The impact of FinTech firms on bank financial stability

Md Safiullah (Lead / Corresponding author), Sudharshan Reddy Paramati

Research output: Contribution to journalArticlepeer-review

11 Citations (Scopus)
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This study is the first to examine the impact of FinTech firms on bank financial stability. Using a sample of 26 banks from an emerging market (Malaysia), over the period 2003–2018, we find that the development of FinTech firms over time increases bank financial stability. We uncover further evidence that FinTech firms’ impact on bank financial stability holds when we conduct sub-sample analyses by bank size, bank type (Islamic vis-à-vis conventional), and level of corporate governance. The results are robust to alternative model specifications, measures of financial stability, and FinTech.

Original languageEnglish
Number of pages23
JournalElectronic Commerce Research
Early online date3 Aug 2022
Publication statusE-pub ahead of print - 3 Aug 2022


  • FinTech firms
  • Bank financial stability
  • Emerging market

ASJC Scopus subject areas

  • Economics, Econometrics and Finance (miscellaneous)
  • Human-Computer Interaction


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