The Future of Noninterest Income at Financial Institutions
Abrigo
NOVEMBER 29, 2021
Once accounting for 46 percent of bank revenue (2003), more recently, noninterest income averages closer to 34 percent (2018). To remain competitive, some of the nations’ largest banks have introduced new products. Capital One and Fifth Third Bank have launched programs to give customers early access to direct deposits, up to two days.
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