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Fintech: SKEMA professor wins best paper prize

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At the First International FinTech, InsurTech & Blockchain Forum, which took place 24 October in Zurich, Armin Schwienbacher, entrepreneurial finance and fintech teacher (Académie Innovation) and director of the FAIRR research centre at SKEMA, was awarded the prize for the best research paper of 2018.

Entitled “How do banks interact with fintechs? Types of alliance and their effect on bank value”, this research article is the fruit of a joint project that also involved his colleagues Lars Hornuf, professor of finance at the University of Bremen, and Milan Klus and Todor Lohwasser, both PhD students at the University of Münster. 

The study examines how banks react to the arrival of new, more agile fintech companies and shows that, when these companies interact with each other, they do so mainly by forming partnerships associated with fintech products, and it is very rare that they actually purchase these products. 

This international forum was organised by Swiss FinTech Innovation Lab and the University of Zurich. Every year, it aims to bring together university students and practitioners from the financial technology, blockchain and financial services sectors. 

This prize is the latest acknowledgement of SKEMA's contribution to research in the emerging field of finance and its impact on the university community and the professional community. 


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