Innovation and technology have led to the redefinition of business models and development of new ones in many bricks and mortar sectors. Similarly, blockchain and fintech have impacted the finance and banking industries and are expected to further affect them in the future, leading some media to...

Using a randomized experiment in the auto lending industry, we provide causal evidence of higher loan profitability and lower default rates with algorithmic machine underwriting, relative to human underwriting. We find that machine-underwritten loans generate 10.2% higher profit than...

In a globalised world, complicated and diverse interdependencies determine the everyday life of intra- and internationally operating companies. If a company enters a crisis, the clarification of legal issues involving reorganization, restructuring and insolvency advisors is often very complex...