The impact of FinTech start-ups on incumbent retail banks’ share prices
Abstract Background This study aims to clarify the role of FinTech digital banking start-ups in the financial industry. We examine the impact of the funding of such start-ups on the stock returns of 47 incumbent US retail banks for 2010 to 2016. Methods To capture the importance of FinTech start-ups...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
SpringerOpen
2017-11-01
|
Series: | Financial Innovation |
Subjects: | |
Online Access: | http://link.springer.com/article/10.1186/s40854-017-0076-7 |