{"id":8871,"date":"2018-03-07T08:00:13","date_gmt":"2018-03-07T08:00:13","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=8871"},"modified":"2018-03-07T06:41:50","modified_gmt":"2018-03-07T06:41:50","slug":"traditional-u-k-banks-lagging-behind-challengers-in-offering-digital-banking-services","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/traditional-u-k-banks-lagging-behind-challengers-in-offering-digital-banking-services\/","title":{"rendered":"Traditional U.K. banks lagging behind challengers in offering digital banking services"},"content":{"rendered":"<p>A recent survey of U.K. banks has found that traditional banks are losing ground to challenger banks when it comes to digital banking services. The survey showed the surprising lack of progress traditional banks have made towards offering a 100% digital experience, with many failing to offer fast and secure digital account application and activation processes while also requiring customers to visit physical bank locations to provide identification documentation. On average, challenger banks scored an average of 9.2 (out of 15) on the digital banking services survey, while traditional banks scored only 7.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-8871 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor (23rd June \u2014 20th July)'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-23rd-june-20th-july\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/07\/hand-businessman-studying-statistics-with-magnifying-glass-hand-holding-business-chart-flat-vector-illustration-marketing-business-growth-development-concept-banner-landing-page_74855-24706-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16766\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16766'>\n\t\t\t\tBFC FinTech Monitor (23rd June \u2014 20th July)\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor 28th July \u2013 3rd August'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-28th-july-3rd-august\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/08\/e17be0df-4211-4827-a19e-8a92207ba8da1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15189\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15189'>\n\t\t\t\tBFC FinTech Monitor 28th July \u2013 3rd August\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='India\u2019s Federal Bank launches open banking platform'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/india-s-federal-bank-launches-open-banking-platform\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/05\/india-s-federal-bank-launches-open-banking-platform-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12858\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12858'>\n\t\t\t\tIndia\u2019s Federal Bank launches open banking platform\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A recent survey of U.K. banks has found that traditional banks are losing ground to challenger banks when it comes to digital banking services. The survey showed the surprising lack of progress traditional banks have made towards offering a 100% digital experience, with many failing to offer fast and secure digital account application and activation &hellip;<\/p>\n","protected":false},"author":5,"featured_media":8872,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,292],"tags":[77,35],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/8871"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=8871"}],"version-history":[{"count":3,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/8871\/revisions"}],"predecessor-version":[{"id":9010,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/8871\/revisions\/9010"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/8872"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=8871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=8871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=8871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}