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The Way We Bank Now 2018

Financial and Insurance Services

Description

The first iterations of online banking began to appear around twenty years ago. Initially these services allowed customers to view their statements online, transfer money between their own accounts and pay bills. Over the years online banking has offered more and more services. Some banks have used these platforms to provide discounts and other offers with retailers, restaurant chains, supermarkets and other companies.

Research notes

Author
UK Finance

Publisher
UK Finance

Published by...

UK Finance represents nearly 300 of the leading firms providing finance, banking, markets and payments-related services in or from the UK. UK Finance has been created by combining most of the activities of the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association.