Smartphones will replace the bank branches.

Apps are set to overtake branch visits in the next few years. There were about 5.5 billion log-ins to banking apps in 2017 which is a 13{195e7dccdc58a84448fae5161ed7869462365079e478a8af10075100f29d800d} rise on 2016.

It has also been predicted that 72{195e7dccdc58a84448fae5161ed7869462365079e478a8af10075100f29d800d} (35 million) of the UK adults will bank via a phone app by 2023.

Originally posted on linkedin