[1] Khan, M. S., Scheule, H., & Wu, E. (2017). Funding liquidity and bank risk taking. Journal of banking & finance, 82, 203–216. https://doi.org/10.1016/j.jbankfin.2016.09.005
[2] Berger, A. N., & Bouwman, C. H. S. (2013). How does capital affect bank performance during financial crises? Journal of financial economics, 109(1), 146–176. https://doi.org/10.1016/j.jfineco.2013.02.008
[3] Efthyvoulou, G., & Yildirim, C. (2014). Market power in CEE banking sectors and the impact of the global financial crisis. Journal of banking & finance, 40, 11–27. https://doi.org/10.1016/j.jbankfin.2013.11.010
[4] Lozano-Vivas, A., Pastor, J. T., & Hasan, I. (2001). European bank performance beyond country borders: what really matters? Review of finance, 5(1–2), 141–165. https://doi.org/10.1023/A:1012742232030
[5] Lozano-Vivas, A., Pastor, J. T., & Pastor, J. M. (2002). An efficiency comparison of european banking systems operating under different environmental conditions. Journal of productivity analysis, 18(1), 59–77. https://doi.org/10.1023/A:1015704510270
[6] Pasiouras, F. (2008). Estimating the technical and scale efficiency of Greek commercial banks: The impact of credit risk, off-balance sheet activities, and international operations. Research in international business and finance, 22(3), 301–318. https://doi.org/10.1016/j.ribaf.2007.09.002
[7] Gomber, P., Koch, J.-A., & Siering, M. (2017). Digital finance and FinTech: Current research and future research directions. Journal of business economics, 87(5), 537–580. https://doi.org/10.1007/s11573-017-0852-x
[8] Fuster, A., Plosser, M., Schnabl, P., & Vickery, J. (2019). The role of technology in mortgage lending. The review of financial studies, 32(5), 1854–1899. https://doi.org/10.1093/rfs/hhz018
[9] Guo, F., Wang, J., Wang, F., Kong, T., Zhang, X., & Cheng, Z. (2020). Measuring China’s digital financial inclusion: Index compilation and spatial characteristics. China economic quarterly, 19(4), 1401–1418.
[10] Lee, C. C., Li, X., Yu, C. H., & Zhao, J. (2021). Does fintech innovation improve bank efficiency? Evidence from China’s banking industry. International review of economics & finance, 74, 468–483. https://doi.org/10.1016/j.iref.2021.03.009
[11] Zhao, Jinsong & Li, Xinghao & Yu, Chin-Hsien & Chen, Shi & Lee, C. C. (2022). Riding the FinTech innovation wave: FinTech, patents and bank performance. Journal of international money and finance, 122(C). https://dor.isc.ac/dor/10.1016/j.jimonfin.2021.102552
[12] Cheng, M., & Qu, Y. (2020). Does bank FinTech reduce credit risk? Evidence from China. Pacific-basin finance journal, 63. https://dor.isc.ac/dor/10.1016/j.pacfin.2020.101398
[13] Wagner, W. (2010). Loan market competition and bank risk-taking. Journal of financial services research, 37(1), 71–81. https://doi.org/10.1007/s10693-009-0073-8
[14] Chen, S., Ma, H., & Wu, Q. (2019). Bank credit and trade credit: Evidence from natural experiments. Journal of banking & finance, 108, 105616. http://dx.doi.org/10.1016/j.jbankfin.2019.105616
[15] Filip, D., Jackowicz, K., & Kozłowski, Ł. (2017). Influence of internet and social media presence on small, local banks’ market power. Baltic journal of economics, 17, 190–214. http://dx.doi.org/10.1080/1406099X.2017.1376856
[16] Liberti, J. M. (2017). Initiative, incentives, and soft information. Management science, 64(8), 3714–3734. https://doi.org/10.1287/mnsc.2016.2690
[17] Banna, H., Kabir Hassan, M., & Rashid, M. (2021). Fintech-based financial inclusion and bank risk-taking: Evidence from OIC countries. Journal of international financial markets, institutions and money, 75, 101447. https://doi.org/10.1016/j.intfin.2021.101447
[18] Sheng, T. (2021). The effect of fintech on banks’ credit provision to SMEs: Evidence from China. Finance research letters, 39, 101558. https://doi.org/10.1016/j.frl.2020.101558
[19] Chen, N., Sun, D., & Chen, J. (2022). Digital transformation, labour share, and industrial heterogeneity. Journal of innovation & knowledge, 7(2), 100173. https://doi.org/10.1016/j.jik.2022.100173
[20] Newman, C., Rand, J., Talbot, T., & Tarp, F. (2015). Technology transfers, foreign investment and productivity spillovers. European economic review, 76, 168–187. https://doi.org/10.1016/j.euroecorev.2015.02.005
[21] Deng, X., Gao, L., & Kim, J. B. (2020). Short-sale constraints and stock price crash risk: Causal evidence from a natural experiment. Journal of corporate finance, 60, 101498. https://doi.org/10.1016/j.jcorpfin.2019.101498
[22] Pérez-Martín, A., Pérez-Torregrosa, A., & Vaca, M. (2018). Big Data techniques to measure credit banking risk in home equity loans. Journal of business research, 89, 448–454. https://doi.org/10.1016/j.jbusres.2018.02.008
[23] Sánchez, J. M. (2018). The information technology revolution and the unsecured credit market. Economic inquiry, 56(2), 914–930. https://doi.org/10.1111/ecin.12519
[24] Stulz, R. M. (2019). FinTech, BigTech, and the Future of Banks. Journal of applied corporate finance, 31(4), 86–97. https://doi.org/10.1111/jacf.12378
[25] Livshits, I., Mac Gee, J. C., & Tertilt, M. (2016). The democratization of credit and the rise in consumer bankruptcies. The review of economic studies, 83(4), 1673–1710. https://doi.org/10.1093/restud/rdw011
[26] Sutherland, A. (2018). Does credit reporting lead to a decline in relationship lending? Evidence from information sharing technology. Journal of accounting and economics, 66(1), 123–141. https://doi.org/10.1016/j.jacceco.2018.03.002
[27] Feyz Arefi, M., & Hafezian, M. (2025). Risk management assessment in Iranian banking based on IFSB guidelines. Innovation management and operational strategies, 4(2), 117–136. https://doi.org/10.22105/imos.2021.293417.1134
[28] Grennan, J., & Michaely, R. (2021). FinTechs and the market for financial analysis. Journal of financial and quantitative analysis, 56(6), 1877–1907. https://doi.org/10.1017/S0022109020000721
[29] Law, S. H., Lee, W. C., & Singh, N. (2018). Revisiting the finance-innovation nexus: Evidence from a non-linear approach. Journal of innovation & knowledge, 3(3), 143–153. https://doi.org/10.1016/j.jik.2017.02.001
[30] Chiu, J., & Koeppl, T. V. (2019). Blockchain-based settlement for asset trading. The review of financial studies, 32(5), 1716–1753. https://doi.org/10.1093/rfs/hhy122
[31] Campanella, F., Della Peruta, M. R., & Del Giudice, M. (2017). The effects of technological innovation on the banking sector. Journal of the knowledge economy, 8(1), 356–368. https://doi.org/10.1007/s13132-015-0326-8
[32] Heredia, J., Castillo-Vergara, M., Geldes, C., Carbajal Gamarra, F. M., Flores, A., & Heredia, W. (2022). How do digital capabilities affect firm performance? The mediating role of technological capabilities in the “new normal.” Journal of innovation & knowledge, 7(2), 100171. https://doi.org/10.1016/j.jik.2022.100171
[33] Danisman, G. O., & and Tarazi, A. (2020). Financial inclusion and bank stability: Evidence from Europe. The european journal of finance, 26(18), 1842–1855. https://doi.org/10.1080/1351847X.2020.1782958
[34] He, D., Leckow, R., Haksar, V., Mancini-Griffoli, T., Jenkinson, N., Kashima, M., Khiaonarong, T., Rochon, C., & Tourpe, H. (2017). Fintech and financial services: Initial considerations. International monetary fund, 5. https://b2n.ir/pq5603
[35] Begenau, J., Farboodi, M., & Veldkamp, L. (2018). Big data in finance and the growth of large firms. Journal of monetary economics, 97, 71–87. https://doi.org/10.1016/j.jmoneco.2018.05.013
[36] Lee, C. C., & Huang, T. H. (2019). What causes the efficiency and the technology gap under different ownership structures in the chinese banking industry? Contemporary economic policy, 37(2), 332–348. https://doi.org/10.1111/coep.12409
[37] Anagnostopoulos, I. (2018). Fintech and regtech: Impact on regulators and banks. Journal of economics and business, 100, 7–25. https://doi.org/10.1016/j.jeconbus.2018.07.003
[38] Chen, T., Goh, J. R., Kamiya, S., & Lou, P. (2019). Marginal cost of risk-based capital and risk-taking. Journal of banking & finance, 103, 130–145. https://doi.org/10.1016/j.jbankfin.2019.03.011
[39] Papadopoulos, G. (2019). Income inequality, consumption, credit and credit risk in a data-driven agent-based model. Journal of economic dynamics and control, 104, 39–73. https://doi.org/10.1016/j.jedc.2019.05.002
[40] QIU, H., Huang, Y., J. Y. (2018). How does FinTech development affect traditional banking in China? The perspective of online wealth management products. Journal of financial research, 461(11), 17–30. http://www.jryj.org.cn/EN/
[41] KPMG. (2016). The pulse of fintech. https://B2n.ir/dp6981
[42] Alqahtani, F., Mayes, D. G., & Brown, K. (2017). Reprint of economic turmoil and Islamic banking: Evidence from the Gulf Cooperation Council. Pacific-basin finance journal, 42, 113–125. https://doi.org/10.1016/j.pacfin.2016.06.013
[43] Lee, C. C., & Lee, C. C. (2019). Oil price shocks and Chinese banking performance: Do country risks matter? Energy economics, 77, 46–53. https://doi.org/10.1016/j.eneco.2018.01.010
[44] Kim, H., Batten, J. A., & Ryu, D. (2020). Financial crisis, bank diversification, and financial stability: OECD countries. International review of economics & finance, 65, 94–104. https://doi.org/10.1016/j.iref.2019.08.009
[45] Ahamed, M. M., & Mallick, S. K. (2019). Is financial inclusion good for bank stability? International evidence. Journal of economic behavior & organization, 157, 403–427. https://doi.org/10.1016/j.jebo.2017.07.027
[46] Chen, M. A., Wu, Q., & Yang, B. (2019). How valuable is FinTech innovation? The review of financial studies, 32(5), 2062–2106. https://doi.org/10.1093/rfs/hhy130
[47] Preacher, K. J., & Hayes, A. F. (2008). Asymptotic and resampling strategies for assessing and comparing indirect effects in multiple mediator models. Behavior research methods, 40(3), 879–891. https://doi.org/10.3758/BRM.40.3.879
[48] Giaretta, E., & Chesini, G. (2021). The determinants of debt financing: The case of fintech start-ups. Journal of innovation & knowledge, 6(4), 268–279. https://doi.org/10.1016/j.jik.2021.10.001
[49] Boot, A., Hoffmann, P., Laeven, L., & Ratnovski, L. (2021). Fintech: What’s old, what’s new? Journal of financial stability, 53, 100836. https://doi.org/10.1016/j.jfs.2020.100836
