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How can bank-specific or firm-level FinTech activities be quantitatively measured?

Direct measurement of FinTech engagement can be difficult due to diverse implementations.I am exploring firm-level proxies like investments, patents, and partnerships.Reliable metrics are needed for quantitative research on technology adoption in banking.

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By Kumar Answered 7 months ago

From my experience, effective firm-level proxies include patent filings, partnership announcements, and investment in digital platforms. I have seen researchers use textual analysis of annual reports and databases like Capital IQ, USPTO, and Crunchbase to capture adoption patterns. For example, studies like Fuster et al. track mortgage technology adoption to quantify FinTech engagement. I would recommend triangulating multiple sources to ensure that proxies reflect actual technological integration rather than mere strategic signaling.

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