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240607 ||| eng |
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|a 9798400265167
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| 100 |
1 |
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|a Elekdag, Selim
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| 245 |
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|a Does FinTech Increase Bank Risk Taking?
|c Selim Elekdag, Drilona Emrullahu, Sami Ben Naceur
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2024
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| 300 |
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|a 46 pages
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| 653 |
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|a Finance, Public
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| 653 |
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|a Public Administration
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| 653 |
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|a Payment Systems
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| 653 |
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|a Economics
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| 653 |
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|a Banks
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| 653 |
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|a Finance
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| 653 |
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|a Industries: Financial Services
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| 653 |
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|a Banks and banking
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| 653 |
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|a Regimes
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| 653 |
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|a Financial statements
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| 653 |
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|a Fintech
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| 653 |
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|a Competition
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| 653 |
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|a Technological innovations
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| 653 |
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|a Mortgages
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| 653 |
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|a Economics of specific sectors
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| 653 |
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|a Standards
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| 653 |
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|a Currency crises
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| 653 |
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|a Financial markets
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| 653 |
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|a Accounting
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| 653 |
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|a Public Sector Accounting and Audits
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Public financial management (PFM)
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| 653 |
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|a Banking
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| 653 |
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|a Financial reporting, financial statements
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Economic & financial crises & disasters
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| 653 |
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|a Government and the Monetary System
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| 653 |
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|a Commercial banks
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| 653 |
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|a Institutional Investors
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| 653 |
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|a Pension Funds
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| 653 |
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|a Financial technology (fintech)
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| 653 |
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|a Technology
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| 653 |
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|a Financial institutions
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| 653 |
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|a Financial Instruments
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| 653 |
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|a Economics: General
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Informal sector
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| 653 |
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|a Financial Institutions and Services: Government Policy and Regulation
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| 653 |
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|a General Financial Markets: General (includes Measurement and Data)
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| 653 |
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|a Non-bank Financial Institutions
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Monetary Systems
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| 653 |
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|a Banks and banking, Cooperative
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| 653 |
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|a Financial services industry
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| 653 |
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|a Finance: General
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| 653 |
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|a Cooperative banks
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| 700 |
1 |
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|a Ben Naceur, Sami
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| 700 |
1 |
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|a Emrullahu, Drilona
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9798400265167.001
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| 856 |
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|u https://elibrary.imf.org/view/journals/001/2024/017/001.2024.issue-017-en.xml?cid=544028-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a Motivated by its rapid growth, this paper investigates how FinTech activities influence risk taking by financial intermediaries (FIs). In this context, this paper revisits an ongoing debate on the impact of competition on financial stability: on one side, it is argued that greater competition encourages greater risk taking (competition-fragility hypothesis), while the other side of the debate asserts that more competition can increase financial stability (competition-stability hypothesis). Using a curated databased covering over 10,000 FIs and global FinTech activities, we find a robust relationship whereby greater FinTech presence is associated with heightened risk taking by FIs, offering support for the competition-fragility hypothesis. However, the inclusion of bank-, industry-, and country-specific characteristics can alter this relationship. Importantly, there is suggestive evidence indicating that in certain cases, greater FinTech presence may be associated with less FI risk taking amid stronger domestic institutions. Notwithstanding the relevance for policy, this paper presents a novel framework that may help reconcile some of the conflicting results in the literature which have found supportive evidence for each of the two competing hypotheses
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