Fintech and Banking

Fintech and Banking

Anjan V. Thakor

Washington University, Saint Louis – John M. Olin School of Business; European Corporate Governance Institute (ECGI)

Date Written: February 11, 2019

Abstract

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

Thakor, Anjan V., Fintech and Banking (February 11, 2019). Available at SSRN: https://ssrn.com/abstract=3332550 or http://dx.doi.org/10.2139/ssrn.3332550

Director of Doctoral Programs & CFAR and John E. Simon Professor of Finance

https://olin.wustl.edu/EN-US/Faculty-Research/Faculty/Pages/FacultyDetail.aspx?username=thakor

Area of Expertise:

Banking and Financial Institutions, Corporate Finance, Corporate Governance, Innovation and Growth, Banking and Financial Institutions, Corporate Finance, Corporate Governance, Innovation and Growth

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s