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Consumer protection issues arise as new entrants like Monzo and Revolut challenge established providers, with demands made regarding market practices and network usage.

1 report, 1 independent Updated May 28
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Consumer protection issues arise as new entrants like Monzo and Revolut challenge established providers, with demands made regarding market practices and network usage.

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How it developed

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  1. Revolut and Monzo are cited as examples of the ongoing neobank market trend.Sub-event
  2. New entrants challenge established providers amid calls for better consumer protection.1 source

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