Lloyds, Barclays and Nationwide have come top in a report on mobile banking capabilities
In Brief:
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This was Business Insider Intelligence’s first annual UK Mobile Banking Competitive Edge Study.
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Lloyds was noted for security, allowing users to quickly order a new card if one is lost.
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Barclays was noted as best for digital money management.
What does this mean?
Mobile offerings are increasingly vital for banks as consumers expect a seamless experience. 62% of respondents in the report said they would change banks if their mobile banking experience was poor.
