Bank FinTech and credit risk: comparison of selected emerging and developed countries

经济 金融体系 新兴市场 信用风险 货币经济学 精算学 宏观经济学
作者
Chietra Aracely Anestiawati,Citra Amanda,Hengdhamma Khantinyano,Angelica Agatha
出处
期刊:Studies in Economics and Finance [Emerald Publishing Limited]
标识
DOI:10.1108/sef-12-2023-0714
摘要

Purpose This paper aims to explore FinTech’s global impact in 40 countries, including the top 20 developing and developed nations, investigates FinTech’s complicated effects in emerging and mature economies, considering bank-specific characteristics, macroeconomic variables, market rivalry and technology. Design/methodology/approach Fixed effect regression is used to examine the baseline model before adding the efficient generalized method of moments (GMM) model to resolve endogeneity-induced biases. The panel regression model requires an efficient GMM estimate and a linear panel model with non-linear moment conditions. This research also uses a sequential test for multiple breaks at unknown breakpoints, comparing F-statistics to critical values at various significance levels. Findings The results show that NPL is substantially affected by prior NPL, with the preceding period’s greater NPL raising it and the two periods before decreasing it. Digital lending (DL) proportionally raises NPLs. Innovation-driven emerging countries have more NPLs and faster FinTech growth due to rapid adoption beyond restrictions. Rapid FinTech advances require stronger regulation for financial inclusion and economic progress in developing countries. Additionally, DL usage has remained steady due to gradual technology adoption, while digital capital raising has consistently grown, showing resilience to market shocks. Research limitations/implications Due to FinTech’s quick innovation and legislative changes, conclusions should be applied cautiously. There may be gaps in the study on varied settings and long-term effects. Practical implications FinTech credit expansion globally drives central banks and authorities to monitor economic conditions, advise monetary policies and resolve competitive and regulatory arbitrage concerns. Studies show digital banking’s reach into underprivileged communities helps mortgage financing. Financial firms using FinTech for credit risk management show a dedication to risk assessment and decision-making. The practical effects show that FinTech adoption, credit risk and financial inclusion have pros and cons in different economic circumstances. Social implications As central authorities use FinTech data for policy decisions, there’s potential for enhanced financial inclusion, fostering social equity and empowerment. In economies with high financial exclusion, FinTech development becomes a catalyst for broader access to financial services. However, concerns about FinTech’s correlation with traditional banks underscore the need for robust regulatory frameworks to ensure fair competition and consumer protection. Striking a balanced approach to FinTech adoption can lead to a more inclusive financial landscape, positively impacting individuals and communities traditionally underserved by conventional banking systems. Originality/value This research stands out in its comprehensive exploration of FinTech effect to the bank credit risk, delving into economic, regulatory and societal aspects. The focus on global FinTech credit expansion uniquely highlights the interconnected roles of central banks, regulatory authorities and financial institutions, outlining potential risks and benefits. The study’s nuanced analysis of FinTech’s impact on credit risk and financial inclusion provides distinctive insights, stressing the need for balanced adoption to foster inclusive economic growth. In essence, this research brings an original perspective to the intricate interplay between FinTech and global financial dynamics.
最长约 10秒,即可获得该文献文件

科研通智能强力驱动
Strongly Powered by AbleSci AI
更新
PDF的下载单位、IP信息已删除 (2025-6-4)

科研通是完全免费的文献互助平台,具备全网最快的应助速度,最高的求助完成率。 对每一个文献求助,科研通都将尽心尽力,给求助人一个满意的交代。
实时播报
韦谷兰发布了新的文献求助10
1秒前
QQQ发布了新的文献求助10
1秒前
Bio应助哈哈采纳,获得30
1秒前
2秒前
2秒前
kkmedici发布了新的文献求助30
2秒前
叮咚完成签到,获得积分10
3秒前
不想完成签到,获得积分10
3秒前
这样很OK完成签到,获得积分10
4秒前
GXWFDC完成签到,获得积分10
4秒前
西瓜汁完成签到,获得积分10
4秒前
Lisa完成签到,获得积分20
5秒前
含糊发布了新的文献求助10
6秒前
QQQ完成签到,获得积分10
6秒前
6秒前
7秒前
8秒前
情怀应助QQQ采纳,获得10
9秒前
Lucas应助Likee采纳,获得10
9秒前
成就的面包完成签到,获得积分10
10秒前
10秒前
自觉羊完成签到 ,获得积分10
10秒前
冰琪完成签到,获得积分10
11秒前
11秒前
英俊的铭应助无限师采纳,获得30
12秒前
12秒前
lili完成签到,获得积分10
12秒前
QQiang6发布了新的文献求助10
12秒前
虾米发布了新的文献求助10
12秒前
12秒前
SciGPT应助肖肖采纳,获得10
13秒前
华仔应助EgoElysia采纳,获得10
13秒前
llll发布了新的文献求助10
14秒前
林林林林发布了新的文献求助10
16秒前
冰琪发布了新的文献求助10
16秒前
17秒前
王星星发布了新的文献求助10
17秒前
小二郎应助QQiang6采纳,获得10
18秒前
20秒前
21秒前
高分求助中
A new approach to the extrapolation of accelerated life test data 1000
ACSM’s Guidelines for Exercise Testing and Prescription, 12th edition 500
‘Unruly’ Children: Historical Fieldnotes and Learning Morality in a Taiwan Village (New Departures in Anthropology) 400
Indomethacinのヒトにおける経皮吸収 400
Phylogenetic study of the order Polydesmida (Myriapoda: Diplopoda) 370
基于可调谐半导体激光吸收光谱技术泄漏气体检测系统的研究 350
Robot-supported joining of reinforcement textiles with one-sided sewing heads 320
热门求助领域 (近24小时)
化学 材料科学 医学 生物 工程类 有机化学 生物化学 物理 内科学 纳米技术 计算机科学 化学工程 复合材料 遗传学 基因 物理化学 催化作用 冶金 细胞生物学 免疫学
热门帖子
关注 科研通微信公众号,转发送积分 3988838
求助须知:如何正确求助?哪些是违规求助? 3531250
关于积分的说明 11252914
捐赠科研通 3269838
什么是DOI,文献DOI怎么找? 1804820
邀请新用户注册赠送积分活动 881943
科研通“疑难数据库(出版商)”最低求助积分说明 809028