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":"b947e8c78dd26bd6ae710d36e8019fd1","s":"785f5a67eedf05c6"}
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