Fintech and Banking
40 Pages Posted: 27 Feb 2019 Last revised: 3 Mar 2019
Date Written: February 11, 2019
This paper is a review of fintech and its interaction with banking. Included in fintech are innovations in payment systems (including cryptocurrencies), credit markets (including P2P lending), and insurance, with blockchain-assisted smart contract playing a role. The paper provides a definition of fintech, examines some statistics and stylized facts, and then reviews the theoretical and empirical literature. The review is organized around four main research questions. That paper summarizes our knowledge on these questions and concludes with questions for future research.
Note: Since this is a review paper. I invite you to let me know if you have any work that is relevant to the topics covered here and should be cited, but I have not done so.
Keywords: Fintech, Cryptocurrencies, P2P Lending, Banking, Systemic Risk
JEL Classification: G21, G22, G23, G24
Suggested Citation: Suggested Citation