Event:
The banking industry is losing ground as non-banking companies such as Apple, Google and TMobile develop their own payment methods and financial products that circumvent the need for banking services
More Notable Events on February 20:
1992 Ross Perot says he'll run for President on Larry King Show
1988 Brian Boitano wins Olympic gold medal in figure skating
1962 John Glenn is 1st American to orbit Earth in Friendship 7
1872 Metropolitan Museum of Art opens in New York City
1839 Congress prohibits dueling in District of Columbia
