the largest platform, we demonstrate that a misconduct-driven decline of trust in traditional banking is associated with a …We study the impact of trust on the expansion of online lending in the U.S. over the 2008-2016 period. Using data from … statistically and economically significant increase in online lending at the state level. To the contrary, increased social trust …

concluded that, in an increasingly digital world, trust will remain at the core of banking. That said, liquidity transformation … 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 financial intermediation will be impacted by innovative financial …