Friday, 23 September 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.

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

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