A fifth (20 percent) of UK individuals haven’t visited a bank branch since before the Covid-19 pandemic according to new research from KPMG UK, as individuals increasingly turn to managing their finances online.
Just one in ten individuals (13 percent) have visited a bank branch in the last week with 22 percent having visited once within the last six months.
As the pandemic accelerates the number of individuals transitioning to online banking, over a quarter...