Search results for "FinTech"
showing 10 items of 25 documents
Exploring how social interactions influence regulators and innovators: The case of regulatory sandboxes
2020
Like incubators, regulatory sandboxes constitute a prominent mechanism to enable entrepreneurial activities that guide financial technology (FinTech) firms through regulatory frameworks in the financial industry. Because they are new, there is a lack of research on regulatory sandboxes; most studies have investigated legal aspects while overlooking the management perspective. To address this gap, this paper builds on incubation research studies to explore how social interactions within regulatory sandboxes influence the practices of regulators and regulatees, using social capital theory. An exploratory-abductive approach is adopted, using data collected from 16 semi-structured interviews. T…
FinTech Study Latvia 2020
2020
This study provides an overview of the current state and the developments in the Latvian FinTech environment. This is also the first attempt of the research team at the Faculty of Business, Management and Economics of the University of Latvia to explore the Latvian FinTech landscape and increase the visibility of Latvian FinTechs and is part of a larger European survey targeting FinTechs in Eastern Europe.
Drivers and outcomes of consumer engagement : Insights from mobile money usage in Ghana
2019
Purpose The purpose of this paper is to examine the drivers of consumer engagement and its consequences via the experiences of mobile money services’ users in Ghana and to discuss its implications for the society, financial service innovation, delivery and operations. Design/methodology/approach A pre-tested survey instrument was used with a sample of 595 mobile money services users in Ghana. SmartPLS application was used to analyze the data and report findings. Findings The study shows that perceived risk, consumer empowerment, subjective norm, performance expectancy and effort expectancy influence the affect component of consumer engagement and explain around half of its variance. The ef…
Speculation and lottery-like demand in cryptocurrency markets
2021
Abstract This is the first paper that explores lottery-like demand in cryptocurrency markets. Since recent research provides evidence that cryptocurrency returns appear to be short-memory processes, we modify Bali, Cakici and Whitelaw’s (2011) and Bali, Brown, Murray, and Tang’s (2017) MAX measure and employ a weekly forecast horizon and daily log-returns from the previous week to calculate the metric for our portfolio sorts. From an econometric point of view, this study proposes statistical tests that are robust to unknown dynamic dependency structures in the cryptocurrency data. Our results show that average raw and risk-adjusted return differences between cryptocurrencies in the lowest a…
Ecosystem dynamics: exploring the interplay within fintech entrepreneurial ecosystems
2021
AbstractScholars and practitioners continue to recognize the crucial role of entrepreneurial ecosystems (EEs) in creating a conducive environment for productive entrepreneurship. Although EEs are fundamentally interaction systems of hierarchically independent yet mutually dependent actors, few studies have investigated how interactions among ecosystem actors drive the entrepreneurial process. Seeking to address this gap, this paper explores how ecosystem actor interactions influence new ventures in the financial technology (fintech) EE of Singapore. Guided by an EE framework and the use of an exploratory-abductive approach, empirical data from semi-structured interviews is collected and ana…
Kiberdraudu un drošības ietekme uz patērētāju uzvedību Fintech uzņēmumos
2021
Līdz ar daudzajiem tehnoloģiskajiem sasniegumiem, kas turpina attīstīties, un pasaule, kādu mēs pazītam, strauji mainās. FinTech pakalpojumi ir pārņēmuši ekonomiku kā daļa no šī modernā tehnoloģiju viļņa. FinTech firmas ir klātesošas gandrīz katrā ekonomikas daļā. Šī tehnoloģija tiek uzskatīta par transformējošu atklājumu, kas ir ietekmējis mūsu dzīvi un ekonomisko sistēmu; tā ir padarījusi sarežģītākus procesus pieejamākus visiem; tomēr FinTech ir radījis ievērojamas problēmas, piemēram, kiberuzbrukumus un pienācīgu noteikumu trūkumu. Klienti un valdības joprojām iepazīstas ar šiem jauninājumiem, jo šī konkrētā ekonomikas joma strauji attīstās. Patērētāji tiek ātri iesaistīti jaunos un lab…
'Entrepreneurial, institutional and financial strategies for FinTech profitability'
2022
The authors acknowledge the financial support from the FUNCAS Foundation, PGC2018 -099415 -B -100 MICINN/FEDER/UE, and Junta de Andalucia P18-RT-3571 Project.
Facilitating innovation in FinTech: a review and research agenda
2022
AbstractThe purpose of this paper is to carry out content analyses on the existing literature to investigate the knowledge state of innovation facilitators adopted to promote financial innovation. In total, 56 papers were analysed using the NVivo software package. Three categories of innovation facilitators emerged from the literature capturing the perspective of regulators, incumbents and new entrants. Each identified instrument is defined and its processes and implications described. Many initiatives were led by regulators, revealing a regulatory strategy change from risk-based to opportunity-based regulation, with regulatory sandboxes being the most commonly adopted instrument. Incumbent…
Fintech pakalpojumi Latvijas tirgū
2017
Maģistra darba tēma ir saistīta ar Latvijas fintech nozares izpēti. Autors uzskata, ka viņa izvēlētā maģistra darba tēma ir aktuāla mūsdienu, straujas ekonomikas un inovāciju kontekstā. Pieaugošā interese ne tikai par fintech pakalpojumu nozari, bet vispār par visu veidu tehnoloģiskām inovācijām, no valsts puses ir saistīta ar valdības tieksmi paaugstināt valsts izaugsmes tempus ar zināšanu ekonomikas palīdzību. Fintech industrija Latvijā ir pietiekami jauna nozare, kura sevī apvieno ne tikai IT tehnoloģijas, bet arī banku zināšanas, kas summējoties veido dažāda veida pakalpojumus, kurus cilvēki var izmantot nevēršoties bankā, tādējādi banku sektors netiek iesaistīts procesos, kuri iepriekš…
On the Tail Risk of Cyberattacks in the Bitcoin Market
2020
In the era of digitalization, cryptocurrencies have become an alternative asset for both retail and institutional investors. While the new emerging digital ecosystem based on blockchain technology has been praised for offering plenty of advantages such as decentralization, discretion or increased efficiency in terms of faster settlements among others, investors need to be aware of new types of risks such as hacking incidents. In the 2011-2018 period, about 1.7 million unit of Bitcoin have been stolen corresponding to losses accumulating more than $655 million highlighting the societal impact of this criminal activity. The novel aspect of our study is that it employs a recently proposed appr…