BigTech, FinTech, and banks: A tangle or unity?

被引:11
|
作者
Karim, Sitara [1 ]
Lucey, Brian M. [2 ,3 ,4 ,5 ]
机构
[1] Sunway Univ, Sunway Business Sch, Dept Econ & Finance, Subang Jaya, Malaysia
[2] Trinity Coll Dublin, Trinity Business Sch, Dublin, Ireland
[3] Univ Econ Ho Chi Minh City, Ho Chi Minh City, Vietnam
[4] Jiangxi Univ Finance & Econ, Jiangxi, Peoples R China
[5] Abu Dhabi Univ, Coll Business, Abu Dhabi, U Arab Emirates
关键词
BigTech; Credit Risk; FinTech; Personal loans; Performance;
D O I
10.1016/j.frl.2024.105490
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
We examined the dual impact of BigTech and FinTech financing on traditional banking metrics like personal loans, credit risk, and bank performance. Through baseline regressions, alternative measures, endogeneity checks, and sub -sample analysis, our findings reveal an inverse relationship between BigTech and FinTech financing with personal loans and credit risk, suggesting severe challenges to traditional banking practices. Conversely, a positive correlation with bank performance indicates that while BigTech and FinTech disrupt certain aspects of banking, they also present opportunities for adaptation to blockchain-based financing mechanisms. Further evidence also confirmed these findings. The study informs various policymakers, stakeholder, and academic scholars.
引用
收藏
页数:10
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