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Nonbanks Leapfrog Banks in Small-Business Cash Management and Treasury

American Banker
Les Dinkin, a managing director for Novantas LLC, said that although small-business owners represent between 10% and 12% of a retail bank’s customers, they account for up to 35% of retail banks’ revenue.

Read more: Nonbanks Leapfrog Banks in Small-Business Cash Management and Treasury

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