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COVID Has Given Traditional Banks the Upper Hand: Are They Blowing It?

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The Financial Brand by Bill Streeter

COVID Has Given Traditional Banks the Upper Hand: Are They Blowing It?

The global software development leader will lend industry expertise to help build open source protocol for crypto assets

The pandemic has been portrayed as banking’s greatest disruptor of all time—essentially pushing a big pause button. But, once things resume, “the biggest changes are yet to come!” Will traditional banks keep their current advantage?

EPAM’s Panos Archondakis discusses with The Financial Brand the key findings in our 2020 Consumer Banking Report and the opportunities, challenges, and inevitable changes ahead for traditional financial institutions, fintech and neobanks.

To read the full article, click here: https://thefinancialbrand.com/103418/covid-traditional-banks-challenger-neobank-switch-trust-fintech-big-tech/.

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