Branches have been closing en masse across the country as banks ramp up their digital offerings. A new study, however, suggests that customers prefer human interaction over digital offerings.
The fund is set to offer between 100 to 150 SMEs a financing solution that combines a medium term bank loan of about five years with a long-term loan of about seven to 10 years.
With bank branches closing all over the UK, an Uber for banking could be the future. Are bank tellers and advisers going the way of the switchboard operators and town criers of yesteryear?
Two in three European bankers are adopting a risk-averse wait-and-see approach in response to the uncertainty an open application programming interfaces (API) could bring. Here's why the PSD2 mandate could be the best thing for banking since the recessionary shake-up of 2008
The Competitions and Markets Authority (CMA)'s final report to encourage more robust financial offerings for retail customers includes measures to make it easier for customers to search and switch finance providers|The Competitions and Markets Authority (CMA)'s final report to encourage more robust financial offerings for retail customers includes measures to make it easier for customers to search and switch finance providers
Two in three European bankers are adopting a risk-averse wait-and-see approach in response to the uncertainty an open application programming interfaces (API) could bring. Here's why the PSD2 mandate could be the best thing for banking since the recessionary shake-up of 2008
The Competitions and Markets Authority (CMA)'s final report to encourage more robust financial offerings for retail customers includes measures to make it easier for customers to search and switch finance providers|The Competitions and Markets Authority (CMA)'s final report to encourage more robust financial offerings for retail customers includes measures to make it easier for customers to search and switch finance providers
Following the news that Lloyds Banking Group will close more than 200 branches, with 3000 workers set to lose their jobs, the future for high street banking is clearly digital. Is it too late for banks to compete with fintech firms on the digital front?
When it comes to securing a small loan or gearing up with growth finance, does a quick response from lenders matter?|When it comes to securing a small loan or gearing up with growth finance, does a quick response from lenders matter?
