Fintechs are believed to help expand credit access to underserved consumers without taking on additional risk. We …-practice minimum NPL ratio, the excess NPL ratio, and a statistical noise, the former two of which reflect the lender's inherent credit … are driven by inherent credit risk, rather than lending inefficiency. Smaller banks are less efficient. In addition, as of …

Can fintech credit fill the credit gap in the consumer and business segments? There are few cross-country studies that … explore this question. Focusing on marketplace lending, an important part of fintech credit, we use data for 109 countries … from 2015 to 2017 to study the relationship between fintech credit to businesses and consumers and various aspects of …

. The first is the best-practice minimum ratio that a lender could achieve if it were fully efficient at credit …) and the minimum ratio that gauges the lender’s relative proficiency at credit analysis and loan monitoring. The third is … inherent credit risk, and the highest lending efficiency, indicating that their high ratio of nonperformance is driven by …