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FinTech has proven its true potential in traditional financial offerings by delivering digital financial services to …-term changes to societies and economies. FinTech has expanded access to financial services and has made such changes possible …. FinTech or Financial Technology refers to using new technologies for financial services. Artificial Intelligence, Blockchain …
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Improvements in technology, coupled with growing demand for digital payment methods, are increasingly reshaping the way payments are made. Non-bank institutions now offer a wide range of retail payment services. This raises the question of where the regulatory perimeter should be drawn....
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US households that lack digital means of making and receiving payments cannot participate fully in an increasingly digitized economy. Assessing the scope of this problem and addressing it requires a definition of households that are underserved in digital payments. Traditional definitions of...
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I investigate the impact of contactless credit cards (CTCs) on cash use in Canada, using panel data between 2010 and 2017. I show that ignoring unobserved heterogeneity would lead to overstating the impact of CTCs on cash usage in a linear model. Using finite mixture modelling, I provide...
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