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":"59735d4846c2ad842fb4880d75d012f6","s":"bb804f6cf8024564"}
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