BIS paper investigates distributive impact of fintech

big-data-web

Fintech could help reduce prejudice in credit allocation, but may also undermine the effectiveness of existing regulations, a new Bank for International Settlements working paper finds.

Thomas Philippon investigates potential efficiency gains from fintech and how they are likely to be shared. He finds there is evidence that fintech firms can allocate credit more efficiently, as the “unit cost of financial intermediation” has declined over the past 10 years.

The use of big data to underpin

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: