Evaluation of the Development of Fintech-Served Real Economy Based on Fintech Improvement

Zhou, Mingxiang; Zheng, Xiaoyan

doi:10.1155/2021/4836933

Cited by 2 publications

(3 citation statements)

References 22 publications

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“…A new economic form is introduced to the actual economy by FinTech, which is renowned for its enormous development potential and high computing power. The real economy must change and expand, and one of the main forces behind real economic growth is the development of FinTech [8], [43], [44], [63], [80].…”

Section: Resultsmentioning

confidence: 99%

“…As a result, maintaining financial stability depends on the health of the banking industry. The transfer of economic resources, liquidation and payment, financing and equity refining, risk management, information providing, and incentive provision are only a few of the fundamental duties performed by financial systems [7], [8]. The banking system is an essential component of contemporary finance and a critical area of study for ensuring the smooth operation of the financial system.…”

Section: Introductionmentioning

confidence: 99%

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Utilizing Bio Metric System for Enhancing Cyber Security in Banking Sector: A Systematic Analysis

et al. 2023

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Biometric authentication is gaining the interest of private, public, consumer electronics and corporate security systems. For the protection of cyberspace from hackers and other harmful people, biometric security is growing more and more popular among organizations, individuals and enterprises. The word ''cyber security'' refers to the procedures, techniques, and tools used to safeguard data, network system, computer networks and software from potential attacks online. Online financial service delivery is referred to as ''cyber banking.'' As the trend of exchanging things has changed, internet banking has grown. Despite the benefits, there have been instances of security threat-related issues with Internet banking. To identify persons, biometric security verifies their physical attributes and behavioral traits. For identification verification, it is the most reliable and effective physical security method. According to biometric authentication, people can be recognized precisely based on their innate behavioral or physical traits. Numerous security measures have been implemented throughout the entire Internet banking service to address these issues. Globally, cybercrime has deep roots and poses a significant threat to the occurrence of criminal or terrorist behavior. Without being addressed by a single authority, these risks can compromise security on the inside as well as the outside. If the cybercrime goes unnoticed, both money and personal data are lost. Internet services and information infrastructure have previously been targeted in assaults. Online fraud and hacker attacks are only two examples of the daily computer-related crimes that take place. The Internet of Things (IoT) is the most reliable foundation for facilitating high-quality, comfortable human living. IoT has had a substantial impact across a range of application domains. Smart gadgets are more vulnerable to hackers because of their rapid development and trust in wireless mechanics for data transport. As a result, the rate of cybercrime is rising daily. Artificial Intelligence (AI)-based cybersecurity emerges because of technological advancement and poses a risk to public safety, personal property rights, and privacy protection for people. The study elaborates on the key features of biometrics system in conventional and Islamic banking to counter the risk of cybersecurity and provide high safety and security to the banking industry. For this systematic literature review, the most suitable and most relevant 101 articles from the reputed online libraries are selected. This analysis absorbed four research questions and pertinent keywords from the period of 2009 to 2022 (a part of 2023 was included).

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Section: Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Utilizing Bio Metric System for Enhancing Cyber Security in Banking Sector: A Systematic Analysis

et al. 2023

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“…In addition, regarding the DIFSE, Zhou and Zheng (2021) used the DEA method to assess the efficiency of fintech serving China’s real economy and found that the real economic growth, the level of urbanization, and the degree of openness were the significant factors affecting this efficiency [ 33 ]. Chen and Wang (2022) evaluated the financing efficiency of China’s strategic emerging industries using the DEA method, and confirmed that the asset–liability ratio, financial expenses, cash ratio and financing efficiency were negatively correlated, while the net asset income was a positively affecting factor [ 34 ].…”

Section: Literature Reviewmentioning

confidence: 99%

Evaluation and Determinants of the Digital Inclusive Financial Support Efficiency for Marine Carbon Sink Fisheries: Evidence from China

Zhu

2022

IJERPH

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The development of digital inclusive finance has greatly improved the feasibility of financial inclusion. Therefore, in the context of the constrained financing of marine carbon sink fisheries, we try to investigate whether digital inclusive finance exhibits a supportive effect on marine carbon sink fisheries and thus enhances the capacity of marine carbon sinks. Specifically, this paper empirically calculates the grey correlation between the development of digital inclusive finance and marine carbon sinks based on data in nine coastal provinces of China from 2011 to 2019. The empirical results show that the grey relational coefficients between the above two in China are more than 0.5, revealing a significant positive correlation. Then, on this basis, we estimate the digital inclusive financial support efficiency (DIFSE) for marine carbon sink fisheries by applying the Super-EBM model. In addition, the determinants affecting the DIFSE for marine carbon sink fisheries selected based on the grounded theory are explored through the Tobit model. The conclusions are as follows. First, there are time-varying characteristics and regional heterogeneity in DIFSE. Generally, the effect of China’s digital inclusive financial support for marine carbon sink fisheries is expanding year by year. Among them, the DIFSE in the northern marine economic circle is currently the highest, followed by that in the south and east. Second, the input of productive factors, promotion of fishery skill, development of fishery technology, and Internet coverage will significantly increase the value of DIFSE, while output structure, income level, fishery disasters, and marine pollution will have significant negative effects on DIFSE. These empirical results can help policymakers better understand the contribution of digital inclusive finance to marine carbon sink fisheries and provide them with valuable information for the formulation of supportive policies.

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Evaluation of the Development of Fintech-Served Real Economy Based on Fintech Improvement

Cited by 2 publications

References 22 publications

Utilizing Bio Metric System for Enhancing Cyber Security in Banking Sector: A Systematic Analysis

Utilizing Bio Metric System for Enhancing Cyber Security in Banking Sector: A Systematic Analysis

Evaluation and Determinants of the Digital Inclusive Financial Support Efficiency for Marine Carbon Sink Fisheries: Evidence from China

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