Fintechs or traditional banks, what you prefer?

2 Recommendations

Djénéba Traoré

Université des Lettres et des Sciences Humaines de Bamako (ULSHB)- Mali

Both are good. I use both of them. It depends on the purpose.

20 Recommendations

Jan Jansen

Hogeschool Arnhem en Nijmegen

supervision of the central bank is essential! So fin techs and banks should have a central bank accreditation

University of Kelaniya

Anagnostopoulos, I. (2018). Fintech and regtech: Impact on regulators and banks. Journal of Economics and Business, 100, 7-25.

Chicago

University of Kelaniya

Jagtiani, J., & Lemieux, C. (2018). Do fintech lenders penetrate areas that are underserved by traditional banks?. Journal of Economics and Business, 100, 43-54.

University of Kelaniya

Drasch, B. J., Schweizer, A., & Urbach, N. (2018). Integrating the ‘Troublemakers’: A taxonomy for cooperation between banks and fintechs. Journal of Economics and Business, 100, 26-42.

Chicago

University of Kelaniya

Li, Y., Spigt, R., & Swinkels, L. (2017). The impact of FinTech start-ups on incumbent retail banks’ share prices. Financial Innovation, 3(1), 26.

University of Kelaniya

Kotarba, M. (2016). New factors inducing changes in the retail banking customer relationship management (CRM) and their exploration by the FinTech industry. Foundations of management, 8(1), 69-78.

University of Kelaniya

Wonglimpiyarat, J. (2017). FinTech banking industry: a systemic approach. foresight.

University of Kelaniya

Saksonova, S., & Kuzmina-Merlino, I. (2017). Fintech as financial innovation–The possibilities and problems of implementation. European Research Studies, 20(3A), 961.

University of Kelaniya

Bunea, S., Kogan, B., & Stolin, D. (2016). Banks vs fintech: At last, it’s official’. Journal of Financial Transformation, 44, 122-131.

University of Kelaniya

Claessens, S., Frost, J., Turner, G., & Zhu, F. (2018). Fintech credit markets around the world: size, drivers and policy issues. BIS Quarterly Review September.

University of Kelaniya

Micu, I., & Micu, A. (2016). Financial technology (Fintech) and its implementation on the Romanian non-banking capital market. SEA-Practical Application of Science, 11, 379-384.

University of Kelaniya

Van Loo, R. (2018). Making innovation more competitive: the case of fintech. UCLA L. Rev., 65, 232.

University of Kelaniya

Eickhoff, M., Muntermann, J., & Weinrich, T. (2017). What do FinTechs actually do? A taxonomy of FinTech business models.

University of Kelaniya

Waupsh, J. (2016). Bankruption: How community banking can survive Fintech. John Wiley & Sons.

University of Kelaniya

Cortet, M., Rijks, T., & Nijland, S. (2016). PSD2: The digital transformation accelerator for banks. Journal of Payments Strategy & Systems, 10(1), 13-27.

University of Kelaniya

Eyal, I. (2017). Blockchain technology: Transforming libertarian cryptocurrency dreams to finance and banking realities. Computer, 50(9), 38-49.

University of Kelaniya

Schueffel, P. (2016). Taming the beast: a scientific definition of fintech. Journal of Innovation Management, 4(4), 32-54.

Chicago

University of Kelaniya

Vasiljeva, T., & Lukanova, K. (2016). Commercial banks and FINTECH companies in the digital transformation: Challenges for the future. Journal of Business Management, (11).

University of Kelaniya

Jagtiani, J., & Lemieux, C. (2017). Fintech lending: Financial inclusion, risk pricing, and alternative information.

University of Kelaniya

Alt, R., Beck, R., & Smits, M. T. (2018). FinTech and the transformation of the financial industry.

University of Kelaniya

Ferrari, R. (2016). FinTech impact on retail banking–from a universal banking model to banking verticalization. The FinTech book: The financial technology handbook for investors, entrepreneurs and visionaries, 248-252.

University of Kelaniya

He, M. D., Leckow, M. R. B., Haksar, M. V., Griffoli, M. T. M., Jenkinson, N., Kashima, M. M., ... & Tourpe, H. (2017). Fintech and financial services: initial considerations. International Monetary Fund.

University of Kelaniya

Leong, C., Tan, B., Xiao, X., Tan, F. T. C., & Sun, Y. (2017). Nurturing a FinTech ecosystem: The case of a youth microloan startup in China. International Journal of Information Management, 37(2), 92-97.

University of Kelaniya

Juengerkes, B. E. (2016). FinTechs and Banks–Collaboration is Key. The FinTech Book: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries, 179-182.

University of Kelaniya

Boot, A. W. (2016). Understanding the future of banking scale and scope economies, and fintech. The Future of Large, Internationally Active Banks, 55, 431.

University of Kelaniya

Arner, D. W., Barberis, J., & Buckey, R. P. (2016). FinTech, RegTech, and the reconceptualization of financial regulation. Nw. J. Int'l L. & Bus., 37, 371.

University of Kelaniya

Philippon, T. (2016). The fintech opportunity (No. w22476). National Bureau of Economic Research.

University of Kelaniya

Banks have no time for complacency. They need to re-evaluate their competitive advantages in light of profound changes driven by advances in information technology (IT) and competitive pressure from FinTech companies...

Jakšič, M., & Marinč, M. (2019). Relationship banking and information technology: The role of artificial intelligence and FinTech. Risk Management, 21(1), 1-18.

1 Recommendation

Harasit Kumar Paul

Bangabandhu Sheikh Mujib Medical University

To date, I am in favor of traditional banks due to the limitations of fintech. Fintech's narrow focus is the source of its biggest vulnerability. There are concerns about managing a fragmented set of financial resources. I am afraid of using different providers to manage deposits, borrowing and investments.

1 Recommendation

University of Kelaniya

The New Risks of FinTech...

Buckley, R. P., Arner, D. W., Zetzsche, D. A., & Selga, E. (2019). The Dark Side of Digital Financial Transformation: The New Risks of FinTech and the Rise of TechRisk. UNSW Law Research Paper, (19-89).

2 Recommendations

University of Kelaniya

Identification of Fintech Driven Operational Risk Events...

Khalil, F., & Alam, H. M. (2020). Identification of Fintech Driven Operational Risk Events. Journal of the Research Society of Pakistan–Vol. No, 57(1).

2 Recommendations

Piotr Łasak

Jagiellonian University

Dear D A Gayan Nayanajith, I think that your question is too general. There are many different types of banks and banks are acting in many fields of fianncial markets. If you formulate your question more precisely, the answer might be more adequate.

University of Kelaniya

Speed is one of the competitive advantages that Fintech when it is compared to traditional banks… Nguyen, G. (2019). Competition between traditional banks and Fintech.

1 Recommendation

University of Kelaniya

Benefits to customers due to disruptive business model innovations of fintechs... Anand, D., & Mantrala, M. (2019). Responding to disruptive business model innovations: the case of traditional banks facing fintech entrants. Journal of Banking and Financial Technology, 3(1), 19-31.

1 Recommendation

University of Kelaniya

The real-time sales monitoring of trading platforms endow FinTech companies with a potentially significant information advantage ... Hau, H., Huang, Y., Shan, H., & Sheng, Z. (2019, May). How FinTech enters China's credit market. In AEA Papers and Proceedings (Vol. 109, pp. 60-64).

1 Recommendation

University of Kelaniya

… Accordingly, advantages of FinTech credits refer to alternative funding resources in economies ... Vučinić, M. (2020). Fintech and Financial Stability Potential Influence of FinTech on Financial Stability, Risks and Benefits. Journal of Central Banking Theory and Practice, 9(2), 43-66.

1 Recommendation

University of Kelaniya

… Taking advantage of the gap in investments, fintechs started to offer technology at a lower cost ... Rodrigues, C., Advogados, J. I., & Junqueira, L. (2020). Redefining the banking landscape. International Tax Review.

1 Recommendation

University of Kelaniya

… The FinTech Advantage The digital and big data innovations made possible many new products … large amounts of capital and a preexisting infrastructure, startups often have advantages in exploiting it … FinTech firms also have the benefit of starting with no legacy systems ... Stulz, R. M. (2019). FinTech, BigTech, and the future of banks. Journal of Applied Corporate Finance, 31(4), 86-97.

1 Recommendation

University of Kelaniya

… services garner the most attention regarding Fintech, there are significant advantages Fintech provides ... French, A. M., & Baduqui, G. (2019). The Digital Divide 2.0: Fintech versus traditional financial services.

1 Recommendation

University of Kelaniya

… adapt faster, offer better products and services, and improve the customer journey, as well as gaining a competitive advantage... Lai, K. (2019). Fintech: banks still struggle with culture and legacy systems. International Financial Law Review.

1 Recommendation

University of Kelaniya

… There are advantages to both financial institutions … The advantage of FinTech companies lies in their focus on customer needs and finding the right solutions ... Singh, D. (2019). Fintech and Cbdc-Modern Trends in Banking. FINIZ 2019-Digitization and Smart Financial Reporting, 27-30.

1 Recommendation

University of Kelaniya

… a comprehensive view on how banks are making improvements to keep a competitive advantage … that follow the co-opetition approach must unify each other's core advantages when competing … and Chartered Bank of the United Kingdom started a Fintech innovation laboratory … Zhao, Q., Tsai, P. H., & Wang, J. L. (2019). Improving financial service innovation strategies for enhancing china’s banking industry competitive advantage during the fintech revolution: A Hybrid MCDM model. Sustainability, 11(5), 1419.

1 Recommendation

University of Kelaniya

… They have the ability to combine the advantages of both fintechs and traditional financial … Acar, O., & Çıtak, Y. E. (2019). Fintech integration process suggestion for banks. Procedia Computer Science, 158, 971-978.

1 Recommendation

University of Kelaniya

... able to achieve a competitive advantage over traditional banks … Razzaque, A., & Hamdan, A. (2020, April). Role of Financial Technology FinTech: A Survey. In Joint European-US Workshop on Applications of Invariance in Computer Vision (pp. 112-117). Springer, Cham.

1 Recommendation

University of Kelaniya

… FinTech can lead to more competition through a new class of players entering the financial sector … Berg, G., Guadamillas, M., Natarajan, H., & Sarkar, A. (2020). Fintech in Europe and Central Asia: Maximizing Benefits and Managing Risks.

1 Recommendation

University of Kelaniya

… In a few years, some FinTechs might gain relevant market shares ... Dorfleitner, G., & Hornuf, L. (2019). Players in the German FinTech Industry. In FinTech and Data Privacy in Germany (pp. 3-12). Springer, Cham.

1 Recommendation

Chung Tin Fah

HELP University

Fintechs are more inclusive. Traditional banks which rely on collateral lending will lead to the rise of alternative financing.

4 Recommendations

University of Kelaniya

Thanks for contribution...

1 Recommendation

University of Kelaniya

… An advantage of P2P lending is that it allows borrowers access to capital based on their social network … Despite higher risks, there are several advantages for household investors … Nonetheless, not everyone will benefit from it … Agarwal, S., & Chua, Y. H. (2020). FinTech and household finance: a review of the empirical literature. China Finance Review International.

1 Recommendation

University of Kelaniya

… The key to success in FinTech is to harness the benefits while managing the risks. .. Raj, B., & Upadhyay, V. (2020). Role of FinTech in Accelerating Financial Inclusion in India. In 3rd International Conference on Economics and Finance organised by the Nepal Rastra Bank at Kathmandu, Nepal during February (pp. 28-29).

2 Recommendations

University of Kelaniya

… The relative benefits of setting up an alliance with an existing fintech startup rather than acquiring it are factor specific, as not all banks will benefit equally ... Hornuf, L., Klus, M. F., Lohwasser, T. S., & Schwienbacher, A. (2020). How do banks interact with fintech startups?. Small Business Economics, 1-22.

2 Recommendations

University of Kelaniya

… The benefit of opportunities and the degree of exposure to the risks depends ... Musabegović, I., Özer, M., Đuković, S., & Jovanović, S. (2019). Influence of financial technology (fintech) on financial industry. Ekonomika poljoprivrede, 66(4), 1003-1021.

2 Recommendations

University of Kelaniya

...the fintech sector have yet to gain the reputation ... Heggland, H., & Nadav, O. (2019). Fintech firms and incumbent banks: competition or collaboration?: What factors impact how and why fintech firms and traditional banks decide the extent to collaborate with each other in the peer-to-peer lending sector in Norway? (Master's thesis, Universitetet i Agder; University of Agder).

2 Recommendations

University of Kelaniya

… Such collaboration has multiple mutual advantages … Entrant firms may wish to take advantage of the customer networks, access to capital as well as the expertise ... Enriques, L., & Ringe, W. G. (2020). Bank-Fintech Partnerships, Outsourcing Arrangements and the Case for a Mentorship Regime. European Corporate Governance Institute-Law Working Paper, (527).

1 Recommendation

University of Kelaniya

… FinTechs display a competitive advantage in the field of technology, agility and customer-centricity … Pham, T. T. N. (2019). BaFin licensed FinTechs with B2B business models in Germany-an empirical study on the impact of financial licenses on the business model of FinTechs and their psoitioning in the financial services industry.

1 Recommendation

University of Kelaniya

FinTech as an innovative banking sector. ...Trębacz, T. (2019). FinTech as an innovative banking sector. World Scientific News, 122, 83-95.

1 Recommendation

University of Kelaniya

… In nutshell, regulatory sandboxes benefit customers, fintech startups (innovators), regulators and investors … Alam, N., Gupta, L., & Zameni, A. (2019). Fintech as Disruptors and Empowering Financial Industry. In Fintech and Islamic Finance (pp. 37-62). Palgrave Macmillan, Cham.

1 Recommendation

University of Kelaniya

… Second, FIs provide payment services that directly benefit the economy … FinTech SCF platforms, such as Taulia, has several advantages compared to traditional SCF ap- proaches … Social media and e-commerce companies also have a natural advantage to compete in this area … Liu, C. (2019). FinTech and its disruption to financial institutions. In Organizational Transformation and Managing Innovation in the Fourth Industrial Revolution (pp. 104-124). IGI Global.

2 Recommendations

University of Kelaniya

… provide loans to small businesses, and states that it offers borrowers many advantages over banks … be harnessed through regulations that adapt to ensure that the promised benefits of fintech … Thakor, A. V. (2020). Fintech and banking: What do we know?. Journal of Financial Intermediation, 41, 100833.

2 Recommendations

University of Kelaniya

Fintechs facilitate execution of payments and settlements with blockchain assisted smart contracts...Thakor, A. V. (2020). Fintech and banking: What do we know?. Journal of Financial Intermediation, 41, 100833.

2 Recommendations

Dariusz Prokopowicz

Cardinal Stefan Wyszyński University in Warsaw

Dear D A Gayan Nayanajith,

In my opinion, both fintechs and commercial banks operating more and more electronically, including online banks, offer many different functional functions, offers of financial and other products and services, which are used by more and more customers. The SARS-CoV-2 (Covid-19) coronavirus pandemic has increased the digitization and internationalization of economic processes, including electronic payments, the use of various financial products and services, and others remotely online via the Internet. During the pandemic, there was an increase in the use of remotely provided services, and the use by customers of offers from both fintechs and electronic banks. Currently, fintechs and internet banks compete with each other only to a small extent. However, in the future, the level of this competition may increase significantly.

Best regards,

Happy New Year 2021

Dariusz Prokopowicz

2 Recommendations

University of Kelaniya

Dear Dr. Dariusz,

Many thanks for the contribution to the thread, along with the latest developments in line with the present pandemic situation...

5 Recommendations

Humberto Costa

Federal University of Paraná

I prefer traditional banks for security.

7 Recommendations

University of Kelaniya

Dear Costa,

Thanks for the contribution...

2 Recommendations

Dariusz Prokopowicz

Cardinal Stefan Wyszyński University in Warsaw

Fintechs develop their own clearing and micropayment systems, bypassing the intermediation of financial institutions, including commercial banks. When it is possible to implement micropayments on portals run by internet technology companies called fintechs, more and more Internet users take advantage of these opportunities, because it is convenient and may be cheaper than similar offers, including the intermediation of financial institutions. Micropayment systems are being developed, among others on social networks, which are used by more and more citizens for remote social communication and also by using other available information services.

Best regards,

Dariusz Prokopowicz

3 Recommendations

University of Kelaniya

Financial Technology has long been applied to the financial and banking sectors until the emergence of financial technology innovation called FinTech. Referring to the evolution of FinTech until now, FinTech influences the Bank's activities from the past, present, and future …Legowo, M. B., Subanidja, S., & Sorongan, F. A. (2021). FINTECH AND BANK: PAST, PRESENT, AND FUTURE. Jurnal Teknik Komputer, 7(1), 94-99.

2 Recommendations

University of Kelaniya

...Included in fintech are innovations in payment systems (including cryptocurrencies), credit markets (including P2P lending), and insurance, with Blockchain-assisted smart contracts…Thakor, A. V. (2020). Fintech and banking: What do we know?. Journal of Financial Intermediation, 41, 100833.

3 Recommendations

University of Kelaniya

...Fintech complements banks' strengths by meeting new digital customer preferences...Synergies between incumbents and new players can lower the cost to serve the unbanked...Ferrás, S. A. P. (2020). How can fintech serve the unbanked in Sub-Saharan Africa? (Doctoral dissertation).

2 Recommendations

University of Kelaniya

...Community banking can flourish in the face of fintech and global competition with a fresh approach to strategy Bankruption+ Website offers a survival guide for community banks and credit unions searching for relevance amidst immense global competition and fintech challenges …Waupsh, J. (2016). Bankruption: How community banking can survive Fintech. John Wiley & Sons.

2 Recommendations

Piotr Łasak

Jagiellonian University

The crucial issue is how long such model of division between fintechs and traditinal banks will exist... The financial environment is changing and may be in the future the consumer choices will be clearer than they are now...

2 Recommendations

University of Kelaniya

...impact of Fintech on banks... Digital innovations and technology based business models could provide new business opportunities for incumbents, by transforming how they create value and deliver products and services...Navaretti, G. B., Calzolari, G., Mansilla-Fernandez, J. M., & Pozzolo, A. F. (2018). Fintech and Banking. Friends or Foes?. Friends or Foes.

2 Recommendations

Dariusz Prokopowicz

Cardinal Stefan Wyszyński University in Warsaw

When it comes to using Internet information services offered by technological Internet companies, I prefer to use their offer, i.e. the offer of fintechs. However, when it comes to traditional types of banking products, I use the internet and mobile banking offer. In the future, these two types of offers will become increasingly intertwined.

Best regards,

Dariusz Prokopowicz

3 Recommendations

Anthony St. John

Independent Scholar

19 May MMXXI

I have so little money, I am honored to hate all forms of banking!

Cordially...

ASJ

6 Recommendations

University of Kelaniya

fintech for mobilizing small scale contributions for Sustainable Development...Michael, B. (2020). The FinTech Dividend: How Much Money Is FinTech Likely to Mobilize for Sustainable Development?.

2 Recommendations

University of Kelaniya

Financial Inclusion...Grameen like banking with fintech...… For example, Cignifi Inc., a US-based fintech company, receives funding to further its strategic goal of disrupting traditional credit risk …Gabor, D., & Brooks, S. (2017). The digital revolution in financial inclusion: international development in the fintech era. New Political Economy, 22(4), 423-436.

2 Recommendations

Tarik Hossain

Comilla University

Both are good.

3 Recommendations

University of Kelaniya

...Mobile e-wallet or digital e-wallet is one of the emerging Financial Technologies (FinTech) that has become extremely prevalent during the last few years....Alwi, S. (2021). Fintech As Financial Inclusion: Factors Affecting Behavioral Intention To Accept Mobile E-Wallet During Covid-19 Outbreak. Turkish Journal of Computer and Mathematics Education (TURCOMAT), 12(7), 2130-2141.

8 Recommendations

University of Kelaniya

e-markets, including financial mkts...Alt, R., Beck, R., & Smits, M. T. (2018). FinTech and the transformation of the financial industry.

2 Recommendations

University of Kelaniya

Cr. to SMEs by Fintechs...Sheng, T. (2021). The effect of fintech on banks’ credit provision to SMEs: Evidence from China. Finance Research Letters, 39, 101558.

4 Recommendations

University of Kelaniya

Fintech and digital financial services involve the delivery of financial products and services through technology. Fintech companies are part of a financial lending infrastructure claiming to offer an alternative to 'big banks', and are often touted as digitally disruptive technology firms …Bhagat, A., & Roderick, L. (2020). Banking on refugees: Racialized expropriation in the fintech era. Environment and Planning A: Economy and Space, 52(8), 1498-1515.

2 Recommendations

University of Kelaniya

Fintechs and easy payment services and mobile financial services, international card and payments...Dapp, T. F. (2017). Fintech: the digital transformation in the financial sector. In Sustainability in a digital world (pp. 189-199). Springer, Cham.

2 Recommendations

University of Kelaniya

use of agile software development...Kilu, E., Milani, F., Scott, E., & Pfahl, D. (2019, January). Agile software process improvement by learning from financial and fintech companies: LHV bank case study. In International Conference on Software Quality (pp. 57-69). Springer, Cham.

4 Recommendations

University of Kelaniya

...The rapid development of information and communications technology is transforming the entire industry landscape, heralding a new era of convergence services. As one of the developing countries in the financial sector, China is experiencing an unprecedented level …Shim, Y., & Shin, D. H. (2016). Analyzing China’s fintech industry from the perspective of actor–network theory. Telecommunications Policy, 40(2-3), 168-181.

2 Recommendations

University of Kelaniya

… Traditional credit information systems still cannot benefit from fintech developments… Sen, Y., & Jijian, G. (2020, April). Research on the Influence of Institutional Environment and Fintech to Urban Commercial Banking Performance. In 5th International Conference on Social Sciences and Economic Development (ICSSED 2020) (pp. 16-20). Atlantis Press.

2 Recommendations

University of Kelaniya

Consumer Protection And Fintech...Atikah, I. (2020). Consumer Protection And Fintech Companies In Indonesia: Innovations And Challenges Of The Financial Services Authority. Jurnal Hukum dan Peradilan, 9(1), 132-153.

3 Recommendations

University of Kelaniya

There is uncertainty among financial markets participants as to how to apply the traditional banking regulation to fintechs. This article focuses on fintech regulation through the lens of banking supervision...

Maume, P. (2017). In Unchartered Territory-Banking Supervision Meets Fintech. Corporate Finance, 2017, 373-378. .

3 Recommendations

University of Kelaniya

supervision and oversight of digital financial services... the actors in fintech include non-bank financial firms, as well as non-financial firms such as tech companies …

Caruana, J. (2016, October). Financial inclusion and the fintech revolution: implications for supervision and oversight. In Conference Remarks at the Third GPFI-FSI Conference on Standard-Setting Bodies and Innovative Financial Inclusion-“New frontiers in the supervision and oversight of digital financial services (Vol. 26).

4 Recommendations

Djénéba Traoré

Université des Lettres et des Sciences Humaines de Bamako (ULSHB)- Mali

Both are good. I use both of them. It depends on the purpose.

20 Recommendations

University of Kelaniya

Regulatory arbitrage in the context of fintech...

Ahern, D. M. (2018). Regulatory arbitrage in a FinTech world: devising an optimal EU regulatory response to crowdlending.

Reg tech / Sup Tech ???????????

FinTech, R. (2017). SupTech: What They Mean for Financial Supervision. URL: http://res. torontocentre. org/guidedocs/FinTech% 20RegTech% 20and% 20SupTech, 20, 20.

Prince Asare Vitenu-Sackey

4 Recommendations

University of Strathclyde

Both are essential in the financial ecosystem

2 Recommendations

University of Kelaniya

Why fintechs cooperate with banks...Bömer, M., & Maxin, H. (2018). Why fintechs cooperate with banks—evidence from germany. Zeitschrift für die gesamte Versicherungswissenschaft, 107(4), 359-386.

4 Recommendations

University of Kelaniya

...impact of Fintech on banks... Digital innovations and technology based business models could provide new business opportunities for incumbents, by transforming how they create value and deliver products and services. Or they could disrupt the existing structure of the financial industry, by blurring its boundaries and fostering strategic disintermediation. By providing new gateways for entrepreneurship, Fintech can ease the access to financial services, fostering competition by new players....Navaretti, G. B., Calzolari, G., Mansilla-Fernandez, J. M., & Pozzolo, A. F. (2018). Fintech and Banking. Friends or Foes?. Friends or Foes.

5 Recommendations

S J Malik

I always prefer the traditional banking system.

17 Recommendations

Anton Vrdoljak

University of Mostar

I am e-banking user since 2006. Somehow, doing transactions from wherever we are is priceless for me...

1 Recommendation

Lisbet Castro García

Universidad de Ciego de Ávila

I agree with @S J Malik

4 Recommendations

Celín Pérez Nájera

Universidad de Ciego de Ávila

Traditional banks

3 Recommendations

University of Kelaniya

Shadow bank market share in residential mortgage origination nearly doubled from 2007 to 2015, with particularly dramatic growth among online “fintech” lenders....Buchak, G., Matvos, G., Piskorski, T., & Seru, A. (2018). Fintech, regulatory arbitrage, and the rise of shadow banks. Journal of Financial Economics, 130(3), 453-483.

2 Recommendations

University of Kelaniya

Digital structural change is piling up the pressure on traditional banks. Despite other societal and regulatory challenges banks have recognised the importance of digital developments and are working intensively on potential solutions and strategies. Many (digital) innovations can primarily be experienced at the client front-end...Dapp, T., Slomka, L., AG, D. B., & Hoffmann, R. (2015). Fintech reloaded–Traditional banks as digital ecosystems. Publication of the German original, 261-274.

2 Recommendations

University of Kelaniya

Chicago

Does Rsquare change between multiple regression, regression with robust standard error and regression with cluster robust standard error on spss ?

2 Recommendations

For my study, I ran a multiple regression with robust standard error, and a clustered multiple regression with robust standard error (using Huang's (2020) SPSS macro).

2 answers

Asked 5 June 2024

Moi Iannello

Dear all,

I noticed that the Rsquare of the simple multiple regression was the same as that of the robust standard error regression.

But when I run the regression with the clustered robust standard error, I don't get the Rsquare value. I was wondering if this is the same as for regression with robust standard error?

If the Rsquare doesn't change with different adjustments of the standard error ( robust standard error, or cluster robust standard error ) , could someone explain the idea behind it?

If not, could you tell me how to get the “Model Summary” output containing the Rsquare for the clustered robust standard error regression?

I am using IBM SPSS version 27

Thanks in advance,

Where Transformational Leadership is effective and where not?

In which organizational environment is suitable for transformational leadership and which is not?

1 answer

Asked 28 October 2023

Md Abdullah Al Noman

How to file a complain against a predatory Journal?

I want to file a complaint against a predatory journal, but I do not know where I can file the complaint?

32 replies

Asked 14 February 2022

Dawood Rahimi

Web of Science listed Journals

A Journal which is listed on Clavariate master Journal list as Additional web of science- Zoological .

2 replies

Asked 14 February 2022

Nem kumar Jain

Will that Journal considered as WOS listed Journal?

What are the differences between Formative and Reflective model?

Between formative and reflective model which one is more reliable. When do we need to use formative model and reflective model? Under what condition we need to use the formative model/reflective mode.

19 replies

Asked 29 August 2020

Selim Ahmed

Do banks cooperate with fintechs?

Commercial banking has several hundred years of development history. Fintechs have been developing only since the end of the 20th century, but the development of some fintechs is many times faster than most banks currently operating. This is the main reason why banks are interested in the development of fintechs. In most countries, fintechs are not yet a significant direct competition for commercial banks, but taking into account their dynamic development in the field of new technologies, online settlements and payments, combining information services with financial or other services and e-commerce, with e-commerce , e-business, however, this may change in the future and this competition may increase significantly in the future.

21 answers

Asked 8 November 2018

Dariusz Prokopowicz

Banks that are not afraid of competition from fintechs usually do not cooperate only by observing new technologies introduced to the online market of financial transactions by fintechs. However, commercial banks that are afraid of competition from fintechs are either interested in this type of cooperation in the field of technology development or take over these entities in capital transactions, including selected fintechs to capital groups managed by a given bank. There have been transactions of this type in which a commercial bank took control of a fintech, which was a dynamically developing startup or a thriving technology company operating in the new online media sector and new techniques for settlements and payments made electronically. Some banks, fearing competition from fintechs, observe their functioning and try to introduce into their business model solutions similar to those that develop fintechs with positive effects.

In view of the above, I am asking you the following question: Do banks cooperate with fintechs?

Please reply. I invite you to the discussion

Determinants of the development of mobile banking?

In the area of electronic banking, including mobile banking, commercial banks improve technological solutions for the use of smartphones for the purpose of conducting financial transactions by clients.

64 answers

Asked 20 December 2018

Dariusz Prokopowicz

Commercial banks spend the most resources on developing security systems, reducing gaps in online banking systems used by cybercriminals and improving IT systems risk management procedures.

The changes taking place in online banking, including mobile banking, are currently determined primarily by the technological progress related to telecommunications and IT devices.

In view of the above, the current question is: Determinants of the development of mobile banking?

Please, answer, comments.

I invite you to the discussion.

Dear Friends and Colleagues of RG

I described the problem of cybercrime in publications:

Chapter Propaganda i świadomość w procesie radykalizacji - wzmacnian...

Chapter Determinanty rozwoju cyberprzestępczych ataków na systemy in...

Chapter Analiza bezpieczeństwa ochrony systemów informatycznych w ko...

Chapter Rozwój złośliwego oprogramowania ransomware jako nowy wymiar...

Article Ochrona transferu danych osobowych w cyberprzestrzeni (The P...

Chapter Bezpieczeństwo bankowości internetowej i uwarunkowania elekt...

Chapter Prawno-społeczne determinanty bezpieczeństwa gromadzenia i t...

Article Zagrożenia rozwoju i bezpieczeństwo bankowości elektronicznej

Chapter Przestępczość elektroniczna i kradzież poufnych informacji –...

I invite you to discussion and cooperation.

Thank you very much

Best wishes

What are the problems and theses proposed in the field of: The development of online banking?

What kind of scientific research dominate in the field of The development of online banking?

26 replies

Asked 27 March 2019

Dariusz Prokopowicz

Please, provide your suggestions for a question, problem or research thesis in the issues: The development of online banking.

Please reply.

I invite you to the discussion

Best wishes

Future of Banking through E-banking Lounge (Service delivery using self service terminals like ATM) is it feasible?