The article discusses the importance of leveraging Banking data for both traditional banks and non-bank companies entering the banking industry. It highlights the challenges faced by both types of institutions in effectively utilizing banking data, such as legacy systems and poor data architecture. The author emphasizes the need for structuring banking data in a way that allows for easy understanding and actionable insights. The article concludes by stating that having a single source of truth for customer data is crucial for scaling and success in the long run.

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