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How Old Banks are Learning from a New Breed of Tech Start-Ups

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Banks around the world are realizing that in the rapidly developing world of smartphones and apps they are at risk of falling behind in the innovation race.

Fresh-faced financial technology start-ups (fintechs) are coming up with new mobile-first services – payments, loans, money transfers, digital currencies – and threatening to steal customers, particularly younger ones.

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How Old Banks are Learning from a New Breed of Tech Start-Ups

Source: BBC

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