Work

Lending activity efficiency. A comparison between fintech firms and the banking sector

Year: 2023

Type: article

Abstract: The FinTech phenomenon is undoubtedly increasingly changing the morphology of the global financial system, as well as the existing competitive levers in particular sectors, including lending. The aim of this study is to offer a comparative analysis of the level of efficiency exhibited by FinTech firms operating in this sector with that of banks, which have traditionally carried out this activity. We measure efficiency levels by implementing the Stochastic Data Envelopment Analysis (SDEA). The study, referred to 2021, analyses a data set composed of all the Italian FinTech firms engaged in the lending business and all the Italian banks. We find higher efficiency levels for banks compared to FinTech firms. The results are certainly interesting both at corporate level and for regulatory purposes.

Source: Research in International Business and Finance

DOI: 10.1016/j.ribaf.2023.102185

Authors: Grazia Onorato, Francesca Pampurini, Anna Grazia Quaranta

Institutions: University of Foggia, Università Cattolica del Sacro Cuore, University of Macerata

Language: English

Topic: FinTech, Crowdfunding, Digital Finance

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $3,040

OpenAlex ID: W4388802443

FWCI: 4.887

Cites: 54

Cited by: 17

Related to: 10