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Banking is a target for disruption by FinTechs partly because: Banks have concentrated many profitable services into one integrated offering. The risk of bank runs

Banking is a target for disruption by FinTechs partly because: Banks have concentrated many profitable services into one integrated offering. The risk of bank runs and bank failures has reached unacceptable levels. Regulators have encouraged startups to jump in to increase banking competition. The banks have little interest to enter into FinTech

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Fundamentals Of Financial Management

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