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The emergence of the global fintech market : economic and technological determinants

Haddad, Christian; Hornuf, Lars - 2016 - This Version: August 25, 2016

purpose of reinventing financial technology (fintech). We find that countries witness more fintech startup formations when the … lower the number of fintech startups in a country. Overall, the evidence suggests that fintech startup formation need not be …

Persistent link: https://www.econbiz.de/10011547910

Cryptocurrencies, technology stocks, Covid-19 and US policy responses: a fractional integration analysis

Abakah, Emmanuel Joel Aikins; Caporale, Guglielmo Maria; … - 2022

This paper assesses the impact of US policy responses to the Covid-19 pandemic on various cryptocurrencies and also technology stocks using fractional integration techniques. More precisely, it analyses the behaviour of the percentage returns in the case of nine major coins (Bitcoin - BITC,...

Persistent link: https://www.econbiz.de/10013041344

The impact of fintech startups on financial snstitutions' performance and default risk

Haddad, Christian; Hornuf, Lars - 2021 - This version: April 24, 2021

We study the impact fintech startups have on the performance and the default risk of traditional financial institutions …. We find a positive relationship between fintech startup formations and incumbent institutions' performance for the period … fintech startup formations and the default risk of traditional financial institutions. Fintech startup formations decreases …

Persistent link: https://www.econbiz.de/10012509553

Personal communication in a Fintech World : evidence from loan payments

Laudenbach, Christine; Pirschel, Jenny; Siegel, Stephan - 2018

We examine the effect of personal, two-way communication on the behavior of borrowers, who have fallen behind on their consumer loan payments. While the lender has informed all borrowers about the delinquency through an automatically generated letter, some borrowers also receive a phone call...

Persistent link: https://www.econbiz.de/10011924549

How do banks interact with fintechs? : forms of alliances and their impact on bank value

Hornuf, Lars; Klus, Milan Frederik; Lohwasser, Todor S.; … - 2018 - This Version: July 18, 2018

banks to form alliances with fintechs. Furthermore, we analyze whether such bank-fintech alliances affect the market … Officer. We evidence that markets react more strongly if digital banks rather than traditional banks announce a bank-fintech … the fintech and that banks most often cooperate with fintechs providing payment services. …

Persistent link: https://www.econbiz.de/10011882455

The impact of peer-to-peer lending on small business loans

Kim, Jin-hyuk; Stähler, Frank - 2020

We investigate the impact of peer-to-peer lending on the small business loans originated by US depository institutions that are subject to the Community Reinvestment Act. We present a model where a borrower can choose between a traditional bank and a crowdlending platform and show that the entry...

Persistent link: https://www.econbiz.de/10012212849

Epidemic exposure, fintech adoption, and the digital divide

Saka, Orkun; Eichengreen, Barry; Aksoy, Cevat Giray - 2021

We ask whether epidemic exposure leads to a shift in financial technology usage within and across countries and if so who participates in this shift. We exploit a dataset combining Gallup World Polls and Global Findex surveys for some 250,000 individuals in 140 countries, merging them with...

Persistent link: https://www.econbiz.de/10012597099

Welfare effect of closing loopholes in the dividend-withholding tax : the case of cum-cum and cum-ex transactions

Casi-Eberhard, Elisa; Gavrilova, Evelina; Murphy, David; … - 2022

We study the effect of reforms that close loopholes in the enforcement of the dividend-withholding tax (DWT). We focus on a Danish reform enacted in 2016, and compare Denmark to its Nordic neighbors. Our main outcome of interest is the quantity of stocks on loan. Before the reform all Nordic...

Persistent link: https://www.econbiz.de/10012822099

Financial development, cycles and income inequality in a model with good and bad projects

Bougheas, Spiros P.; Commendatore, Pasquale; Gardini, Laura - 2022

We introduce a banking sector and heterogeneous agents in the Matsuyama et al. (2016) dynamic over-lapping generations neoclassical model with good and bad projects. The model captures the benefits and costs of an advanced banking system which can facilitate economic development when allocates...

Persistent link: https://www.econbiz.de/10013465706

Promise not fulfilled : FinTech, data privacy, and the GDPR

Dorfleitner, Gregor; Hornuf, Lars; Kreppmeier, Julia - 2021

This article analyzes how the General Data Protection Regulation (GDPR) has affected the privacy practices of FinTech …

Persistent link: https://www.econbiz.de/10012649756