driven financial innovation; and (iii) what the rise of fintech and bigtech implies for the structure of the financial system …

data indicate that bank failures in a county are associated with a reduction in debt and rewards crowdfunding, and total … crowdfunding (including donations and rewards as well, however, bank failures are statistically unrelated to those types of … crowdfunding in our empirical setting). The data are consistent with bank failures being associated with a reduction in the …

There has been a great deal of interest recently in understanding the potential role of fintech firms in expanding … credit access to the underbanked and credit-constrained consumers. We explore the supply side of fintech credit, focusing on … unsecured personal loans and mortgage loans. We investigate whether fintech firms are more likely than other lenders to reach …

theory of banking and the literature on digital transformation. It provides an explanation for existing trends and, by … banking and the all-digital banks. The paper contributes to an understanding of the future of banking, providing a framework … concluded that, in an increasingly digital world, trust will remain at the core of banking. That said, liquidity transformation …

This paper is a review of fintech and its interaction with banking. Included in fintech are innovations in payment … systems (including cryptocurrencies), credit markets (including P2P lending), and insurance, with blockchain-assisted smart … contract playing a role. The paper provides a definition of fintech, examines some statistics and stylized facts, and then …

In this article, we review some recent developments in the field of Financial Technology or “FinTech.” We begin with an … overview of what FinTech is and why it has become an important growth industry in the financial services area and therefore an … important research topic in finance. In the next section, we review some of the academic literature in the FinTech area. In the …