Big banks focus on modernizing, cutting fees as spectre of fintech and sharing economy looms

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Canada’s big banks aren’t going to give up their dominant position without a fight

Technology firms have turned several industries on their head. The way people buy books, hail a ride home from the bar or find a room for the night while on vacation have all changed.

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And now financial technology or fintech firms are turning their sights on the banking industry, but Canada’s big banks aren’t going to give up their dominant position without a fight.

Read the full article at: www.cbc.ca

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