Table 3 Estimation results of the second-stage model
Variable | Coefficient | Z-statistic | P-value |
|---|---|---|---|
Constant | − 17.2 | − 15.1 | < 0.001 |
Derivative variable from the registration category | 1.8 | 3.3 | 0.001 |
Derivative variable from the authentication category | 3.4 | 9.1 | < 0.001 |
Derivative variable from the transaction category | 2.3 | 5.8 | < 0.001 |
Derivative variable from the account activity category | 1.6 | 3.4 | 0.001 |
Derivative variable from the debit card category | 5.3 | 6.1 | < 0.001 |
Derivative variable from the recommendation category | 2.3 | 5.6 | < 0.001 |
Derivative variable from the OCR category | 4.2 | 3.5 | 0.001 |
Derivative variable from the setting category | 4.7 | 3.4 | 0.001 |