This paper assesses the potential impact of FinTech on the finance industry, focusing on financial stability and access … to services. I document first that financial services remain surprisingly expensive, which explains the emergence of new …, and therefore unlikely to deliver much structural change. FinTech, on the other hand, can bring deep changes but is likely …

Digital technologies and fintech firms have rapidly reshaped the consumer financial landscape in recent years, and have … autopay are also experiencing increased takeup, a trend that could be accelerated by innovations such as open banking. I … examine the extent to which autopay affects payment behavior for customers of a credit card serviced by a fintech company …

typically benefits banks. Using proprietary data from a leading Chinese FinTech company, we study Fintech's role in ending … already widely-adopted household payment platform. Cities and banks whose depositor base is more exposed to FinTech see … greater deposit outflows. Importantly, exposed banks respond to FinTech competition by offering competing products with market …

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 …

potential role of digital banking in substantially reducing regional heterogeneity …

fintech-exposed jobs. Financial firms and those with high innovation outputs are able to offset the disruptive effect from the …This paper studies how demand for labor reacts to financial technology (fintech) shocks based on comprehensive … databases of fintech patents and firm job postings in the U.S. during the past decade. We first develop a measure of fintech …

. Epidemic exposure is associated with an increase in remote-access (online/mobile) banking and substitution from bank branch …

-advising is likely to democratize access to financial services. Big data is likely to reduce the impact of negative prejudice in …