Online Banking vs Social Media
A recent survey by Nationwide Building Society has highlighted the ever growing popularity of online banking amongst the internet generation, and suprisingly internet banking has even outranked the use of social media websites such as Twitter and Facebook. The research conducted by Opinion Matters earlier this year, asked 1500 internet users as to what their [...]
9 December 2011
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First Direct’s Silver Surfers leading the way
First direct have recently released figures about their customer base for 2011, and whilst most statistics come from surveys, these are taken directly from First Direct’s online banking and text services and give a good reflection of usage. With just under 2 million customers, 57% of these are now active internet banking users (logged on [...]
20 May 2011
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Internet Banking usage increasing amongst over-55′s
A OnePoll survey of over-55′s found 70% are currently using the internet to manage their finances. Almost half are also logging on to source pension schemes, independent financial advice and stocks and shares. Experts believe the shift may have been encouraged by better interest rates, product ranges and general convenience on-line. But if their attitudes to [...]
12 February 2011
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Barclays poll on Twitter suggests new financial language developing
Recent results from a Barclays survey are suggesting that a new style of financial terminology is changing the traditional banking terms. 43% of the Twitter users surveyed, thought that the advent of mobile phone banking is changing the way people talk about money. With an increasing use of communication via mobile phone text messages and social networking sites such as Facebook and Twitter, words [...]
31 January 2011
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Offline banking customers fair worst in choice of accounts
UK bank customers who still haven’t moved into the online banking arena, have recently been highlighted that they are missing out on the best deals and rates when it comes to financial products. Over the past year, the research by consumer group Which? has revealed that better rates are being offered on saving and investment accounts [...]
26 September 2010
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Mobile banking users ‘most in touch’ with bank balances
Majority of people unable to accurately say how much is in their bank account Mobile phone banking users are most likely to know their actual bank balance According to recent research by Barclays, almost three-quarters of UK adults think thier bank balances are better than they actual are. On average, bank balances are overestimate by £70.73, [...]
17 September 2010
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Survey highlights ‘time wasting’ activities
A recent survey by online insurer swiftcover.com, has highlighted some interesting trends with what people believe are activities that are ’time wasting’ in our daily life. Although the research covers only a small group of people(1100), it identifies that seven out of ten people are now doing their banking and setting up their insurance online to remove the hassle [...]
20 July 2010
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Trusteer survey reports 60% of users re-use online banking credentials on other websites
A survey published by Trusteer earlier this month has highlighted that a large number of internet users are re-using online usernames and passwords between financial and non financial web services. 73% of users are sharing passwords from their online banking site with at least one non-financial website, and 47% are re-using their banking username. This [...]
18 March 2010
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Online banking exceeds 50% usage by internet users
Internet banking has only been around for the past 12 years, but a recent survey by the Consumer Payments Survey (CPS) indicates that the popularity is increasing so much, that for the first time, over 50% of regular internet users (41.4m) are now banking online. This represents an online banking user base in excess of [...]
24 January 2010
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