Page 216 - Flip Banks TG

PEST - TSB

Banking has been battered by
misfortunes of its own making, but the
challenger banks lacked immediate
success resulting in a call for regulatory
actions.

Challenger banks revenue growth are
dependent on developing their
acquired customer account base.

Climate change and criminal money
laundering are some of the social
issues.

IT and digital disruption is a feature
of the banking industry. Blockchain,
FinTech companies are integrating
with banks in the industry.

Diagram 3: TSB Bank