@phdthesis{ElMasri,
  type      = {Bachelor Thesis},
  author    = {Adnan Kerim El-Masri},
  title     = {Analyse des Fintech-Sektors - Reaktionen der Banken und Auswirkungen auf die Finanzstabilit{\"a}t},
  pages     = {73},
  abstract  = {This Bachelor Thesis provides an overview of the growing Fintech-sector and analyses banks’ reactions and impacts on the financial stability. The examined aspects include findings about differences between banks and Fintech-companies, main success factors, banks’ reaction to new market participants and consequences for the financial stability. Fintech describes the combination of innovative technology and financial services. Fintech-companies provide alternative financial services for private and corporate clients, which accelerate and simplify the access to financial resources, the investment of assets or the execution of transactions. Both Fintech-companies and banks show a high degree of willingness to cooperate, which enables to benefit from synergy effects. Fintech-companies are the innovative driver, whereas banks provide the necessary expertise and a big customer base. In 2016 banks’ venture capital subsidiaries invested \$ 13.6 billion in cooperation projects with Fintech-companies. From today’s perspective, there are no concrete risks, which could imply foreseeable dangers for the financial stability. However, there are risks which could destabilize the financial system in the long-term, if the growth of the Fintech-sector continues steadily. At the same time, innovation in financial technology could have stabilizing implications for the financial system, because of higher efficiency, decentralisation, diversification and transparency.},
  language  = {de}
}