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":"b1ef4b79205660fef3ddcaf31295f49f","s":"61339488d04d3815"}
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