Market share for community and regional banks is slowly being
taken away by "nontraditional" providers of financial services,
whether they be peer-to-peer lending platforms or other
distributors of consumer financial services through the Internet.
In addition, global technology leaders are adopting innovative ways
to transmit money while leveraging their customer information base.
Further disrupting the field are "traditional" financial
institutions with a nearly exclusive online presence that
understand how best to use customer data and preferences to sell
more profitable services, all at reduced costs.
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