Search results for "fintech"
showing 10 items of 25 documents
FinTech in Latvia: Status Quo, Current Developments, and Challenges Ahead
2021
FinTech has been in the focus of discussion for quite some time. However, the market share of FinTech companies is still relatively small compared to that of more traditional financial services. The purpose of this paper is to analyse the status quo, current developments, and challenges ahead for the Latvian FinTech sector. We combine three analyses: a political and legal, economic, social, and technological environment (PEST) analysis
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…
Finteh uzņēmuma nākotnes stratēģijas varianti mikro finansējuma pakalpojumu sektorā Krievijas tirgū
2018
Šai maģistra darbā tiek apskatīts un analizēts finteh sektors un tā dalībnieka, mikro finanšu pakalpojumu sniedzēja esošā situācija un nākotnes stratēģijas iespējas Krievijā. Darbs sastāv no trim galvenajām daļām - teorētiskās daļas, kur autors apraksta par to, kas notiek pasaulē un Krievijā finteh sektorā, kā arī aplūko darbojošos elementus un komponentes kuras tiek izmantotas, lai veidotu mūsdienīgus finteh risinājumus. Darba otrajā daļā ir veikta finteh sektora analīze ar fokusu uz MFO darbību. Darba noslēdzošā daļa ir pētījums par esošu finteh uzņēmumu un tā MFO meitas uzņēmuma darbību Krievijā. Balstoties uz darbā apkopoto informāciju autors ir veicis secinājumus un devis priekšlikumus…
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…
Exploring a new incubation model for FinTechs: Regulatory sandboxes
2021
Research on incubation models indicates that incubators and accelerators are crucial catalysts for the development of start-ups. To facilitate start-ups in financial markets, several regulatory authorities have adopted a new incubation model called a ‘regulatory sandbox’. Regulatory sandboxes enable eligible applicants to test their technology-enabled financial solutions for a certain period of time (subject to conditions the regulator imposes). As such, these instruments allow innovation while preventing severe instability in financial markets caused by systemic risk. Despite their importance, management research has devoted little attention to studying how sandboxes operate as a new incub…
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…
Dynamics of fintech terms in news and blogs and specialization of companies of the fintech industry
2020
We perform a large scale analysis of a list of fintech terms in (i) news and blogs in English language and (ii) professional descriptions of companies operating in many countries. The occurrence and co-occurrence of fintech terms and locutions shows a progressive evolution of the list of fintech terms in a compact and coherent set of terms used worldwide to describe fintech business activities. By using methods of complex networks that are specifically designed to deal with heterogeneous systems, our analysis of a large set of professional descriptions of companies shows that companies having fintech terms in their description present over-expressions of specific attributes of country, muni…
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.
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…
How Much Are We Willing To Lose in Cyberspace? On the Tail Risk of Scam in the Market for Initial Coin Offerings
2020
From an entrepreneurial perspective, Initial Coin Offering (ICO) has become an alternative way for attaining funding for business projects using the new evolving digital financial market for tokens. Unfortunately, the majority of all ICOs are subject to scam which casts doubt on this new innovative tool for acquiring funding. Using a unique intensively hand-collected data set covering more than 5000 ICOs which have been launched in the August 2014–December 2019 period, we could identify 1014 ICOs exhibiting data on raised funding whereof 576 turned out to be scams projects. The cumulative losses due to scam in the ICO market correspond to $10.12 billion which is 66% of our identified overal…