Another new bank.....with ±100% of the bankable population already being banked in the UK, and Atom also being launched...curious to see how many consumers will switch and what they will switch...as payments might go to apple and google as well...making Google, Apple, PayPal etc. the main competitors of ATOM and this new banks vs. the banks
52 minutes ago | 636 views | 0The former chief operating officer of Allied Irish Bank, Anne Boden, is planning to launch a new digital-only bank in the UK next year, under the name Starling. Boden introduced the concept at a British Bankers Association conference earlier this week, telling the audience that the new challenger bank would be more like Facebook or Google than a traditional high street bank. "The music industry has been transformed by iTunes, retailing by Amazon, but banking hasn’t changed its approach in a long time," Boden told delegates. "The same simple services traditionally offered in branches have just moved online and into apps. Empowered, tech-savvy consumers want and deserve more from their banks, they want easy, intelligent banking, not just mobile versions of paper statements."