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The Rise of Cyber Branches in Banking


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;

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File(s): File format is text/html https://www.stlouisfed.org/on-the-economy/2020/june/rise-cyber-branches-banking
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Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2020-06-30