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Do Fintech lenders penetrate areas that are underserved by traditional banks?

Jagtiani, Julapa; Lemieux, Catharine M. - 2018

markets and in areas that have fewer bank branches per capita. We also find that the portion of LendingClub loans increases in …

Persistent link: https://www.econbiz.de/10011891828

Regulators nurturing FinTech innovation : global evolution of the regulatory sandbox as opportunity based regulation

Ahern, Deirdre - 2020

The regulatory sandbox is a real world alternative to regulatory lag. Its emergence as a novel regulatory development responds to challenges faced by FinTech innovators in navigating an unwieldy regulatory landscape not designed with FinTech in mind. Regulatory sandboxes are in operation in...

Persistent link: https://www.econbiz.de/10012427907

Curbing credit corruption in China : the role of FinTech

Su, Fan; Xu, Chao - In: Journal of innovation & knowledge : JIK 8 (2023) 1, pp. 1-14

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...

Persistent link: https://www.econbiz.de/10014372086

Regulatory Arbitrage in a FinTech World : Devising an Optimal EU Regulatory Response to Crowdlending

Ahern, Deirdre M. - 2018

The article begins by addressing central definitional and taxonomical issues for crowdlending (also known as peer-to-peer lending) as an evolving species of debt-based crowdfunding within the FinTech industry. It considers the regulatory tension between facilitating growth of the crowdlending...

Persistent link: https://www.econbiz.de/10012921471

Financial-Return Crowdfunding and Regulatory Approaches in the Shadow Banking, Fintech and Collaborative Finance Era

Macchiavello, Eugenia - 2018

The relationship between financial innovators and regulators has been historically tense, with financial innovators taking advantage of loopholes and regulators desperately trying to keep pace with innovations while dealing with limited resources and long bureaucratic processes. Nonetheless, in...

Persistent link: https://www.econbiz.de/10012931808

Fintech Lenders : A Threat to Shadow Banks?

Banerjee, Ashok; Banerjee, Anirban; Mukherjee, Deep Narayan - 2022

We study the personal loan segment of the consumer credit market using individual loan-level data covering fintech, non-banking financial companies, and traditional banks as lenders. We show that fintech lenders dominate the small-ticket loan and provide stiff competition to non-banking...

Persistent link: https://www.econbiz.de/10013491764

COVID-19, Banks, and Fintechs

Hill, Julie Andersen - 2021

pandemic hastened the adoption of technology by traditional banks and opened new partnership opportunities for non-bank fintech … technology does not live up to its promise, the pandemic encouraged regulators to scrutinize banks' use of technology and bank …

Persistent link: https://www.econbiz.de/10013241664

The Shift in Bank Credit Allocation : New Data and New Findings

Bezemer, Dirk Johan - 2017

In this paper we present a new data set on bank credit in four categories: home mortgages, consumer credit, bank loans … to non-bank financials, and loans to non-financial business, for 74 economies over 1990–2013. We offer a full description … trends including the shift in bank credit allocation away from traditional business lending. The literature suggests …

Persistent link: https://www.econbiz.de/10012953465

The Dark Side of Universal Banking : Financial Conglomerates and the Origins of the Subprime Financial Crisis

Wilmarth, Arthur E. - 2009

Persistent link: https://www.econbiz.de/10013159841

Echo Epidemics : Control Fraud Epidemics Generate 'White-Collar Street Crime' Epidemics - Comment on: Mortgage Origination Fraud and the Global Economic Crisis: A Criminological An...

Black, William K. - 2010

“Control fraud” drove the crisis. Control fraud occurs when those that control a seemingly legitimate entity use it as a “weapon” to defraud. In finance, accounting is the “weapon of choice.” Regulators, criminologists, and criminologists have documented the pervasive role of control...

Persistent link: https://www.econbiz.de/10013143482