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Millenials are Embracing the Idea of Branchless Banking

Written by: Matthew S Daye
Category: Banking
Published: 16 January 2015
Hits: 16421

When it comes to new ideas in currency, banking and ATMs, the concept of branchless banking seems to be growing in popularity. According to a survey performed by Accenture, consumers in the U.S. and Canada are now more likely to consider branchless banking or non-traditional providers. What's more, millenials, are more likely to consider branchless banking than other segments of the population. What does this mean for the future of banking, and what can financial institutions do to survive the trend?

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