He, Zhiguo; Jiang, Sheila; Xu, Douglas; Yin, Xiao - National Bureau of Economic Research - 2022
This paper studies the economics behind the investment in information technologies (IT) by U.S. commercial banks in the …' dealings with information across various lending activities. Investment in communication IT is shown to be associated more with … improving banks' ability of soft information production and transmission, while investment in software IT helps enhance banks …