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Posts Tagged ‘Nonbank’

row of green apples where one is square

Non-Bank Financial Institutions: What is the landscape of these payment providers?

By Jim Olney | March 29, 2022

“Non-bank financial institutions,” or NBFIs for short, are organizations without banking licenses that offer various banking services. This is a clunky way of making something familiar sound foreign or abstract. If this definition isn’t quite clicking, fear not. I bet you’re more likely to recognize an NBFI by its brand name than the generic term.

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