Developments in information technology are fundamentally changing many traditional business models. Progress in the IT … be controlled. In view of the inefficiency of the existing banking system as well as the economic superiority of web …-based alternatives, it seems that it will only be a matter of time before a system change takes place in the banking business. …

We investigate the impact of information and communication technologies (ICT) on local loan officers' autonomy in small … including about 300 Italian banks, we show that banks equipped with more ICT capital and resorting to credit scoring delegate … instrumental variable estimation. The effects on decentralization are strengthened for those banks that jointly hold higher ICT …

, employment and investment relative to firms that get their loan application rejected. In addition, firms with access to FinTech … preserve financial exibility, reduce their bank dependence and exposure to banking shocks. …

the stylized facts of the U.S. economy. We find that the banking sector structure is the main determinant of the long …

We analyze competition in the consumer lending segment between banks and financial technology (or “fintech”) companies … (or “fintechs”) as well as giant technology (or “bigtech”) companies (or “bigtechs”) providing alternative credit. We use … push some banking offers out of the market, both in emerging and developed economies. Furthermore, we show that domestic …

corporate investment efficiency. These findings are valuable for policy practices for technological anti-corruption in the …