banking

  • Mobile phone apps the number one way to bank

    Banking by smartphone and tablet has become the leading way customers manage their finances, as mobile banking overtakes branches and the internet as the most popular way to bank. New research from the British Bankers' Association (BBA) suggests that customers will use mobile devices to check their current accounts 895 million times in 2015, more than the 705 million branch interactions. By 2020 they are forecasting that customers will use their mobile devices to manage their ...

    Posted at June 15, 2015 | By : | Categories : News,Rural Business | Comments Off on Mobile phone apps the number one way to bank
  • Barclays launches face-to-face video banking

    Barclays is launching a face-to-face video banking service. The new facility will allow customers to carry out a video call with a bank employee from their smartphone, tablet or computer. The 24/7 service will be available from the 8th December for Premier customers and will then be rolled out to business, mortgage and wealth customers, from early 2015. After that it will be made available to all retail customers, automatically matching customers to a specific member of ...

    Posted at December 1, 2014 | By : | Categories : News | Comments Off on Barclays launches face-to-face video banking
  • Confidence in the UK banking system stabilising

    Consumer confidence in the UK's banking system is stabilising, according to new research from Ernst & Young. Confidence in banks decreased in both 2011 and 2012. But in 2013 confidence began to stabilise - 52% of consumers said their level of confidence had not changed; 37% said their confidence decreased; and 11% said confidence increased –  broadly double the percentage who said their confidence increased in 2011. Despite this, banks are still struggling to build brand loyalty. ...

    Posted at March 10, 2014 | By : | Categories : News | Comments Off on Confidence in the UK banking system stabilising
  • New scheme bolsters lending to UK business

    CMM Rural has noted two developments this week that should benefit rural businesses. Firstly, the Bank of England and HM Treasury have launched the Funding for Lending Scheme (FLS), which is designed to boost lending to both  firms and households. Under the scheme, banks and building societies can secure cheaper funding. In addition,  for every pound of additional lending  achieved, an additional pound of FLS cash will be made available to lenders participating in the scheme. So as banks ...

    Posted at July 14, 2012 | By : | Categories : News,Rural Business | Comments Off on New scheme bolsters lending to UK business