Under Attack: Outsiders Threatening Traditional Business Banking Models
4/19/18 2:22 PM / by Derik Sutton
Community banks and credit unions should be the financial hub for their small-medium business clients. But community institutions are losing large parts of those relationships to non-traditional providers like Quickbooks, PayPal, Xero and others. Traditional banking providers must take decisive action to stop the bleeding, counter the trend, and win back their commercial clients before it’s too late.