We compare the performance of unsecured personal installment loans made by traditional bank lenders with that of … statistical noise. In 2013 and 2016, the largest bank lenders experienced the highest ratio of nonperformance, the highest … inherent credit risk, rather than by lending inefficiency. LendingClub’s performance was similar to small bank lenders as of …

Using 2013 and 2016 data, we compare the performance of unsecured consumer loans made by U.S. bank holding companies to … ratio, adjusted for statistical noise, and the minimum ratio gauges lending inefficiency. In 2013 and 2016, the largest bank … similar to the high average efficiency of the largest bank lenders - a conclusion that may not be applicable to other fintech …

is the bank-fintech collaboration, which will create new value for ecosystem partners and speed up innovation. Our study … services platform embedded in a broader ecosystem to facilitate the bank-fintech collaboration. …

markets and in areas that have fewer bank branches per capita. We also find that the portion of LendingClub loans increases in …

loans for home buyers and small businesses, and restrictions on bank branching posed a high barrier to competition. Today … — leading to a 77 percent increase in the number of bank offices since the CRA's passage. Furthermore, a growing share of … their CRA evaluations — contravening the CRA's requirement that lending be consistent with bank safety and soundness. In …

from banks and toward fintechs is significantly stronger in more racially biased counties, and the bank approval disparity …

bank approval disparity is also larger in more racially biased counties. We conclude that insofar as automation by fintechs …

, we show that fintech loans to entrepreneurs are more likely to be unsecured and short-term while bank loans are expected …