UK-India Bilateral Trade in FinTech and FinTech-Enabled Services: Emerging trends and potential for growth

英国-印度金融科技和金融科技支持服务的双边贸易：新兴趋势和增长潜力

• 批准号: ES/T016213/1
• 负责人: Thankom Arun
• 金额: $ 42.02万
• 依托单位: University of Essex
• 依托单位国家: 英国
• 项目类别: Research Grant
• 财政年份: 2021
• 资助国家: 英国
• 起止时间: 2021 至 无数据
• 项目状态: 未结题
• 来源: https://gtr.ukri.org/projects?ref=ES%2FT016213%2F1
• 关键词: UK; India; Bilateral; Trade; FinTech

FinTech refers to a wide range of ways in which new technologies are being used to deliver financial services, often delivered by start-up firms rather than established financial services firms such as banks. This project aims to enable increases in the quantity and maximise the benefits of trade between India and the UK by identifying potential changes to FinTech-related regulation, policy and practice at a time of rapid growth in the sector. Trade between India and the UK has the potential to grow enormously, benefiting consumers, businesses and governments in both nations; given the thriving state of the domestic FinTech industries in both countries, but low levels of trade in in FinTech and FinTech-enabled services, enhancing trade in this area is a particularly promising avenue for strengthening bilateral trade in goods and services between the two countries.We have four research aims, which are expressed in our research questions:(1) What is the current evidence on barriers to and enablers of trade in FinTech and FinTech-enabled services?(2) What changes could be made to regulation, policy, practice and investment to increase the quantity and maximise the benefits of FinTech trade between India and the UK?(3) What are the factors specific to FinTech start-ups that influence their ability and appetite to trade internationally?(4) What is the role of FinTech in promoting cross-border investment?The proposed project will adopt mixed-methods, including literature reviewing, documentary analysis, qualitative interviewing, and analysis of quantitative firm-level data to establish the barriers to and enablers of trade in FinTech and FinTech-enabled services in order to identify potential changes to regulation, policy and practice that could increase the quantity and maximise the benefits of FinTech trade between India and the UK.Our research objectives are:(1) to conduct a systematic and comprehensive review of the scholarly and policy/practice literature in order to establish the current evidence on barriers to and enablers of trade in FinTech and FinTech-enabled services;(2) to analyse and assess regulatory, policy, practice and investment documents in order to identify what changes could be made to increase the quantity and maximise the benefits of FinTech trade between India and the UK;(3) to conduct key stakeholder interviews and surveying in order to establish the factors specific to FinTech start-ups that influence their ability and appetite to trade internationally; and(4) assemble and analyse a database of bilateral investments identifying the degree to which each has been facilitated by FinTech in order to establish the role of FinTech in promoting cross-border investment.As well as producing scholarly outputs, our study will produce findings that will be of direct relevance to regulators, policy-makers and various practitioners in FinTech and adjacent sectors. We will disseminate these findings to the relevant audiences in order to provide them with additional tools to enhance trade in FinTech and FinTech-enabled services between India and the UK.The UK project team is led by researchers from the Essex Business School and the Centre for Computational Finance and Economic Agents (CCFEA), School of Economics; Centre for Global Finance, SOAS; Lancashire School of Business and Enterprise. The Indian team is led by RIS, New Delhi; IIDS, New Delhi; GIFT, Thiruvananthapuram. The project will be supported by an international advisory board.

金融科技提到了新技术被用于提供金融服务的各种方式，这些服务通常是由初创公司提供的，而不是银行等老牌金融服务公司。该项目旨在通过确定金融科技相关法规、政策和实践在该行业快速增长之际的潜在变化，实现印度和英国之间贸易数量的增加和利益的最大化。印度和英国之间的贸易具有巨大增长的潜力，使两国的消费者、企业和政府受益；鉴于两国国内金融科技产业的蓬勃发展，但金融科技和金融科技支持的服务贸易水平较低，加强这一领域的贸易是加强两国双边货物和服务贸易的一个特别有前途的途径。我们的研究目标有四个，这些目的体现在我们的研究问题中：(1)目前有什么证据表明金融科技和金融科技支持的服务贸易存在壁垒和促进因素？(2)可以在法规、政策、实践和投资，以增加金融科技在印度和英国之间的贸易数量并最大化其利益？(3)影响金融科技初创企业国际贸易能力和意愿的具体因素是什么？(4)金融科技在促进跨境投资方面的作用是什么？拟议中的项目将采用混合方法，包括文献查阅、文献分析、定性访谈和量化的公司层面数据分析，以建立金融科技和金融科技支持的服务贸易的壁垒和促进因素，以确定监管的潜在变化。我们的研究目标是：(1)对学术和政策/实践文献进行系统和全面的回顾，以建立关于金融科技和金融科技支持的服务贸易壁垒和促成因素的现有证据；(2)分析和评估法规、政策、实践和投资文件，以确定可以做出哪些改变，以增加金融科技在印度和英国之间的贸易数量并使其利益最大化；(3)进行关键利益相关者访谈和调查，以确定影响金融科技初创企业国际贸易能力和胃口的具体因素；以及(4)汇编和分析双边投资数据库，确定金融科技在多大程度上为每项投资提供便利，以确立金融科技在促进跨境投资方面的作用。除了产生学术成果外，我们的研究还将产生与监管机构、政策制定者和金融科技及邻近行业的各种从业者直接相关的研究结果。我们将向相关受众传播这些发现，以便为他们提供额外的工具，以促进印度和英国之间由金融科技和金融科技支持的服务之间的贸易。英国项目团队由来自埃塞克斯商学院和经济学院计算金融和经济代理中心、南澳全球金融中心和兰开夏郡商业和企业学院的研究人员领导。印度队由新德里的RIS、新德里的IIDS、Thiruvananthapuram的Gift领导。该项目将得到一个国际顾问委员会的支持。

项目成果

Handbook of Banking and Finance in Emerging Markets

新兴市场银行与金融手册

• DOI: 10.4337/9781800880900.00025
• 发表时间: 2022
• 作者: Arun T

Fair immunization and network topology of complex financial ecosystems

复杂金融生态系统的公平免疫和网络拓扑

• DOI: 10.1016/j.physa.2023.128456
• 发表时间: 2023
• 期刊: Statistical Mechanics and its Applications
• 作者: Giansante S

Digital Lending in Fintech India - UK Comparison

• DOI: 10.2139/ssrn.4558960
• 发表时间: 2023
• 期刊: SSRN Electronic Journal
• 作者: T. Arun;Sheri M. Markose;Victor Murinde;Philip Kostov;Ahmed Khan;Nihan Arı;Varnika Goel;Rashika Sethi

Guest Editorial

客座社论

• DOI: 10.1068/c3203ed
• 发表时间: 2014
• 期刊: Government and Policy
• 作者: Comunian R

Corporate acquisitions and firm-level uncertainty: Domestic versus cross-border deals

公司收购和公司层面的不确定性：国内交易与跨境交易

• DOI: 10.1016/j.jimonfin.2023.102988
• 发表时间: 2024
• 期刊: Journal of International Money and Finance
• 影响因子: 2.5
• 作者: Bai Y