Can Banks Keep Up With The Joneses?

Can Banks Keep Up With The Joneses?

The banking industry’s business model has traditionally centered on holding consumer’s money. For banks to make money, they have to hold on to that money. But with the growth of e-commerce, the traditional banking model could face some challenges. Today’s consumers want their money, and they want it now. So in order to stay relevant, banks may need to revamp and innovate the way they do business.

Click here to read the full article from “American Banker.”

Print Friendly, PDF & Email