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...

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Bibliographic Details
Main Authors: Yinqiao Li, Renée Spigt, Laurens Swinkels
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