{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,5,18]],"date-time":"2026-05-18T21:08:03Z","timestamp":1779138483365,"version":"3.51.4"},"reference-count":41,"publisher":"Springer Science and Business Media LLC","issue":"1","license":[{"start":{"date-parts":[[2023,7,25]],"date-time":"2023-07-25T00:00:00Z","timestamp":1690243200000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.springernature.com\/gp\/researchers\/text-and-data-mining"},{"start":{"date-parts":[[2023,7,25]],"date-time":"2023-07-25T00:00:00Z","timestamp":1690243200000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/www.springernature.com\/gp\/researchers\/text-and-data-mining"}],"funder":[{"DOI":"10.13039\/501100001809","name":"National Natural Science Foundation of China","doi-asserted-by":"publisher","award":["72121001"],"award-info":[{"award-number":["72121001"]}],"id":[{"id":"10.13039\/501100001809","id-type":"DOI","asserted-by":"publisher"}]},{"DOI":"10.13039\/501100001809","name":"National Natural Science Foundation of China","doi-asserted-by":"publisher","award":["72131005"],"award-info":[{"award-number":["72131005"]}],"id":[{"id":"10.13039\/501100001809","id-type":"DOI","asserted-by":"publisher"}]}],"content-domain":{"domain":["link.springer.com"],"crossmark-restriction":false},"short-container-title":["Inf Technol Manag"],"published-print":{"date-parts":[[2025,3]]},"DOI":"10.1007\/s10799-023-00406-x","type":"journal-article","created":{"date-parts":[[2023,7,25]],"date-time":"2023-07-25T12:02:39Z","timestamp":1690286559000},"page":"117-137","update-policy":"https:\/\/doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":4,"title":["Optimal interest rates personalization in FinTech lending"],"prefix":"10.1007","volume":"26","author":[{"given":"Yangyin","family":"Lin","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Qiang","family":"Ye","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-4303-1689","authenticated-orcid":false,"given":"Hao","family":"Xia","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"297","published-online":{"date-parts":[[2023,7,25]]},"reference":[{"key":"406_CR1","unstructured":"Feyen EH, Natarajan H, Saal M (2022) Fintech and the Future of Finance - Overview. Tech. rep., World Bank Group., Washington, D.C., http:\/\/documents.worldbank.org\/curated\/en\/099450005162250110\/P17300600228b70070914b0b5edf26e2f9f"},{"key":"406_CR2","unstructured":"Goswami A, Borasi P, Kumar V (2021) FinTech Lending Market Outlook - 2030. Tech. rep., Allied Market Research, Portland, https:\/\/www.alliedmarketresearch.com\/fintech-lending-market-A14263"},{"issue":"4","key":"406_CR3","doi-asserted-by":"publisher","first-page":"494","DOI":"10.1093\/joclec\/nhz003","volume":"14","author":"M de la Mano","year":"2018","unstructured":"de la Mano M, Padilla J (2018) Big Tech Banking. J Compet Law Econ 14(4):494\u2013526. https:\/\/doi.org\/10.1093\/joclec\/nhz003","journal-title":"J Compet Law Econ"},{"issue":"887","key":"406_CR4","first-page":"1","volume":"1","author":"G Cornelli","year":"2020","unstructured":"Cornelli G, Frost J, Gambacorta L et al (2020) Fintech and big tech credit: a new database. Bank Int Settl Work Paper 1(887):1\u201335","journal-title":"Bank Int Settl Work Paper"},{"issue":"117","key":"406_CR5","first-page":"1","volume":"1","author":"E Feyen","year":"2021","unstructured":"Feyen E, Frost J, Gambacorta L et al (2021) Fintech and the digital transformation of financial services: implications for market structure and public policy. Bank Int Settl Work Paper 1(117):1\u201364","journal-title":"Bank Int Settl Work Paper"},{"key":"406_CR6","doi-asserted-by":"publisher","unstructured":"Huang Y, Li X, Qiu H, et\u00a0al (2022) BigTech Credit and Monetary Policy Transmission: Micro-Level Evidence from China. China Center Econ Res Work Paper Series. https:\/\/doi.org\/10.2139\/ssrn.4176100","DOI":"10.2139\/ssrn.4176100"},{"key":"406_CR7","doi-asserted-by":"publisher","DOI":"10.1016\/j.jfs.2020.100836","author":"A Boot","year":"2021","unstructured":"Boot A, Hoffmann P, Laeven L et al (2021) Fintech: what\u2019s old, what\u2019s new? J Financ Stabil. https:\/\/doi.org\/10.1016\/j.jfs.2020.100836","journal-title":"J Financ Stabil"},{"key":"406_CR8","unstructured":"Vzoom (2020) Prospectus of shenzhen vzoom credit technology co., ltd. Tech. rep., http:\/\/static.sse.com.cn\/stock\/information\/c\/202011\/92e822455f3b492f9d8ea20234971962.pdf"},{"key":"406_CR9","doi-asserted-by":"crossref","unstructured":"Berg T, Fuster A, Puri M (2021) FinTech Lending. NBER Working Paper 29421","DOI":"10.3386\/w29421"},{"key":"406_CR10","volume-title":"Microeconomics of Banking","author":"X Freixas","year":"2008","unstructured":"Freixas X, Rochet JC (2008) Microeconomics of Banking, 2nd edn. MIT Press, Cambridge","edition":"2"},{"key":"406_CR11","volume-title":"Asset pricing, revised","author":"J Cochrane","year":"2007","unstructured":"Cochrane J (2007) Asset pricing, revised, ed. Princeton University Press, Princeton","edition":"ed"},{"key":"406_CR12","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2016.2531","author":"Z Wei","year":"2016","unstructured":"Wei Z, Lin M (2016) Market mechanisms in online peer-to-peer lending. Manag Sci. https:\/\/doi.org\/10.1287\/mnsc.2016.2531","journal-title":"Manag Sci"},{"issue":"3","key":"406_CR13","doi-asserted-by":"publisher","first-page":"393","DOI":"10.2307\/1802787","volume":"71","author":"JE Stiglitz","year":"1981","unstructured":"Stiglitz JE, Weiss A (1981) Credit rationing in markets with rationing credit information imperfect. Am Econ Rev 71(3):393\u2013410. https:\/\/doi.org\/10.2307\/1802787","journal-title":"Am Econ Rev"},{"issue":"3","key":"406_CR14","doi-asserted-by":"publisher","first-page":"488","DOI":"10.2307\/1879431","volume":"84","author":"GA Akerlof","year":"1970","unstructured":"Akerlof GA (1970) The Market for \u201cLemons\u2019\u2019: quality Uncertainty and the market mechanism. Q J Econ 84(3):488. https:\/\/doi.org\/10.2307\/1879431","journal-title":"Q J Econ"},{"issue":"5","key":"406_CR15","doi-asserted-by":"publisher","first-page":"1939","DOI":"10.1093\/rfs\/hhy100","volume":"32","author":"B Valle","year":"2019","unstructured":"Valle B, Zeng Y (2019) Marketplace lending: a new banking paradigm? Rev Financ Studi 32(5):1939\u20131982. https:\/\/doi.org\/10.1093\/rfs\/hhy100","journal-title":"Rev Financ Studi"},{"issue":"1","key":"406_CR16","doi-asserted-by":"publisher","first-page":"17","DOI":"10.1287\/mnsc.1120.1560","volume":"59","author":"M Lin","year":"2013","unstructured":"Lin M, Prabhala NR, Viswanathan S (2013) Judging borrowers by the company they keep: friendship networks and information asymmetry in online peer-to-peer lending. Manage Sci 59(1):17\u201335. https:\/\/doi.org\/10.1287\/mnsc.1120.1560","journal-title":"Manage Sci"},{"key":"406_CR17","doi-asserted-by":"publisher","first-page":"463","DOI":"10.1146\/annurev-financial-111914-041939","volume":"7","author":"A Morse","year":"2015","unstructured":"Morse A (2015) Peer-to-Peer crowdfunding\u202f: information and the potential for disruption in consumer lending. Ann Rev Finance Econ 7:463\u2013482. https:\/\/doi.org\/10.1146\/annurev-financial-111914-041939","journal-title":"Ann Rev Finance Econ"},{"issue":"1","key":"406_CR18","doi-asserted-by":"publisher","first-page":"72","DOI":"10.1287\/isre.2020.0990","volume":"32","author":"R Fu","year":"2021","unstructured":"Fu R, Huang Y, Singh PV (2021) Crowds, lending, machine, and bias. Inf Syst Res 32(1):72\u201392. https:\/\/doi.org\/10.1287\/isre.2020.0990","journal-title":"Inf Syst Res"},{"key":"406_CR19","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2022.4319","author":"T Balyuk","year":"2022","unstructured":"Balyuk T (2022) FinTech lending and bank credit access for consumers. Manag Sci. https:\/\/doi.org\/10.1287\/mnsc.2022.4319","journal-title":"Manag Sci"},{"key":"406_CR20","unstructured":"Gambacorta L, Huang Y, Qiu H (2019) How do machine learning and non-traditional data effect credit scoring. BIS Working Papers 834"},{"key":"406_CR21","doi-asserted-by":"publisher","DOI":"10.2139\/SSRN.3507827","author":"S Agarwal","year":"2020","unstructured":"Agarwal S, Alok S, Ghosh P et al (2020) Financial inclusion and alternate credit scoring: role of big data and machine learning in fintech. SSRN Electron J. https:\/\/doi.org\/10.2139\/SSRN.3507827","journal-title":"SSRN Electron J"},{"issue":"7","key":"406_CR22","doi-asserted-by":"publisher","first-page":"2845","DOI":"10.1093\/rfs\/hhz099","volume":"33","author":"T Berg","year":"2020","unstructured":"Berg T, Burg V, Gombovi\u0107 A et al (2020) On the rise of fintechs: credit scoring using digital footprints. Rev Financ Stud 33(7):2845\u20132897. https:\/\/doi.org\/10.1093\/rfs\/hhz099","journal-title":"Rev Financ Stud"},{"issue":"4","key":"406_CR23","doi-asserted-by":"publisher","first-page":"1140","DOI":"10.1287\/isre.2020.0956","volume":"32","author":"Z Wu","year":"2021","unstructured":"Wu Z, Hu L, Lin Z et al (2021) Competition and distortion: a theory of information bias on the peer-to-peer lending market. Inf Syst Res 32(4):1140\u20131154. https:\/\/doi.org\/10.1287\/isre.2020.0956","journal-title":"Inf Syst Res"},{"issue":"4","key":"406_CR24","doi-asserted-by":"publisher","first-page":"3090","DOI":"10.1287\/mnsc.2021.3996","volume":"68","author":"P Avramidis","year":"2022","unstructured":"Avramidis P, Mylonopoulos N, Pennacchi GG (2022) The role of marketplace lending in credit markets: evidence from bank mergers. Manage Sci 68(4):3090\u20133111. https:\/\/doi.org\/10.1287\/mnsc.2021.3996","journal-title":"Manage Sci"},{"key":"406_CR25","doi-asserted-by":"publisher","first-page":"429","DOI":"10.2307\/2938210","volume":"58","author":"T Broecker","year":"1990","unstructured":"Broecker T (1990) Credit-worthiness tests and interbank competition. Econometrica 58:429. https:\/\/doi.org\/10.2307\/2938210","journal-title":"Econometrica"},{"key":"406_CR26","doi-asserted-by":"publisher","first-page":"393","DOI":"10.2307\/2297430","volume":"51","author":"DW Diamond","year":"1984","unstructured":"Diamond DW (1984) Financial intermediation and delegated monitoring. Rev Econ Stud 51:393\u2013414. https:\/\/doi.org\/10.2307\/2297430","journal-title":"Rev Econ Stud"},{"key":"406_CR27","doi-asserted-by":"publisher","DOI":"10.1017\/CBO9780511752070.006","volume-title":"Banking, financial intermediation and corporate finance","author":"M Hellwig","year":"1991","unstructured":"Hellwig M (1991) Banking, financial intermediation and corporate finance. Cambridge University Press, Cambridge"},{"key":"406_CR28","doi-asserted-by":"publisher","first-page":"663","DOI":"10.1162\/003355397555316","volume":"112","author":"B Holmstrom","year":"1997","unstructured":"Holmstrom B, Tirole J (1997) Financial intermediation, loanable funds, and the real sector. Q J Econ 112:663\u2013691. https:\/\/doi.org\/10.1162\/003355397555316","journal-title":"Q J Econ"},{"key":"406_CR29","doi-asserted-by":"publisher","first-page":"197","DOI":"10.1016\/S0022-0531(05)80048-1","volume":"57","author":"S Krasa","year":"1992","unstructured":"Krasa S, Villamil AP (1992) Monitoring the monitor: an incentive structure for a financial intermediary. J Econ Theory 57:197\u2013221. https:\/\/doi.org\/10.1016\/S0022-0531(05)80048-1","journal-title":"J Econ Theory"},{"issue":"8","key":"406_CR30","doi-asserted-by":"publisher","first-page":"3792","DOI":"10.1287\/mnsc.2016.2706","volume":"64","author":"T Beck","year":"2018","unstructured":"Beck T, Ioannidou V, Sch\u00e4fer L (2018) Foreigners vs. natives: bank lending technologies and loan pricing. Manag Sci 64(8):3792\u20133820. https:\/\/doi.org\/10.1287\/mnsc.2016.2706","journal-title":"Manag Sci"},{"issue":"1","key":"406_CR31","doi-asserted-by":"publisher","first-page":"123","DOI":"10.1287\/mksc.2017.1061","volume":"37","author":"W Bao","year":"2018","unstructured":"Bao W, Ni J, Singh S (2018) Informal lending in emerging markets. Mark Sci 37(1):123\u2013137. https:\/\/doi.org\/10.1287\/mksc.2017.1061","journal-title":"Mark Sci"},{"issue":"3","key":"406_CR32","doi-asserted-by":"publisher","first-page":"1329","DOI":"10.1111\/j.1540-6261.2005.00763.x","volume":"60","author":"JH Boyd","year":"2005","unstructured":"Boyd JH, De Nicol\u00f3 G (2005) The theory of bank risk taking and competition revisited. J Financ 60(3):1329\u20131343. https:\/\/doi.org\/10.1111\/j.1540-6261.2005.00763.x","journal-title":"J Financ"},{"key":"406_CR33","unstructured":"BIS (2019) III. Big tech in finance: opportunities and risks. BIS Annual Economic Report 2019 pp 55\u201380. www.bis.org"},{"key":"406_CR34","doi-asserted-by":"crossref","unstructured":"Sinha P, Zoltners AA (1979) The multiple-choice knapsack problem. Operat Res 27(3):503\u2013515.","DOI":"10.1287\/opre.27.3.503"},{"issue":"6","key":"406_CR35","doi-asserted-by":"publisher","first-page":"1412","DOI":"10.1287\/opre.28.6.1412","volume":"28","author":"E Zemel","year":"1980","unstructured":"Zemel E (1980) The linear multiple choice knapsack problem. Operat Res 28(6):1412\u20131423","journal-title":"Operat Res"},{"issue":"3","key":"406_CR36","doi-asserted-by":"publisher","first-page":"756","DOI":"10.1257\/aer.96.3.756","volume":"96","author":"JP Johnson","year":"2006","unstructured":"Johnson JP, Myatt DP (2006) On the simple economics of advertising, marketing, and product design. Am Econ Rev 96(3):756\u2013784","journal-title":"Am Econ Rev"},{"issue":"1","key":"406_CR37","doi-asserted-by":"publisher","first-page":"93","DOI":"10.1287\/isre.2013.0511","volume":"25","author":"Y Kwark","year":"2014","unstructured":"Kwark Y, Chen J, Raghunathan S (2014) Online product reviews: implications for retailers and competing manufacturers. Inf Syst Res 25(1):93\u2013110. https:\/\/doi.org\/10.1287\/isre.2013.0511","journal-title":"Inf Syst Res"},{"key":"406_CR38","doi-asserted-by":"crossref","unstructured":"Lewis TR, Sappington DE (1994) Supplying information to facilitate price discrimination. Int Econ Rev 309\u2013327","DOI":"10.2307\/2527055"},{"key":"406_CR39","doi-asserted-by":"publisher","DOI":"10.2139\/ssrn.2705043","author":"S Petriconi","year":"2015","unstructured":"Petriconi S (2015) Bank competition, information choice and inefficient lending booms. Inf Choice Inefficient Lend Booms. https:\/\/doi.org\/10.2139\/ssrn.2705043","journal-title":"Inf Choice Inefficient Lend Booms"},{"issue":"4","key":"406_CR40","doi-asserted-by":"publisher","first-page":"1073","DOI":"10.1093\/rfs\/hhh011","volume":"17","author":"M Ruckes","year":"2004","unstructured":"Ruckes M (2004) Bank competition and credit standards. Rev Financ Stud 17(4):1073\u20131102","journal-title":"Rev Financ Stud"},{"issue":"1","key":"406_CR41","doi-asserted-by":"publisher","first-page":"38","DOI":"10.1287\/opre.2016.1553","volume":"65","author":"R Mookerjee","year":"2017","unstructured":"Mookerjee R, Kumar S, Mookerjee VS (2017) Optimizing performance-based internet advertisement campaigns. Oper Res 65(1):38\u201354. https:\/\/doi.org\/10.1287\/opre.2016.1553","journal-title":"Oper Res"}],"container-title":["Information Technology and Management"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/link.springer.com\/content\/pdf\/10.1007\/s10799-023-00406-x.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/link.springer.com\/article\/10.1007\/s10799-023-00406-x\/fulltext.html","content-type":"text\/html","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/link.springer.com\/content\/pdf\/10.1007\/s10799-023-00406-x.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,2,3]],"date-time":"2025-02-03T07:18:15Z","timestamp":1738567095000},"score":1,"resource":{"primary":{"URL":"https:\/\/link.springer.com\/10.1007\/s10799-023-00406-x"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2023,7,25]]},"references-count":41,"journal-issue":{"issue":"1","published-print":{"date-parts":[[2025,3]]}},"alternative-id":["406"],"URL":"https:\/\/doi.org\/10.1007\/s10799-023-00406-x","relation":{},"ISSN":["1385-951X","1573-7667"],"issn-type":[{"value":"1385-951X","type":"print"},{"value":"1573-7667","type":"electronic"}],"subject":[],"published":{"date-parts":[[2023,7,25]]},"assertion":[{"value":"26 June 2023","order":1,"name":"accepted","label":"Accepted","group":{"name":"ArticleHistory","label":"Article History"}},{"value":"25 July 2023","order":2,"name":"first_online","label":"First Online","group":{"name":"ArticleHistory","label":"Article History"}}]}}