We study the use and economic impact of AI technologies. We propose a new measure of
firm-level AI investments using employee resumes. Our measure reveals a stark increase in …

Open banking facilitates data sharing consented to by customers who generate the data,
with the regulatory goal of promoting competition between traditional banks and challenger …

Purpose This paper offers an overview of the burgeoning literature on open banking,
focusing on its implications for the financial sector. Design/methodology/approach The …

How does the digital revolution affect bank competition and financial stability? I use hand-
collected data and a novel identification strategy to show that after adopting digital platforms …

Open banking enables loan applicants to easily share payment data, which in theory could
improve credit access by reducing information asymmetry but also raises concerns about …

This study examines the influence of open banking regulation on traditional bank loans in
the emerging markets of the BRICS—Brazil, Russia, India, China, and South Africa. Utilizing …

I study how financial technology reshapes competition among banks. I exploit quasi-random
variation in exposure to the introduction of Brazil's Pix, an instant payment system, and show …

Lenders can exploit households' payment data to infer their creditworthiness. When
households value privacy, they then face a tradeoff between protecting such privacy and …

Consumers dislike sharing data with fintechs but better access to data can improve loan
market outcomes. We study how the California Consumer Privacy Act (CCPA), which grants …

Open banking is an emerging business model that is representative of FinTech. To explore
whether inclusive FinTech can improve bank performance and identify the underlying …