COVID-19, the Accelerated Adoption of Digital Technologies, and the Changing Landscape of Branch Banking
Wade H. Litt
Choices: The Magazine of Food, Farm, and Resource Issues, 2021, vol. 36, issue 3
Abstract:
Through its rapid acceleration of digitalization, COVID-19 is affecting the banking industry in many ways. This paper explores how historical bank digitalization and efficiency gains influenced branch closures in the United States from 2009 to 2020, and results indicate that we may see an increase in post-pandemic branch closures.
Keywords: Agribusiness; Community/Rural/Urban Development; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaeach:313124
DOI: 10.22004/ag.econ.313124
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