Rising to the challenge
How challenger banks are breaking through in 2016
New entrants such as Metro Bank, Britain?s first new High Street bank in over 100 years and other brands such as Aldermore, Charter Savings Bank, Atom Bank, Virgin Money and Clydesdale have been making waves, and have you heard of Tandem Bank and Mondo yet?Our insight reveals that consumers are cheering for the challengers, and while the progress of these challengers is being impeded by barriers of high entry costs, low switching levels and lack of transparency, there is growing appetite from consumers to see the status quo challenged…Access the full report below:
