The Impact of Banking Fintech on Systemic Risk

A Risk Attribution Decomposition Based Perspective

DOI

10.2991/978-94-6463-488-4_13How to use a DOI?

Keywords

Bank FinTech; Systemic risk; CoVaR

Abstract

The development of fintech has brought profound changes to the banking industry, and there is a general concern about the degree of fintech empowerment for commercial banks. This paper constructs an indicator of the degree of bank fintech use and examines the impact of fintech use on commercial bank systemic risk and its subcomponents using data from 37 listed banks from 2011 to 2022. It is found that fintech utilization significantly increases commercial banks’ systemic risk, mainly through increasing interbank correlation risk.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Tongyang Chen
PY  - 2024
DA  - 2024/08/29
TI  - The Impact of Banking Fintech on Systemic Risk
BT  - Proceedings of the 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024)
PB  - Atlantis Press
SP  - 119
EP  - 124
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-488-4_13
DO  - 10.2991/978-94-6463-488-4_13
ID  - Chen2024
ER  -