It is proposed to create a National Payment System, which will allow on a qualitatively new level to solve two important tasks: strengthening the role of the state as the controller of the national currency turnover and overcoming corruption and shadow economy.The main idea of this new concept...

This study examines the firm size distribution of US financial institutions. A truncated lognormal distribution describes the size distribution, measured using assets data, of a large population of small, community-based commercial banks. The size distribution of a smaller but increasingly...

Bank profitability in the USA was extremely high in the pre-crisis period, yet this did not prevent the current crisis. It has become clear that these profits were on shaky grounds and also that bank profits were not used to buttress banks' capital bases. This paper analyses the effects of...

In this paper we study how competition and financial soundness affect financial inclusion in Sub-Saharan Africa (SSA). We use detailed individual-level survey data, combined with key country-level indicators of bank competition and financial soundness, to study the effect on the adoption of...

The Authority for Consumers & Markets has conducted a study into the potential effects of standard products on competition in the financial sector. The analysis shows that it is not likely that standard products will increase competition in financial markets. There is a risk that providers...

This paper analyzes the monthly evolution of bank competition in Mexico from 2008 to 2019 using different measures. Subsequently, we analyze whether the 2014 financial reform had an effect on some of our competition measures. We use ordinary and quantile regression techniques and Markov...

This paper analyzes the monthly evolution of bank competition in Mexico from 2008 to 2019 using different measures. Subsequently, we analyze whether the 2014 financial reform had an effect on some of our competition measures. We use ordinary and quantile regression techniques and Markov...

The contribution of institutionally diversified financial sectors to more sustainable growth and financial stability-in particular the role of effective local banking structures—is not always fully appreciated, whether in the context of development cooperation or in policy discussions in the...

Using a model based on the work of Duarte and Eisenbach (2015), I stress test the Canadian banking system using publicly available data from 1996 to 2015. I find that the Canadian banking system is resilient to all but the most extreme event. This is because (i) strong macroprudential regulation...

In the context of developing FinTech innovation, a commercial bank's use of FinTech innovation can improve its risk management capability, thereby reducing its risk-taking. This paper explores the impact and mechanism of a bank's FinTech innovation on its risk-taking using panel data of 65...