moneysupermarket.com: UK online banking figures

24 July 2008

Commenting on figures showing the number of people in the UK banking online has increased to 21 million, Kevin Mountford, head of current accounts at moneysupermarket.com, said: "Clearly there is demand for online day-to-day banking services and this is being heavily pushed by most banks as it greatly cuts their operational costs. However, it is a shame the industry cannot do more to inject confidence and support this trend by providing a more effective and easier way to open new accounts online."