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How Fast Will Banks Adopt New Technology This Time?

Author

Listed:
  • Drew Dahl
  • Andrew P. Meyer
  • Neil Wiggins

Abstract

We offer insight into this question of what might happen with respect to the introduction of new technologies by looking back at what did happen following introduction of an earlier technology: bank websites. If the past is prologue, this may foretell how technological innovations in banking will be diffused in the future.

Suggested Citation

  • Drew Dahl & Andrew P. Meyer & Neil Wiggins, 2017. "How Fast Will Banks Adopt New Technology This Time?," The Regional Economist, Federal Reserve Bank of St. Louis, vol. 25(4).
    • Handle: RePEc:fip:fedlre:00169
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    File URL: https://www.stlouisfed.org/publications/regional-economist/fourth-quarter-2017/banks-adoption-fintech
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    Cited by:

    1. Qilong Cao & Jinglei Li & Hongru Zhang & Yue Liu & Xun Luo, 2022. "Blockchain and Firm Total Factor Productivity: Evidence from China," Sustainability, MDPI, vol. 14(16), pages 1-15, August.

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