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Evaluating Fintech industry's risks: A preliminary analysis based on CRISP-DM framework

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  • Cheng, Aijun

Abstract

The Fintech sector has grown rapidly since the 2008 global financial crisis. The growth of the industry has thereafter been shaped by the COVID-19 pandemic, a crisis with substantial implications for economic stability. The risk profile of fintech firms was examined using the CRISP-DM framework, which facilitated the classification and clustering of algorithms and regression models. This paper provides insights into assessing financial risk by combining econometric modeling and machine learning techniques.

Suggested Citation

  • Cheng, Aijun, 2023. "Evaluating Fintech industry's risks: A preliminary analysis based on CRISP-DM framework," Finance Research Letters, Elsevier, vol. 55(PB).
  • Handle: RePEc:eee:finlet:v:55:y:2023:i:pb:s1544612323003380
    DOI: 10.1016/j.frl.2023.103966
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    References listed on IDEAS

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