Mobile wealth management account openings soar in Europe

Pedro Gonçalves
clock • 1 min read

The number of people opening wealth management accounts on mobile devices has soared in Europe in the past year. A study from Temenos, a banking software provider found the number of openings had risen from 22% in 2018 to 40% in 2019. The study tracks sales volumes in wealth management products ranging from deposits to full brokerage accounts. The results were compiled from the "digital sales readiness of 70 banks in North America, Europe and Australia". However, Europe's rise seems ...

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