Olnine banking growth
30 November -0001
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Britons are gaining confidence when it comes to Online Banking services, according to a new survey by Lloyds TSB.
According to the survey, a massive 80% of internet users said they felt confident about using the internet to keep track of their finances.
One in five users also siad that their confidence in the safety of online banking had greatly improved, as developments have been made in online security and fraud protection.
In the UK, trust in online banking is highest in the south-west, with 54 per cent expressing great confidence about managing their money online and 31 per cent expressing fair confidence.
Matthew Timms, internet and ATM director at Lloyds, believes that increased confidence in online banking and its safety has made it more popular.
He said: "We now have over 1.8 million regular users and we've seen a 60 per cent increase in the number of transactions undertaken by customers online."
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