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":"e720c804dc0fb200152bb7d78a58c97e","s":"7da00d13bf2d9d52"}
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