Financial services
May 20, 2020
Net income as percent of revenue of banks versus nonbank brands. Image courtesy of Forrester Research
By Dianna Dilworth
While banks have a history and a heritage of trust among affluent consumers, new companies are threatening their relevance and livelihood as they disrupt the institution.
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","iv":"6e48576d13ae1e64ff9286d51ed90eb1","s":"59bbf38481de7c27"}
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