How disruptive are Fintechs?

Mario Bergara and Jorge Ponce
Additional contact information
Mario Bergara: Banco Central del Uruguay

No 2017012, Documentos de trabajo from Banco Central del Uruguay

Abstract: Will the application of technological innovation to finance disrupt financial intermediation? Which are the foreseeable effects on financial markets efficiency, competition, organization of transactions and risks? Which are the challenges and opportunities facing prudential regulation and supervision? Based on the literature on Microeconomics of Banking, Industrial Organization and Transaction Cost Economics we discuss some potential impacts of the proliferation of Fintechs.

Keywords: Fintech; financial intermediation; efficiency and competition in financial markets; contractual risk; market-based and intermediary-based financial transactions; prudential regulation; supervision; intermediación financiera; eficiencia y competencia en los mercados financieros; riesgo contractual; transacciones financieras basadas en el mercado y en los intermediarios; regulación prudencial; supervisión (search for similar items in EconPapers)
JEL-codes: G10 G20 L10 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.bcu.gub.uy/Estadisticas-e-Indicadores/ ... 0Trabajo/12.2017.pdf First version, 2017 (application/pdf)

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:bku:doctra:2017012

Access Statistics for this paper

More papers in Documentos de trabajo from Banco Central del Uruguay Biblioteca Especializada. Banco Central del Uruguay. Diagonal Fabini 777, Montevideo-Uruguay. CP 11100. Contact information at EDIRC.
Bibliographic data for series maintained by Biblioteca Especializada ().