金融科技与金融发展:传统金融机构的作用

Abraham Emuron, D.P. van der Nest, Cephas Paa Kwasi Coffie
{"title":"金融科技与金融发展:传统金融机构的作用","authors":"Abraham Emuron, D.P. van der Nest, Cephas Paa Kwasi Coffie","doi":"10.1108/ajems-10-2023-0406","DOIUrl":null,"url":null,"abstract":"<h3>Purpose</h3>\n<p>This paper employs data from the World Bank to examine the effect of traditional banks on FinTech and financial development in the Southern African Development Community (SADC) region.</p><!--/ Abstract__block -->\n<h3>Design/methodology/approach</h3>\n<p>The study employs the Generalized Method of Moments (GMM) as the primary data analysis method.</p><!--/ Abstract__block -->\n<h3>Findings</h3>\n<p>The findings of the study demonstrate a bi-directional relationship between traditional financial institutions and FinTech. Traditional financial institutions are observed to facilitate the adoption of FinTech solutions, whilst the disruptive effects of FinTech incentivize traditional banks to adapt to the changing financial landscape and tailor their service and product offerings to reflect recent technological advancements. Consequently, there exists a positive relationship between traditional financial institutions and financial development in the SADC region.</p><!--/ Abstract__block -->\n<h3>Practical implications</h3>\n<p>Our findings suggest the need for market liberalization and enhanced institutional quality controls for policymakers. Traditional banks must adapt their business models and incorporate FinTech solutions to remain competitive and relevant. Collaborative partnerships between traditional banks and FinTech firms have emerged as a practical approach to leverage the strengths of both sectors.</p><!--/ Abstract__block -->\n<h3>Originality/value</h3>\n<p>This is one of the first studies to examine the role of traditional financial institutions in FinTech and financial development using GMM in the SADC region.</p><!--/ Abstract__block -->","PeriodicalId":46031,"journal":{"name":"African Journal of Economic and Management Studies","volume":"70 1","pages":""},"PeriodicalIF":1.4000,"publicationDate":"2024-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"FinTech and financial development: the role of traditional financial institutions\",\"authors\":\"Abraham Emuron, D.P. van der Nest, Cephas Paa Kwasi Coffie\",\"doi\":\"10.1108/ajems-10-2023-0406\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<h3>Purpose</h3>\\n<p>This paper employs data from the World Bank to examine the effect of traditional banks on FinTech and financial development in the Southern African Development Community (SADC) region.</p><!--/ Abstract__block -->\\n<h3>Design/methodology/approach</h3>\\n<p>The study employs the Generalized Method of Moments (GMM) as the primary data analysis method.</p><!--/ Abstract__block -->\\n<h3>Findings</h3>\\n<p>The findings of the study demonstrate a bi-directional relationship between traditional financial institutions and FinTech. Traditional financial institutions are observed to facilitate the adoption of FinTech solutions, whilst the disruptive effects of FinTech incentivize traditional banks to adapt to the changing financial landscape and tailor their service and product offerings to reflect recent technological advancements. Consequently, there exists a positive relationship between traditional financial institutions and financial development in the SADC region.</p><!--/ Abstract__block -->\\n<h3>Practical implications</h3>\\n<p>Our findings suggest the need for market liberalization and enhanced institutional quality controls for policymakers. Traditional banks must adapt their business models and incorporate FinTech solutions to remain competitive and relevant. Collaborative partnerships between traditional banks and FinTech firms have emerged as a practical approach to leverage the strengths of both sectors.</p><!--/ Abstract__block -->\\n<h3>Originality/value</h3>\\n<p>This is one of the first studies to examine the role of traditional financial institutions in FinTech and financial development using GMM in the SADC region.</p><!--/ Abstract__block -->\",\"PeriodicalId\":46031,\"journal\":{\"name\":\"African Journal of Economic and Management Studies\",\"volume\":\"70 1\",\"pages\":\"\"},\"PeriodicalIF\":1.4000,\"publicationDate\":\"2024-05-30\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"African Journal of Economic and Management Studies\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1108/ajems-10-2023-0406\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"African Journal of Economic and Management Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/ajems-10-2023-0406","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0

摘要

本研究采用广义矩法(GMM)作为主要数据分析方法。研究结果研究结果表明,传统金融机构与金融科技之间存在双向关系。据观察,传统金融机构促进了金融科技解决方案的采用,而金融科技的破坏性影响则激励传统银行适应不断变化的金融环境,并调整其服务和产品以反映最新的技术进步。因此,在南部非洲发展共同体地区,传统金融机构与金融发展之间存在着积极的关系。 我们的研究结果表明,政策制定者需要放开市场并加强机构质量控制。传统银行必须调整其业务模式,融入金融科技解决方案,以保持竞争力和相关性。传统银行与金融科技公司之间的合作伙伴关系已成为利用两个部门优势的一种实用方法。原创性/价值这是首次在南部非洲发展共同体地区使用 GMM 研究传统金融机构在金融科技和金融发展中的作用。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
FinTech and financial development: the role of traditional financial institutions

Purpose

This paper employs data from the World Bank to examine the effect of traditional banks on FinTech and financial development in the Southern African Development Community (SADC) region.

Design/methodology/approach

The study employs the Generalized Method of Moments (GMM) as the primary data analysis method.

Findings

The findings of the study demonstrate a bi-directional relationship between traditional financial institutions and FinTech. Traditional financial institutions are observed to facilitate the adoption of FinTech solutions, whilst the disruptive effects of FinTech incentivize traditional banks to adapt to the changing financial landscape and tailor their service and product offerings to reflect recent technological advancements. Consequently, there exists a positive relationship between traditional financial institutions and financial development in the SADC region.

Practical implications

Our findings suggest the need for market liberalization and enhanced institutional quality controls for policymakers. Traditional banks must adapt their business models and incorporate FinTech solutions to remain competitive and relevant. Collaborative partnerships between traditional banks and FinTech firms have emerged as a practical approach to leverage the strengths of both sectors.

Originality/value

This is one of the first studies to examine the role of traditional financial institutions in FinTech and financial development using GMM in the SADC region.

求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
CiteScore
3.20
自引率
7.70%
发文量
41
期刊介绍: African Journal of Economic and Management Studies (AJEMS) advances both theoretical and empirical research, informs policies and practices, and improves understanding of how economic and business decisions shape the lives of Africans. AJEMS is a multidisciplinary journal and welcomes papers from all the major disciplines in economics, business and management studies.
期刊最新文献
Examining the relationship between inclusive growth and tax revenue mobilization: additional evidence from sub-Saharan African countries Tariff effects on industrial performance: symmetric and asymmetric evidence from Nigeria Assessing the extent of exchange rate risk pricing in equity markets: emerging versus developed economies Fiscal policy and poverty reduction in sub-Saharan Africa: is the relationship influenced by the business cycle? Ownership structure and financial distress: is the tale from Sub-Saharan Africa different?
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1