its banking system, the larger is fintech credit activity. Fintech credit volumes are also greater in countries with less … stringent banking regulation. Fintech credit offers an alternative funding source for businesses and consumers, and may improve …Fintech credit has grown rapidly around the world in recent years, but its size still varies greatly across economies …

This note outlines the basic economics of the shadow banking system, highlights (systemic) risks related to it, and …

changes in financial intermediaries’ balance sheets for the supply of credit, liquidity and asset prices, and, consequently …

Alongside other non-bank financial intermediaries, open-ended funds that invest in bonds ("bond OEFs") have grown … dealing with large investor redemptions in the presence of liquidity mismatches. Their tools notwithstanding, bond OEFs had to … liquidate assets on an elevated scale, thus collectively adding to bond market pressures. Without central bank interventions …