Research and Markets: Tesco Bank and Virgin Money: Can Banking without the Banks Work?

Banking without the Banks, written by marketing expert Professor Steve Worthington and industry consultant Peter Welch, examines the prospects for non-banks such as Virgin Money and Tesco Bank in the wake of the financial crisis that has damaged the reputation of the traditional' banks. The report sets out specific challenges that the likes of Virgin and Tesco face in building full-service banks.
http://pymnts.com/research-and-markets-tesco-bank-and-virgin-money-can-banking-without-the-banks-work-20111017005702/