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purpose of reinventing financial technology (fintech). We find that countries witness more fintech startup formations when the … lower the number of fintech startups in a country. Overall, the evidence suggests that fintech startup formation need not be …
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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 a payment instrument depend on the number of...
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technologies (fintech) can improve supply chain finance efficiency. This paper therefore proposes a conceptual and analytical … framework to study how fintech can close the financing gap by reducing information friction. We classify fintech into two … and only if the investment is sufficiently small. Due to "double marginalization," a bank's optimal fintech investment is …
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Peer-to-peer lending (P2PL) FinTech is growing rapidly in Indonesia. With its flexibility and simplicity, P2PL reduces …
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