Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt
PYMNTS
OCTOBER 6, 2020
Banks are good at creating pain points by making customers sign several forms and documents, Dimon told Sibos attendees. “We For example, Chime CEO Chris Britt recently said that unlike traditional banks that earn money off of fees and interest from loans, his company’s profits come mostly from card usage. We've got to do more of it.”.
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