FinTech and financial development: the role of traditional financial institutions
Abraham Emuron,
D.P. van der Nest,
Cephas Paa Kwasi Coffie
Abstract:PurposeThis paper employs data from the World Bank to examine the effect of traditional banks on FinTech and financial development in the Southern African Development Community (SADC) region.Design/methodology/approachThe study employs the Generalized Method of Moments (GMM) as the primary data analysis method.FindingsThe findings of the study demonstrate a bi-directional relationship between traditional financial institutions and FinTech. Traditional financial institutions are observed to facilitate the adopt… Show more
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