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Online banking ‘has made Brits more financially aware’

25th May 2017 Church News.

Twenty years after Nationwide launched the UK’s first internet bank, new research shows that most Brits say online banking has made them more financially aware. However, despite the mass adoption of digital banking, one in 10 people have not yet made the switch to go online with their finances. The Nationwide Current Account survey of 2,000 adults revealed that more than two thirds (69 per cent) believe that using internet banking allows them to keep on top of their finances, with four in 10 (40 per cent) saying they are better at budgeting due to being able to bank at home or on the move.