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":"ea0de1455a7b850f7ce44efe26251649","s":"7863452e82bd74d2"}
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