Banking and Financial Markets How Banks and Financial Technology Are Reshaping Financial Markets /

• Main Authors: Bilan, Andrada (Author, http://id.loc.gov/vocabulary/relators/aut), Degryse, Hans (http://id.loc.gov/vocabulary/relators/aut), O'Flynn, Kuchulain (http://id.loc.gov/vocabulary/relators/aut), Ongena, Steven (http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2019.
• Edition: 1st ed. 2019.
• Series: Palgrave Macmillan Studies in Banking and Financial Institutions,
• Subjects: Banks and banking.; Capital market.; Management.; Industrial management.; Banking.; Capital Markets.; Innovation/Technology Management.

The traditional role of a bank was to transfer funds from savers to investors, engaging in maturity transformation, screening for borrower risk and monitoring for borrower effort in doing so. A typical loan contract was set up along six simple dimensions: the amount, the interest rate, the expected...