Supersedes Working Paper 17-17 Fintech has been playing an increasing role in shaping financial and banking landscapes … billion to examine whether the fintech lending platform could expand credit access to consumers. We find that LendingClubâ … markets and in areas that have fewer bank branches per capita. We also find that the portion of LendingClub loans increases in …

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 financial companies (NBFC) in this category. Traditional banks in the public and private …

, and (iii) bank-fintech partnerships. Fintech disruption enhances market competition and facilitates credit intermediation …We build a financial intermediation model wherein bank and fintech intermediaries differ in their enforcement … to previously underserved borrowers, but crowds out bank-captive borrowers as banks experience low profitability and get …

regulation and Europeanisation of supervision, however, -so far neglecting differences in risk profiles and bank sizes … recent developments, we argue that FinTech applications are expected to complement, not to replace, existing banking and … financial services. However, we warn against existing regulatory loopholes and regulatory arbitrage for FinTech applications and …

loans for home buyers and small businesses, and restrictions on bank branching posed a high barrier to competition. Today … — leading to a 77 percent increase in the number of bank offices since the CRA's passage. Furthermore, a growing share of … their CRA evaluations — contravening the CRA's requirement that lending be consistent with bank safety and soundness. In …

later in the sample period, suggesting that fintech lenders improve financial inclusion to circumvent direct competition …Contrary to common perceptions, we find that fintech shadow banks do not possess technological advantages over … the past decade. Consequently, although fintech shadow banks could charge a higher rate than traditional banks without …

, we show that fintech loans to entrepreneurs are more likely to be unsecured and short-term while bank loans are expected … to be asset-backed and long-term. The findings suggest that fintech lenders substitute data for collateral to leverage …

study first uses micro data from FinTech companies to construct city-level FinTech measurement indicators in China. An …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 …

out bank deposits. In response, banks more exposed to Fintech competition do not cut their lending, but reduce liquid … FinTech on bank intermediation are stronger during monetary tightening, (iv) There is no evidence that FinTech competition … competition between FinTech companies and banks in the deposit market. Using proprietary data from a leading Chinese FinTech …