Lockdown exposes looming tech gaps as money management goes digital

Lockdown exposes looming tech gaps as money management goes digital

Two-thirds of UK adults now rely on mobile and online banking technology to manage their money, as lockdown prompts the wholesale shift to digital financial management.

Since March, a study of thousands of British adults has found almost 90 per cent check their accounts, 80 per cent transfer money, and 35 per cent even withdraw investment funds using fintech, as physical banking options remained…

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