estimate that the spread of COVID-19 and related government lockdowns led to between a 33.1 and 36.6 percent increase in the relative rate...
Persistent link: https://www.econbiz.de/10012219350
Digital technology applied to banking and financial transactions or e-finance in general has made financial services more widely available and affordable to consumers. And with appropriate and affordable technologies and applications, the financially excluded and the unserved can participate in...
Persistent link: https://www.econbiz.de/10011993038