Why Big-Bank Tech Spending Is a Boon to Small Banks
Published May 2, 2016 11:30 AM
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Updated February 10, 2020 10:43 AM
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The industry "as a whole" benefits from tech investments at megabanks, says Manuel Chinea, chief operating officer at Popular Community Bank. Big banks have taught consumers how to use new mobile features and small banks can use that knowledge to their advantage, as they roll out new products.