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There has been a financial revolution lead by technology firms over the past decade. Many large established technology giants, from Google, Apple to Amazon in the US are entering the financial service industry. Smaller start-ups, in particular robotic advisors, a.k.a. Robo-Advisors, have been...
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This report explores the current landscape of Fintech development in the Hong Kong banking industry and how banks view the future of Fintech development in the next 10 years. It highlights the results of an industry-wide survey commissioned by the Hong Kong Institute for Monetary and Financial...
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, internet, and automated teller machines (ATMs) on banks' financial performance. Schumpeter's Theory of Innovation Diffusion and … availability, this study considers the causal effect of innovation on commercial bank performance via Granger causality test. The … period from NDIC annual reports, the Nigeria Inter-Bank Settlement System (NIBSS), and the Central Bank of Nigeria …
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The present study investigates how increasing bank accounts and bank concentration affect mobile money innovations in … 148 countries. It builds on scholarly and policy concerns in the literature that increasing bank accounts may not be … having the desired effects on financial inclusion on the one hand and on the other, that bank concentration which is a proxy …
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