COVID - 19时代的金融科技:危机期间的技术采用

IF 3.1 1区经济学 Q2 BUSINESS, FINANCE

Journal of Financial Intermediation Pub Date : 2022-04-01 DOI:10.1016/j.jfi.2021.100945

Jonathan Fu , Mrinal Mishra

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引用次数: 56

摘要

我们记录了COVID - 19大流行对数字金融和金融科技采用的影响。根据全球代表性样本的移动应用数据，我们发现COVID - 19的传播和相关的政府封锁导致金融应用下载量大幅增加。然后，我们分析了可能在需求方面造成这种影响的因素，并更好地理解了供应方面数字加速的“赢家”。我们的总体结果表明，传统的老牌企业在最初阶段的数字产品增长最快，但随着时间的推移，“大科技”公司和较新的金融科技提供商最终表现优于它们。最后，我们进一步深入研究了与传统银行资产负债表的资产和负债方面相关的金融科技应用程序的采用，以探索数字化加速趋势可能对金融中介未来格局产生的影响。

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Fintech in the time of COVID−19: Technological adoption during crises

We document the effects of the COVID−19 pandemic on digital finance and fintech adoption. Drawing on mobile application data from a globally representative sample, we find that the spread of COVID− 19 and related government lockdowns led to a sizeable increase in the rate of finance app downloads. We then analyze factors that may have driven this effect on the demand−side and better understand the “winners” from this digital acceleration on the supply−side. Our overall results suggest that traditional incumbents saw the largest growth in their digital offerings during the initial period, but that “BigTech” companies and newer fintech providers ultimately outperformed them over time. Finally, we drill−down further on the adoption of fintech apps pertaining to both the asset and liability side of the traditional bank balance sheet, to explore the implications that the accelerated trends in digitization may have for the future landscape of financial intermediation.

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来源期刊

Journal of Financial Intermediation BUSINESS, FINANCE-

CiteScore

8.60

自引率

7.70%

发文量

期刊介绍： The Journal of Financial Intermediation seeks to publish research in the broad areas of financial intermediation, financial market structure, corporate finance, risk management, and valuation.