Silver Intel Report
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Retailers and Telcos Want to Be the Consumer's Bank

By PYMNTS April 27, 2026 Neutral
Retailers and Telcos Want to Be the Consumer's Bank
Nonbanks across industries are aligning with chartered financial institutions to assemble branded financial ecosystems that have regulated balance sheets as a foundation, reshaping how consumers encounter banking products in the course of routine activity.
Nonbanks across industries are aligning with chartered financial institutions to assemble branded financial ecosystems that have regulated balance sheets as a foundation, reshaping how consumers encounter banking products in the course of routine activity.