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Saxo Payments – Digital disruption continues to put European bank profits at risk

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Saxo Payments - Digital disruption continues to put European bank profits at risk

Disruption in the financial industry has been slowly creeping in for years, and banks are beginning to wake up to the reality of how digitisation, which boosts competition and compresses margins, will eat into the profits of fee-paying services provided by banks all around the world at a rapid pace.Saxo Payments’ blog looks at how collaboration could help protect banks’ profits.

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