Innovation in Banking and Financial Intermediaries

This volume provides a thorough examination of the drivers of recent innovations in the financial sector. The book's distinctive feature lies in its unique integration of two subjects of particular relevance in the fields of finance and banking: Environmental, Social and Governance (ESG) policies and Fintech innovations.

Autorentext

Enrico Fioravante Geretto is a Full Professor of Bank Risk Management in the Department of Economics and Statistics, University of Udine, Italy.

Egidio Palmieri is a Senior Research Fellow in Bank Risk Management at the University of Udine, Italy and Researcher at the "Institute of European Finance", Bangor Business School, UK.

Inhalt

1. Introduction Part I: ESG and Innovation in Financial Intermediaries 2.ESG disruptive innovation: A literature review of ESG rating, regulation, and financial institutions' business practices 3. The ESG-Bank stability nexus: Are ESG-oriented banks more resilient? 4. Climate transition risk in the syndicated loan market 5. Green Bonds as a Driver for Improved Bank Loan Quality and Profitability 6. The Impact of Sustainability-oriented Practices on Banking Efficiency: An Analysis Through DEA Model 7. Exploring Compliance and Sustainability Integration: A Focus on Financial Intermediaries' Internal Control Functions 8. Insurance Firms and ESG Policies: The effect on default risk effect and riskiness 9. Is the stock market considering the impact of ESG factors? A portfolio management perspective Part II: Fintech and Innovations in Financial Intermediaries 10. Machine Learning in support of credit scoring overcoming traditional predictive models: What do we know so far? 11. The dual impact of Digital Lending on European banks: How do Fintech Platforms affect bank stability and loan portfolio quality? 12. Green vs Brown Fintech: Which are the safest? 13. Machine learning in investment strategies. Stock price prediction through Support Vector Machines 14. Mapping the Landscape of Digital Financial Literacy through Education Programs: A Systematic Literature Review 15. Banks and fintech applications in bond markets - An explorative study 16. Conclusion