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The arrival of “FinTech” – non-bank companies offering financial services through new technology – has changed the regulatory landscape of the financial markets. This is especially the case in the funds transfer market. While terrorist finance might have once been more at risk of...
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One of the most consequential yet unexamined developments in finance is the recent evolution of large financial technology platforms. In the first analysis of its kind, we scrutinize the world's $50 trillion investment and asset management industry to explore the function of these systems, to...
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This paper studies the economic impact of the emergence of FinTech platforms on financial intermediation. In China, platform distributions of mutual funds emerged in 2012 and grew quickly into a formidable presence. Utilizing the staggered fund entrance onto platforms, we find markedly increased...
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This study examines the nature, trend, and patterns of FinTech equity funding and the number of FinTech agreements on a different scale. The distribution of FinTech equity financing and FinTech deals have been scrutinized globally, regionally, and between different income groups on the...
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