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billion to examine whether the fintech lending platform could expand credit access to consumers. We find that LendingClubâ …Supersedes Working Paper 17-17 Fintech has been playing an increasing role in shaping financial and banking landscapes …
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bank and a crowdlending platform and show that the entry of crowdlending can induce a switching effect as well as a credit …
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This paper presents an analytical framework that describes the business model of banks. It draws on the classical theory of banking and the literature on digital transformation. It provides an explanation for existing trends and, by extending the theory of the banking firm, it illustrates how...
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