Open banking (OB) empowers bank customers to share transaction data with fintechs and other banks. 49 countries have … microdata shows that OB enables: i) consumers to access both financial advice and credit; ii) SMEs to establish new fintech …

less likely than white-owned recipients to borrow from banks and more likely to borrow from fintech lenders is driven … bank approval disparity is also larger in more racially biased counties. We conclude that insofar as automation by fintechs …

We analyze the effect of a major central bank digital currency (CBDC) - the digital euro - on the payment industry to … firms increase in response to positive announcements on the digital euro. Bank stocks do not react. We estimate a loss in …

In recent years, assets of non-bank financial intermediaries (NBFIs) have grown significantly relative to those of …. We argue instead that NBFI and bank businesses and risks are so interwoven that they are better described as having … contingent liquidity risk from the provision of credit lines to NBFIs; and (iii) Empirical work confirms bank-NBFI linkages …

INTRODUCTION -- Chapter 1 Fintech and Banking: An Overview. SECTION I: FINANCIAL TECHNOLOGIES AND THEIR EFFECTS ON THE … BANKING INDUSTRY -- Chapter 2 Centralized and Decentralized Finance: Coexistence or Convergence? -- Chapter 3 Fintech and the … Digital Transformation of the Banking Landscape -- Chapter 4 Shifting paradigms in banking: How new service concepts and …