Friday, September 23, 2016

'Nonbank Attackers' Could Eat Banks' Lunch in Payments: McKinsey

Financial institutions must act on the "urgent and fundamental" need to transform the correspondent banking system, the consulting firm said in an annual report on global payments.

from American Banker http://www.americanbanker.com/news/consumer-finance/nonbank-attackers-could-eat-banks-lunch-in-payments-mckinsey-1091572-1.html

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