آمار
| تعداد نشریات | 28 |
| تعداد شماره‌ها | 426 |
| تعداد مقالات | 4,164 |
| تعداد مشاهده مقاله | 6,739,216 |
| تعداد دریافت فایل اصل مقاله | 4,988,735 |
اثر نوآوری فین‌تک بانکی بر ریسک‌پذیری نظام بانکی ایران | ||
| پژوهشنامه اقتصاد کلان Macroeconomics Research Letter | ||
| مقاله 2، دوره 18، شماره 38، دی 1402، صفحه 35-56 اصل مقاله (698.61 K) | ||
| نوع مقاله: علمی | ||
| شناسه دیجیتال (DOI): 10.22080/iejm.2024.26402.2020 | ||
| نویسندگان | ||
| آرزو کرمی1؛ هادی اسماعیل‌پور مقدم* 2 | ||
| 1دانشجوی کارشناسی ارشد اقتصاد، دانشکده علوم اداری و اقتصادی، دانشگاه فردوسی مشهد، مشهد، ایران | ||
| 2دانشگاه فردوسی مشهد | ||
| تاریخ دریافت: 13 آذر 1402، تاریخ بازنگری: 11 دی 1402، تاریخ پذیرش: 14 دی 1402 | ||
| چکیده | ||
| صنعت مالی جهانی با پیشرفت فناوری مالی در چند سال اخیر به سرعت در حال تغییر بوده است. فناوری های نوظهور جدید مانند امور مالی اینترنتی، بلاک چین و بانکداری تلفن همراه صنعت مالی را متحول کرده اند. فین‌تک به‌عنوان نوآوری مالی، تغییرات عمیقی در الگوهای پرداخت ایجاد کرده و با تکیه بر شیوه های نوین تراکنش نظیر پرداخت موبایلی، امکان عبور نظام مالی سنتی از محدودیت‌های جغرافیایی و زمانی را فراهم کرده است. حضور فناوری فین تک موجب می شود خدمات ارزان‌تری با انتخاب‌های بیشتر برای مصرف‌کنندگان جهت خرید خدمات مالی ارائه شود که رفتار مالی افراد را به سمت دیجیتالی شدن سوق می‌دهد. ظهور فناوری مالی موجب ایجاد مدل‌های تجاری جدیدی شده که رویکردهای سنتی ریسک‌پذیری را به چالش می‌کشد. بر این اساس، دستیابی به بینشی از تأثیر نوآوری فین تک بر ریسک پذیری نظام بانکی ضروری است. لذا این مقاله تاثیر نوآوری فین‌تک بانکی را بر ریسک‌پذیری آن با استفاده از داده‌های پانل دیتا در بانک های ایران بین سال‌های 1386 تا 1400 بررسی می‌کند. نتایج تجربی نشان می دهد که بهبود نوآوری فین تک، به طور معناداری ریسک پذیری بانک ها را کاهش می دهد. فین تک بانکی با استفاده از تکنولوژی رمزنگاری برای تراکنش‌های مالی، تجهیزات الکترونیکی و نرم‌افزارهای مالی موجب امنیت تراکنش‌ها، افزایش شفافیت نظام بانکی، کاهش احتمال خطاهای انسانی در فرآیند انتقال و در نتیجه کاهش ریسک بانکی می‌شود. از این رو، اقداماتی در جهت توسعه زیرساخت-های فنی، تقویت همکاری و هماهنگی بین بانک‌ها و شرکت‌های فین تک، تقویت نظارت و اعمال قوانین مقررات مناسب، تعیین استراتژی ها و سیاست های دقیق و بهره‌گیری از فناوری‌های امنیتی می‌تواند به مدیریت و بهبود ریسک بانکی کمک کند. | ||
| کلیدواژه‌ها | ||
| فین‌تک؛ ریسک؛ بانکداری؛ نوآوری؛ خدمات مالی | ||
| عنوان مقاله [English] | ||
| The Effect of Bank's Fintech Innovation on the Risk-taking of the Iranian Banking System | ||
| نویسندگان [English] | ||
| Arezou Karami1؛ Hadi Esmaeilpour Moghadam2 | ||
| 1Master student in Economics, Faculty of Economics and Administrative Sciences, Ferdowsi University of Mashhad, Mashhad, Iran | ||
| 2Ferdowsi University of Mashhad | ||
| چکیده [English] | ||
| The global financial industry has been changing rapidly with the advancement of financial technology in the last few years. Emerging technologies, such as Internet finance, blockchain, and mobile banking, have revolutionized the financial industry. As a financial innovation, fintech has created profound changes in payment patterns, and by relying on new transaction methods such as mobile payment, it has enabled traditional finance to overcome geographical and time limitations. Fintech technology provides cheaper services with more choices for consumers to purchase financial services, which leads people's financial behavior towards digitalization. The emergence of financial technology has created new business models that challenge traditional risk-taking approaches. Based on this, it is necessary to gain insight into the impact of fintech innovation on the risk-taking of the banking system. Therefore, the present study examines the impact of banking fintech innovation on their risk-taking using panel data in Iranian banks between 2008 and 2022. The experimental results show that improving fintech innovation significantly reduces banks’ risk-taking. By using cryptographic technology for financial transactions, electronic equipment, and financial software, banking fintech increases the security of transactions, increases the transparency of the banking system, reduces the possibility of human errors in the transfer process and financial transactions, and, as a result, reduces banking risk. Therefore, taking measures to develop technical infrastructure, strengthening cooperation and coordination between banks and fintech companies, strengthening supervision and applying appropriate regulations, determining strategies and precise policies, and using security technologies can help manage and improve banking risk. | ||
| کلیدواژه‌ها [English] | ||
| Fintech, Risk, Bank, Innovation, Financial services | ||
| مراجع | ||
|
Ali, A. E. E. S. (2016). Beyond traditional microfinance: Financial inclusion for unbanked Kenyans. Int'l J. Soc. Sci. Stud., 4, 74. Alqahtani, F., Mayes, D. G., & Brown, K. (2017). Reprint of economic turmoil and Islamic banking: evidence from the Gulf cooperation council. Pacific-Basin Finance Journal, 42, 113-125. Banna, H., Hassan, M. K., & Rashid, M. (2021). Fintech-based financial inclusion and bank risk-taking: Evidence from OIC countries. Journal of International Financial Markets, Institutions and Money, 75, 101447. https://doi.org/10.1016/j.intfin.2021.101447 Berger, A. N. (2003). The economic effects of technological progress: Evidence from the banking industry. Journal of Money, credit and Banking, 141-176. Berger, A. N., & Bouwman, C. H. (2013). How does capital affect bank performance during financial crises?. Journal of financial economics, 109(1), 146-176. Besong, S. E., et al. (2022). An empirical analysis of the impact of banking regulations on sustainable finance al inclusion in the CEMAC region. Economic Systems 46(1): 100935. Brunnermeier, M. K. (2009). Deciphering the liquidity and credit crunch 2007-2008. Journal of Economic Perspectives, 23(1), 77–100. Buchak, G., Matvos, G., Piskorski, T., & Seru, A. (2018). Fintech, regulatory arbitrage, and the rise of shadow banks. Journal of financial economics, 130(3), 453-483. Chen, L. (2016). From fintech to finlife: The case of fintech development in China. China economic journal, 9(3), 225-239. Chen, M. A., Wu, Q., & Yang, B. (2019). How valuable is FinTech innovation?. The Review of Financial Studies, 32(5), 2062-2106. Chen, T., Goh, J. R., Kamiya, S., & Lou, P. (2019). Marginal cost of risk-based capital and risk-taking. Journal of Banking & Finance, 103, 130-145. Cheng, M., & Qu, Y. (2020). Does bank FinTech reduce credit risk? Evidence from China. Pacific-Basin Finance Journal, 63, 101398. Chiu, J., & Koeppl, T. V. (2019). Blockchain-based settlement for asset trading. The Review of Financial Studies, 32(5), 1716-1753. Efthyvoulou, G., & Yildirim, C. (2014). Market power in CEE banking sectors and the impact of the global financial crisis. Journal of Banking & Finance, 40, 11-27. Ernst, & Young (2019). Global FinTech adoption index 2019: As FinTech becomes the norm, you need to stand out from the crowd. . Available at https://www.ey.com/en_gl/eyglobal-fintech-adoption-index. Esmaeilpour Moghadam, H., & Karami, A. (2021). The Effect of Fintech Innovation on Green Growth in Iran. Iranian Energy Economics, 10(39), 11-34. [In Persian] Esmaeilpour Moghadam, H., & Karami, A. (2023). Financial inclusion through FinTech and women's financial empowerment. International Journal of Social Economics. Fung, D. W. H., Lee, W. Y., Yeh, J. J. H., & Yuen, f. l. (2020). Friend or foe: The divergent effects of FinTech on financial stability. Emerging Markets Review, 45, 100727. FSB (Financial Stability Board). 2017. Fintech. Research Report. Available online: https://www.fsb.org/work-of-the-fsb/financialinnovation-and-structural-change/fintech/ (accessed on 3 May 2021). Ghobeishi, S., Seyed Hessam Aldin, H., & Heidari, H. (2023). Risk and how to manage it in order to promote Islamic banking. Political Sociology of Iran, 5(11), 387-412. [In Persian] Giaretta, E., & Chesini, G. (2021). The determinants of debt financing: The case of fintech start-ups. Journal of Innovation & Knowledge, 6(4), 268-279. Gomber, P., Koch, J. A., & Siering, M. (2017). Digital Finance and FinTech: current research and future research directions. Journal of Business Economics, 87, 537-580. Gozman D, Liebenau J, Mangan J. The Innovation Mechanisms of Fintech Start-Ups: Insights from SWIFT’s Innotribe Competition. J Manag Inf Syst. 2018;35:145-79. Guo, F., Wang, J., Wang, F., Kong, T., Zhang, X., & Cheng, Z. (2020). Measuring China’s digital financial inclusion: Index compilation and spatial characteristics. China Economic Quarterly, 19(4), 1401-1418. Hodula, M. (2022). Does Fintech credit substitute for traditional credit? Evidence from 78 countries. Finance Research Letters, 46, 102469. https://doi.org/10.1016/j.frl.2021.102469. Khan, M. S., Scheule, H., & Wu, E. (2017). Funding liquidity and bank risk taking. Journal of Banking & Finance, 82, 203-216. Le, T.-H., Chuc, A. T., & Taghizadeh-Hesary, F. (2019). Financial inclusion and its impact on financial efficiency and sustainability: Empirical evidence from Asia. Borsa Istanbul Review, 19(4): 310-322. Lee, C. C., & Lee, C. C. (2019). Oil price shocks and Chinese banking performance: do country risks matter?. Energy Economics, 77, 46-53. Lee, C. C., Li, X., Yu, C. H., & Zhao, J. (2021). Does fintech innovation improve bank efficiency? Evidence from China’s banking industry. International Review of Economics & Finance, 74, 468-483. https://doi.org/10.1016/j.iref.2021.03.009. Li, C., He, S., Tian, Y., Sun, S., & Ning, L. (2022). Does the bank’s FinTech innovation reduce its risk-taking? Evidence from China’s banking industry. Journal of Innovation & Knowledge, 7(3), 100219. Liu, M., Tripe, D. W., Jianga, W., Liua, Z., & Chena, W. (2017). Does fintech increase or reduce commercial banks’ risk-taking? Evidence from China’s banking sector. Econfin. Massey. Ac. Nz. Liua, M., Tripeb, D. W., Jianga, W., Liua, Z., & Chena, W. (2017). Does Fintech Increase or Reduce Commercial Banks’ Risk-taking? Evidence from China’s Banking Sector. Econfin. Massey. Ac. López, M., Tenjo, F., & Zárate, H. (2011). The risk-taking channel and monetary transmission mechanism in Colombia. Ensayos sobre política económica, 29(SPE64), 212-234. Lozano-Vivas, A., Pastor, J. T., & Hasan, I. (2001). European bank performance beyond country borders: What really matters?. Review of Finance, 5(1-2), 141-165. Lozano-Vivas, A., Pastor, J. T., & Pastor, J. M. (2002). An efficiency comparison of European banking systems operating under different environmental conditions. journal of Productivity Analysis, 18, 59-77. Mahdavi Panah, H., Khaliliaraghi, M., Montazer, M. & Vakilifard, H. (2024). Analysis of the impact of Fintech on the financial inclusion in Iran. Investment knowledge, 51, 567-587. [In Persian] Nguyen, L., Tran, S., & Ho, T. (2021). Fintech credit, bank regulations and bank performance: a cross-country analysis. Asia-Pacific Journal of Business Administration, 14(4), 445-466. Ochenge, R. O. (2023). The effect of FinTech development on bank risktaking: Evidence from Kenya (No. 72). KBA Centre for Research on Financial Markets and Policy Working Paper Series. Pasiouras, F. (2008). Estimating the technical and scale efficiency of Greek commercial banks: the impact of credit risk, off-balance sheet activities, and international operations. Research in International business and finance, 22(3), 301-318. Philippon, Thomas. 2015. The Fintech Opportunity; National Bureau of Economic Research Working Paper. Cambridge: National Bureau of Economic Research. Available online: http://www.nber.org/papers/w22476 (accessed on 5 March 2021). Qiu, H., Huang, Y. P., & Ji, Y. (2018). How does FinTech development affect traditional banking in China? The perspective of online wealth management products. Journal of Financial Research (Chinese Version), 461(11), 17-30. Safullah, M., & Paramati, S. R. (2022). The impact of FinTech firms on bank financial stability. Electronic Commerce Research, Published: 03 August 2022, 10.1007/s10660-022-09595-z. Sajid, R., Ayub, H., Malik, B. F., & Ellahi, A. (2023). The Role of Fintech on Bank Risk-Taking: Mediating Role of Bank’s Operating Efficiency. Human Behavior and Emerging Technologies, 2023. Senyo, P. K., & Osabutey, E. L. (2020). Unearthing antecedents to financial inclusion through FinTech innovations. Technovation, 98, 102155. https://doi.org/10.1016/j.technovation.2020.102155. Sikalao, L.O. L. (2022). The Impact of FinTech Credit on Financial Stability: An Empirical Study. Doctoral Thesis (Doctoral). Bournemouth University. Vucinic, M. (2020). FinTech and Financial Stability Potential Influence of FinTech on Financial Stability, Risks and Benefits. Journal of Central Banking Theory and Practice, 2, 43-66. Wagner, W. (2010). Loan market competition and bank risk-taking. Journal of Financial Services Research, 37, 71-81. Wang, X., Sadiq, R., Khan, T. M., & Wang, R. (2021). Industry 4.0 and intellectual capital in the age of FinTech. Technological Forecasting and Social Change, 166, 120598. Wang, R., Liu, J., & Luo, H. (2021). Fintech development and bank risk taking in China. The European Journal of Finance, 27(4-5), 397-418. Wang, Y., Xiuping, S., & Zhang, Q. (2021). Can fintech improve the efficiency of commercial banks?—an analysis based on big data. Research in international business and finance, 55, 101338. https://doi.org/10.1016/j.ribaf.2020.101338. Zhao, J., Li, X., Yu, C. H., Chen, S., & Lee, C. C. (2022). Riding the FinTech innovation wave: FinTech, patents and bank performance. Journal of International Money and Finance, 122, 102552. Zhu, C. (2019). Big data as a governance mechanism. The Review of Financial Studies, 32(5), 2021-2061. | ||
|
آمار تعداد مشاهده مقاله: 185 تعداد دریافت فایل اصل مقاله: 293 |
||