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Fintech and Financial Institutions Research Conference

The inaugural conference has concluded. The insightful findings and analyses shared by industry experts at the conference are accessible below. 


The conference was a forum for presenting and sharing current research on the connectivity between fintech organizations and the greater financial services system. The conference focused on enhancing understanding of the economic consequences and impacts, as well as the regulatory implications of the growing fintech sector.


This event was jointly planned and sponsored by the University of Delaware and the Federal Reserve Bank of Philadelphia.


The conference fostered and facilitated meaningful academic discussions among leading researchers and policymakers in this rapidly evolving field. These conversations shaped the 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 STAR Campus remains 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 its research, education, and workforce training leading to employment, community engagement, and economic impact.




                     Session 1: Chair - Jack Bao

Algorithmic Underwriting in High Risk Mortgage Markets by Janet Gao, Hanyi Livia Yi and David Zhang *Best Paper Award Recipients*

                     Discussant: Matthew C. Plosser


Mobile Internet, Digital Collateral, and Banking by Angelo D’Andrea, Patrick Hitayezu, Roland K Kpodar, Nicola Limodio, and Andrea Presbitero                                  Discussant: Apoorv Gupta


                       Session 2: Chair - Daniel Sanches

A Theory of Speculation in Community Assets by Kevin Mei and Michael Sockin

                       Discussant: Ariel Zetlin-Jones


Reaching for Yield in Decentralized Financial Markets by Patrick Augustin, Roy Chen-Zhang, and Donghwa Shin

                       Discussant: Shimon Kogan


                       Keynote: Manju Puri


                     Session 3: Chair - Phil Strahan

Old Program, New Banks: Online Banks in Small Business Lending by Elizabeth Bickmore, Andrew MacKinlay, and Yessenia Tellez

                    Discussant: John Hackney


Bank Branch Density and Bank Runs by Efraim Benmelech, Jun Yang, and Michal Zator

                     Discussant: Jinyuan Zhang


Session 4: Chair - David Yermack

Digital Veblen Goods by Sebeom Oh, Samuel Rosen, and Anthony Zhang

                     Discussant: Joseph Abadi


Artificial Intelligence and Customer Acquisition in Retail Financial Services: Experimental Evidence from Insurance Distribution by Xing Liu                                      Discussant: Lindsey Raymond


  • 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, The 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
Headshot of Professor 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.

Professor 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 American Economic Review, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. She has been the recipient of the Sloan Research Fellowship as well as multiple awards from the National Science Foundation. Her publication record includes over 30 refereed papers in the top finance and economic journals. Her research has won many awards including four best paper awards at the FMA Annual Meetings, two Western Finance Association best paper awards, an All-Star award from Journal of Financial Economics, the Brennan best paper award at the Review of Financial Studies, and three Fama-DFA /Jenson best paper awards in the Journal of Financial Economics.

More About Professor Puri