Open banking has increased customer engagement across younger demographics, but can it do the same for protection? Cameron Clark investigates
With the rise of open banking services opening up the sector to new methods of innovation and new tools by which clients can manage their finances, the UK banking sector has seen growth in the proliferation of banking products popular amongst millennial and generation Z demographics. Digital-only banks such as Monzo, which forecasts itself to hit one million customers by Autumn 2018, as well as Atom Bank, Tandem and Starling, have been successful in targeting these younger demographics by streamlining...
Insurers have ability to use AI, but often choose not to
L&G veteran Richard Kateley says more can be done to increase engagement with products
Leading With Distinction
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