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How Consumers Pay Bills Is Changing, and That’s Bad News for Banks

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For years pundits have warned banks will lose in the billpay game. Spoiler: They were right. Way back in 2013, Ron Shevlin, now director of research at Cornerstone Advisors, said banks were losing billpay for several reasons: Billers have made it easier to pay bills (via email and other notifications) An aversion to banks among […]

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