The Fintech and Financial Institutions Research Conference is a forum for presenting and sharing current research on the connectivity between fintech organizations and the greater financial services system. The conference will focus on enhancing our understanding of the economic consequences and impacts, as well as the regulatory implications, of the growing fintech sector.
This event is jointly planned and sponsored by the University of Delaware and the Federal Reserve Bank of Philadelphia.
The conference aims to foster and facilitate meaningful academic discussions among leading researchers and policymakers in this rapidly evolving field. These conversations will shape our understanding of how business decisions, policy choices, and societal events influence economic outcomes correlated with fintech growth.
The FinTech Innovation Hub at the University of Delaware’s STAR Campus is committed to building a diverse, equitable, and inclusive innovation community that prioritizes financial health across the nation. The collaborative activities of the FinTech Innovation Hub will improve society through research, education, and workforce training, leading to employment, community engagement, and economic impact.
Schedule
7:45 a.m.–8:30 a.m. Breakfast and Registration
8:30 a.m.–9:00 a.m. Welcome Remarks
9:00 a.m.–9:40 a.m. Paper 1
9:40 a.m.–10:20 a.m. Paper 2
10:20 a.m.–10:40 a.m. Break
10:40 a.m.–11:20 a.m. Paper 3
11:20 a.m.–12:00 noon Paper 4
12:00 noon–1:40 p.m. Lunch and Keynote Speaker
1:40 p.m.–2:20 p.m. Paper 5
2:20 p.m.–3:00 p.m. Paper 6
3:00 p.m.–3:20 p.m. Break
3:20 p.m.–4:00 p.m. Paper 7
4:00 p.m.–4:40 p.m. Paper 8
4:40 p.m.–5:00 p.m. Outstanding Paper Award and Closing Remarks
Papers
The papers listed below will be presented at the conference with their discussants. The presenting author for each paper is listed in bold.
Paper 1: “Algorithmic Underwriting in High-Risk Mortgage Markets,” by Janet Gao, Hanyi (Livia) Yi, and David Zhang
Author affiliations: Georgetown University, Boston College, and Rice University
Discussant: Matthew Plosser, Federal Reserve Bank of New York
Paper 2: “Mobile Internet, Digital Collateral, and Banking,” by Angelo D'Andrea, Patrick Hitayezu, Roland Kpodar, Nicola Limodio, and Andrea Presbitero
Author affiliations: Bank of Italy, Rwanda Ministry of Finance and Economic Planning (formerly), International Monetary Fund, Bocconi University, and International Monetary Fund
Discussant: Apoorv Gupta, Dartmouth College
Paper 3: “A Theory of Speculation in Community Assets,” by Kevin Mei and Michael Sockin
Author affiliations: University of Texas at Austin (both authors)
Discussant: Ariel Zetlin-Jones, Carnegie Mellon University
Paper 4: “Reaching for Yield in Decentralized Financial Markets,” by Patrick Augustin, Roy Chen-Zhang, and Donghwa Shin
Author affiliations: McGill University, University of North Carolina at Chapel Hill, and University of North Carolina at Chapel Hill
Discussant: Shimon Kogan, the Wharton School of the University of Pennsylvania
Paper 5: “Old Program, New Banks: Online Banks in Small Business Lending,” by Elizabeth Bickmore, Andrew MacKinlay, and Yessenia Tellez
Author affiliations: Virginia Tech (all authors)
Discussant: John Earle, George Mason University
Paper 6: “Bank Branch Density and Bank Runs,” by Efraim Benmelech, Jun Yang, and Michal Zator
Author affiliations: Northwestern University, University of Notre Dame, and University of Notre Dame
Discussant: Jinyuan Zhang, University of California, Los Angeles
Paper 7: “Integrated Intermediation and Fintech Market Power,” by Greg Buchak, Vera Chau, and Adam Jørring
Author affiliations: Stanford University, Swiss Finance Institute, and Boston College
Discussant: Samuel Rosen, Temple University
Paper 8: “Artificial Intelligence and Information Production in Selection Markets: Experimental Evidence from Insurance Intermediation,” by Xing Liu
Author affiliation: Tsinghua University
Discussant: Lindsey Raymond, Massachusetts Institute of Technology
Organizers and Program Committee
Organizers
- Michael Gelman, University of Delaware
- Paul Laux, University of Delaware
- Vitaly Meursault, Federal Reserve Bank of Philadelphia
Program Committee
- Joseph Abadi, Federal Reserve Bank of Philadelphia
- Jack Bao, University of Delaware
- Isil Erel, Ohio State University
- Xiao Fang, University of Delaware
- Laura Field, University of Delaware
- Paul Goldsmith-Pinkham, Yale University
- Itay Goldstein, University of Pennsylvania
- Deeksha Gupta, Johns Hopkins University
- Wenli Li, Federal Reserve Bank of Philadelphia
- Marina Niessner, Indiana University
- Raluca Roman, Federal Reserve Bank of Philadelphia
- Alberto Rossi, Georgetown University
- Philip Strahan, Boston College
- James Vickery, Federal Reserve Bank of Philadelphia
- Gloria Yang Yu, Singapore Management University
Keynote Speaker: Manju Puri
We are pleased to announce that our keynote speaker will be Manju Puri, J. B. Fuqua Professor of Finance at the Fuqua School of Business, Duke University.
Puri has expertise in the field of empirical corporate finance and, in particular, financial intermediation. Her published work spans the areas of commercial banks, investment banks, venture capital, entrepreneurship, behavioral finance, and fintech. Her research has appeared in publications such as the American Economic Review, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies, and she has been the recipient of the Sloan Research Fellowship as well as multiple awards from the National Science Foundation. Her publication record includes more than 30 refereed papers in the top finance and economics journals. Puri’s research has won many awards, including four Best Paper awards at Financial Management Association Annual Meetings, two Western Finance Association Best Paper awards, an All-Star Paper award from the Journal of Financial Economics, the Michael J. Brennan Best Paper award from the Review of Financial Studies, and three Fama-DFA/Jensen Prizes for best paper from the Journal of Financial Economics.