The changing face of banking

Banking as our parents and grandparents knew it is now part of history. Gone are the days of long queues and piles of paper to fill out and sign. Welcome to the world of digital banking. Challenger banks have entered the market. What are they? They do what they say on the tin: they challenge the business model of the traditional clearing banks.   The big 4 clearing banks in the UK have traditionally provided savings and loans products to…