The Rise of Cyber Branches in Banking
Andrew P. Meyer
On the Economy from Federal Reserve Bank of St. Louis
Abstract:
Banks are increasingly using online-only branches, or “cyber” branches, to gather deposits nationwide, leading to difficulties when measuring market concentration.
Keywords: Online banking; Market concentration; Competition; Cyber banking; Technology (search for similar items in EconPapers)
Date: 2020-06-30
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:88262
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