Showing 1 - 10 of 40
We study the effects of technological change on financial intermediation, distinguishing between innovations in information (data collection and processing) and communication (relationships and distribution). Both follow historic trends towards an increased use of hard information and less...
Persistent link: https://www.econbiz.de/10012300645
fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across …
Persistent link: https://www.econbiz.de/10012001580
We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash, CBDC and bank deposits according to their preferences over anonymity and security; and where network effects make the convenience of payment instruments dependent on the number of...
Persistent link: https://www.econbiz.de/10012154802
policy makers. Fintech provides opportunities to deepen financial development, competition, innovation, and inclusion in the … the evolution of fintech in LAC. In particular, the paper focuses on financial development, fintech landscape for domestic …
Persistent link: https://www.econbiz.de/10012009989
financial inclusion. There is no clear evidence that fintech developments have supported greater financial inclusion in LAC … fintech. However, fintech development seems to have accelerated in the wake of the COVID-19 pandemic and with the support of …
Persistent link: https://www.econbiz.de/10012796812
fintech payment and lending activities compared to some other regions. But fintech activity is growing rapidly. Digital …-based approaches under minimal regulation, there is a clear trend for fintech companies to acquire balance sheets and, relatedly …, banking licenses as they expand. Meanwhile, competition is pushing many traditional banks to adopt fintech instruments, either …
Persistent link: https://www.econbiz.de/10012392562
Technology Department, this paper examines fintech and the related area of cybersecurity from the perspective of central bank … examples of central bank risks related to fintech and cybersecurity. The paper highlights that fintech- and cybersecurity …
Persistent link: https://www.econbiz.de/10012604809
investigates the early impact of fintech development in the region thus far. Against the backdrop of high net interest margins …. Difference-in-difference regressions and case studies on Brazil and Mexico suggest that fintech is associated with a reduction in …
Persistent link: https://www.econbiz.de/10012605062
The rapid uptake of mobile money in recent years has generated new data needs and growing interest in understanding its impact on broad money. This paper reviews mobile money trends using mobile money data from the Financial Access Survey (FAS) and examines the statistical treatment of mobile...
Persistent link: https://www.econbiz.de/10012605686
This paper analyzes the potential for fintech to facilitate cheaper and more efficient remittances, and to enhance … alliances between traditional and fintech operators, digital remittances can further reduce transaction costs and reach those … remote, low-income households in a timely and secure manner. A meaningful expansion of fintech remittances necessitates an …
Persistent link: https://www.econbiz.de/10012610695