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":"f4406dff21b490edd305f2b3249666dd","s":"78dbe6a507af2a3d"}
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