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
jane完成签到 ,获得积分10
2秒前
4秒前
瑾玉完成签到,获得积分10
4秒前
6秒前
Akim应助duckspy采纳,获得10
6秒前
那种完成签到,获得积分10
6秒前
liuyanq完成签到,获得积分20
6秒前
7秒前
普鲁卡因发布了新的文献求助10
8秒前
加油杨完成签到 ,获得积分10
9秒前
liuyanq发布了新的文献求助10
12秒前
随风完成签到,获得积分10
15秒前
量子星尘发布了新的文献求助10
17秒前
米九完成签到,获得积分10
19秒前
zhao完成签到,获得积分10
22秒前
普鲁卡因发布了新的文献求助10
22秒前
zj完成签到,获得积分10
28秒前
蓝橙完成签到,获得积分10
29秒前
33秒前
GD88完成签到,获得积分10
34秒前
糟糕的梨愁完成签到,获得积分10
35秒前
莫西莫西完成签到 ,获得积分10
36秒前
小趴蔡完成签到 ,获得积分10
38秒前
唐唐发布了新的文献求助10
38秒前
飘逸剑身完成签到,获得积分10
41秒前
airtermis完成签到 ,获得积分10
41秒前
gfasdjsjdsjd完成签到,获得积分10
42秒前
42秒前
杨宁完成签到 ,获得积分10
42秒前
MchemG应助transition采纳,获得20
43秒前
科研通AI2S应助科研通管家采纳,获得10
44秒前
lxy发布了新的文献求助10
46秒前
gfasdjsjdsjd发布了新的文献求助10
47秒前
JCao727完成签到,获得积分10
47秒前
47秒前
48秒前
OAHCIL完成签到 ,获得积分10
49秒前
lixueao发布了新的文献求助10
50秒前
无辜的行云完成签到 ,获得积分0
53秒前
FIN应助gfasdjsjdsjd采纳,获得20
55秒前
高分求助中
【提示信息,请勿应助】关于scihub 10000
Les Mantodea de Guyane: Insecta, Polyneoptera [The Mantids of French Guiana] 3000
徐淮辽南地区新元古代叠层石及生物地层 3000
The Mother of All Tableaux: Order, Equivalence, and Geometry in the Large-scale Structure of Optimality Theory 3000
Handbook of Industrial Diamonds.Vol2 1100
Global Eyelash Assessment scale (GEA) 1000
Picture Books with Same-sex Parented Families: Unintentional Censorship 550
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 4038128
求助须知:如何正确求助?哪些是违规求助? 3575831
关于积分的说明 11373827
捐赠科研通 3305610
什么是DOI,文献DOI怎么找? 1819255
邀请新用户注册赠送积分活动 892655
科研通“疑难数据库(出版商)”最低求助积分说明 815022