Does big data infrastructure development facilitate bank fintech innovation? Evidence from China

Kezhi Liao, Chengcheng Ma, Jingxue Zhang and Zhihao Wang

Finance Research Letters, 2024, vol. 65, issue C

Abstract: This paper explores the impact of big data infrastructure development on banks' Fintech innovation. Analyzing data from 1882 bank-year observations of 297 banks between 2011 and 2021, we find that the National Big Data Comprehensive Experimental Zones significantly enhance banks' Fintech innovation. Our results indicate that data element agglomeration is the channel that influences banks' Fintech innovation. Further analyses show that big data infrastructure development more effectively promotes Fintech innovation in banks with larger scale, lower loan concentration and credit risk. These findings contribute to the existing literature by identifying the determinants of banks' Fintech innovation in the digital era.

Keywords: Big data infrastructure; Commercial banks; Fintech innovation; National big data comprehensive experimental zones; Data element agglomeration (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324005701
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:65:y:2024:i:c:s1544612324005701

DOI: 10.1016/j.frl.2024.105540

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().