'Digital banking challengers' will continue their rise in 2020: GlobalData

The expansion of digital banking will continue in 2020, according to a new survey, with ‘digital challengers' looking to extend their reach at the expense of traditional high street banks. GlobalData asked leading industry figures for their views on the coming year, and digital banking was high on the agenda. Omnio CEO, Adrian Cannon, told GlobalData: "As retail bank branches have continued to close, Amazon, Apple, Uber Money and others, have understood that by being hyper-relevant at multiple moments in their customer's everyday lives that they can reinforce their brand value and bec...