Banks Could Increase Annual Revenues by Nearly 4% by Embracing Innovative Business Models of Digital-Only Players, Accenture Report Finds

NEW YORK; Nov. 9, 2021 – By rethinking their business models and embracing the innovative strategies of digital-only banking and financial services new entrants, traditional banks could boost revenues by nearly 4% annually, resulting in more than half a trillion dollars in additional revenues by 2025, according to a new report from Accenture (NYSE: ACN).

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