Do you think UK banks should axe their branches in favour of digital?
"We're changing the world with Technology!" - Bill Gates
Controversial or simply the way forward? Technology has accelerated in the 21st century and has impacted major industries with it's benefits. One of the major industry technology has affected is the banking sector.
"So why does this matter to UK banks?"
According to BBA, digital banking in Britain is now being used for transactions worth nearly £1 billion a day.
"Great! That's solved! Lets go Digital!".
Not so fast...along with its praises digital banking can cause great impact on the user groups such as the customers, employees and the bank itself. Therefore this blog will explore key issues that arise within the question: Do you think UK banks should axe their branches in favour of digital?
