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A Digital Crack in Banking’s Business Model

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The rise of digital innovators in financial services presents a significant threat to the traditional business models of retail banks. Historically, they have generated value by combining different businesses, such as financing, investing, and transactions, which serve their customers’ broad financial needs over the long haul.

For more on this story visit the following link: A Digital Crack in Banking’s Business Model

Source: Mckinsey & Company

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