Publication Type
Blog Post
Version
acceptedVersion
Publication Date
3-2025
Abstract
Fintech can offset the diminishing effects of bank lending on economic growth. By leveraging innovative technologies, fintech companies can reduce transaction costs, address information asymmetry issues and streamline processes such as customer evaluation and risk assessment. This strategic collaboration between banks and fintech firms can lead to improved efficiency and effectiveness in financial services, such as pressuring traditional banks to innovate in areas such as customer interface and processes, ultimately boosting economic growth.
Discipline
Econometrics
Research Areas
Econometrics
Areas of Excellence
Digital transformation
Identifier
10.59425/eabc.1742335200
Citation
TAN, Swee Liang.
Fintech’s rise reshaping ASEAN’s financial future. (2025).
Available at: https://ink.library.smu.edu.sg/soe_research/2832
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.59425/eabc.1742335200