of the traditional bank business model. Specialized providers of financial services can chip away activities that do not …

businesses who already have access to bank credit. Firms use FinTech to obtain long-term unsecured loans and reduce their … increase leverage and substitute long-term bank debt with FinTech debt. Our findings suggest that FinTech allows firms to …We show that FinTech lending affects credit markets and real economic activity using a unique data set of a Peer …

essential to improve productivity and equity while avoiding a polarisation of labour markets. E-commerce and fintech will likely … lead to a faster transmission of monetary policy. The rise of fintech brings about new risks for regulatory arbitrage and …

microdata from the European Central Bank's Consumer Expectations Survey, we find that most people prefer to use only one payment …

This paper describes a machine learning technique to timely identify cases of individual bank financial distress. Our … financial distress, in order to capture bank distress cases at an earlier stage with respect to the existing literature on bank … failures; by doing so, given the rarity of bank defaults in Europe we significantly increase the number of events on which to …

stronger competition implies significantly lower spreads between bank and market interest rates for most loan market products … bank interest rates, we likewise find that banks tend to price their loans more in accordance with the market in countries … where competitive pressures are stronger. Further, where loan market competition is stronger, we observe larger bank spreads …

relationship between retail payment business and overall bank performance. Using data from across 27 European markets over the … period 2000-07, we analyse whether the provisions of retail payment services are reflected in improved bank performance … of retail payment transaction technologies. Retail payment transaction technology itself can also improve bank …