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British are moving to digital banking faster than USA

British are moving to digital banking faster than USA

06 Nov 15:00 by Paulius Grimalis

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Nearly three-quarters of UK residents now do most of their banking online, 77% are considering switching to a digital-only bank and only 21% expect to visit a bank branch in the next three months, according to research.

But although digital challenger banks have quickly built up their customer bases, most customers use them as secondary accounts, usually as an additional card for everyday spending. These users still have their salaries paid into traditional banks, which they use for banking services such as loans and mortgages

 

Read more at: https://www.computerweekly.com/news/252473368/Brits-moving-to-digital-banking-channel-faster-than-people-in-the-US

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