Abstract
The Internet and digitization have already turned many elements of the economy upside down. The financial sector is no exception. In recent years “FinTechs”—i.e. businesses that use innovative technologies to provide financial services—have attempted to inaugurate a financial revolution.
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Notes
- 1.
As part of the implementation of Basel III, an SME supporting factor was introduced in the Capital Adequacy Directive and its corresponding Capital Adequacy Regulation to compensate for banks’ higher capital requirements for SME loans (EBA 2016).
- 2.
The order is based on the number of established FinTech companies in each region.
References
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Dorfleitner, G., Hornuf, L., Schmitt, M., Weber, M. (2017). Introduction. In: FinTech in Germany. Springer, Cham. https://doi.org/10.1007/978-3-319-54666-7_1
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DOI: https://doi.org/10.1007/978-3-319-54666-7_1
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