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The financial system is currently confronted with tremendous challenges from the global economy, trade, politics, demographics, and most recently from enormous technological advancements. These developments have the capacity to change the existing financial system fundamentally. This book...
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FinTech is an emerging financial innovation model that promotes a "technological anti-corruption" effect. Credit … corruption is a worldwide problem; however, previous studies have not focused on the anti-corruption effect of FinTech. This … study first uses micro data from FinTech companies to construct city-level FinTech measurement indicators in China. An …
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Economic frictions such as information asymmetries and economic forces such as economies of scale and scope give rise to financial intermediaries. These frictions and forces also shape market structure. While technological advances are not new to finance, digital innovation has brought major...
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"The book provides deep insight into theoretical and empirical evidence on information and communication technologies (ICT) as an important factor affecting financial markets. It is focused on the impact of ICT on stock markets, bond markets, and other categories of financial markets, with the...
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