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Silicon Valley tried to upend banks but now it works with them

Published Tue, Feb 28, 2017 · 09:50 PM

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    San Francisco

    IN 2011, Brett King was promoting his book, Breaking Banks, and creating a startup that he hoped would do to the banks what Amazon did to the retail industry and Facebook did to media.

    "We had grand ideas of being the Facebook of banking, and being a new form of bank account," Mr King said recently.

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