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A Letter to Bank and Credit Union Software Vendors
Dear bank and credit union software vendors, Mea culpa. Years ago, when I was a chief product officer involved in...
Banks have, for some time, seen a drain on consumer deposits, and it seems that fintechs are making up the difference. A new report by Cornerstone Advisors found that so far this year, fintechs have managed to capture 47% of new checking account openings.
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