Why The Bank-FinTech Relationship Is More Complicated Than Conflicted
PYMNTS
NOVEMBER 1, 2018
report: “The rise of digital innovators in financial services presents a significant threat to the traditional business models of retail banks.”. Citi, Standard Chartered, Bank of America, HSBC and Credit Suisse, for example, all reported third-quarter profit increases from the same period last year. Not So Black-and-White.
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