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Trust as an Entry Barrier: Evidence from FinTech
Adoption
Keep Yang*
June 21, 2021Abstract
This paper studies the role of trust in incumbent lenders (banks) as an entry barrier
to emerging FinTech
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What is adoption intention of fintech?
Adoption intention of fintech refers to the willingness of individuals or businesses to integrate financial technology solutions into their operations.
Who is required to file adoption intention of fintech?
Businesses and individuals who plan to implement fintech solutions must file an adoption intention, particularly if they are seeking regulatory approval or funding.
How to fill out adoption intention of fintech?
To fill out an adoption intention of fintech, one must complete a designated form, providing details about the fintech solution being adopted, its implementation plan, and associated financial projections.
What is the purpose of adoption intention of fintech?
The purpose is to notify regulatory bodies of the intended adoption of fintech solutions, ensuring compliance with laws and regulations while fostering innovation in the financial sector.
What information must be reported on adoption intention of fintech?
Information that must be reported includes the type of fintech solution, expected outcomes, implementation timeline, and any potential risks associated with the adoption.
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