Annual Conference

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Specialty Conference, Senior Fellows/Fellows

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May 2019

Fintech and Credit Scoring for the Millennial Generation

Sumit AGARWAL, Pulak GHOSH, Shashwat ALOK, Sudip GUPTA
Using a unique and proprietary loan-level data from a large Fintech firm in India, we analyze whether unstructured data regarding a consumer’s digital mobile footprint such as the type of mobile phone applications, number of applications on the phone, type of operating software used by a loan appl...
Keywords: FinTech, Loans, Digital Footprint, Credit
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Annual Conference

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Specialty Conference

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May 2019

Financial Technology Adoption

Sean HIGGINS
Do coordination failures constrain financial technology adoption? Exploiting the Mexican government’s rollout of one million debit cards to poor households from 2009–2012, I examine responses on both sides of the market, and find important spillovers and distributional impacts. On the supply sid...
Keywords: Coordination failiures, financial technology, spillovers, Mexico
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Specialty Conference

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Specialty Conference

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Jan 2017

Financial sector origins of economic growth delusion

Frederic MALHERBE, Michael MCMAHON
After financial crises, GDP is typically persistently weak compared to pre-crisis trends. We build a simple competitive general equilibrium model to highlight role that the financial sector may have in boosting GDP to unsustainable, undesirable levels before financial crises. Allowing banks to freel...
Keywords: financial crises, GDP, trade, Loans, time-series
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Specialty Conference

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Specialty Conference

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Sep 2020

Financial intermediation and technology: What’s old, what’s new?

Arnoud BOOT, Peter HOFFMANN, Luc LAEVEN, Lev RATNOVSKI
We study the effects of technological change on financial intermediation, distinguishing between innovations in information (data collection and processing) and communication (relationships and distribution). Both follow historic trends towards an increased use of hard information and less in-person...
Keywords: Financial Intermediation, Financial Innovation, FinTech, Information, Communication
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Specialty Conference

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Specialty Conference

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Sep 2020

Do Innovations in Lending Help SMEs?

Swee Liang TAN, Yoke Wang TOK, Thitipat CHANSRINIYOM
As new digital technologies emerge that make the provision of financial services more efficient, they hold the potential to address barriers that SMEs face in accessing credit. This paper found empirical evidence that crowdfunding for SMEs improved SMEs’ timeliness to pay debt in Singapore. Anecdo...
Keywords: Alternative Financing, Crowdfunding, financial institutions, FinTech, Innovations in Lending, regulation, SMEs
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