In the distribution of the Paycheck Protection Program’s (PPP) $780 billion in funds, FinTech lenders began minimally … with five additional measures and extensive supporting analysis. FinTech loans exhibit sharp and discontinuous increases in … misreporting at maximum loan thresholds and at round loan amounts. FinTech loans are more than 3.5 times as likely to be initiated …

fintech payment and lending activities compared to some other regions. But fintech activity is growing rapidly. Digital …-based approaches under minimal regulation, there is a clear trend for fintech companies to acquire balance sheets and, relatedly …, banking licenses as they expand. Meanwhile, competition is pushing many traditional banks to adopt fintech instruments, either …

loan from a fintech lender than a traditional bank. Among conventional lenders, smaller banks were much less likely to lend … to show that the disparity is not primarily explained by differences in pre-existing bank or credit relationships, firm … financial positions, fintech affinity, or borrower application behavior. In contrast, we document that Black-owned businesses …

control over their data, affects fintech lending. To develop hypotheses we build a parsimonious screening model. Consumers … apply for loans with banks and a fintech that has a superior but data-intensive screening technology. However, consumers … dislike sharing their data, and in particular with the fintech. We empirically show that the introduction of the CCPA, by …

, using a difference-in-difference methodology. The Act tightened traditional bank credit standards on business loans …, especially for small firms. However, the new FinTech lenders were not subject to the same regulatory burden. We find that … traditional banks significantly reduced their lending to small businesses, as compared to their FinTech competitors. Our results …

Purpose – This paper aims to provide an in-depth examination of the emergent state of financial technology (fintech ….Design/methodology/approach – Using the highly influential articles published in fintech, we identify the advantages and disadvantages of each significant … fintech in the credit, deposit, and capital-raising services sector. We assess the adoption of these services and the …