Digital Banking: Six Million or 12% of UK Consumers have Switched to Virtual Banking Services Following COVID-19 Outbreak
Retail sales in the UK have surged dramatically from 16% to 27% of all sales in the country. Tony Moroney, managing partner at, Beta Digital Ltd, predicts: “The end of main street is nigh.” Moroney notes that Amazon’s retail sales surged 26% during Q1 2020,… Read More
Read more in: Fintech, Global | Tagged contactless payments, coronavirus, covid-19, digital banking, digital transformation, uk, uk finance, united kingdom, virtual banking