More banking hubs and pods earmarked for UK as branch closures continue
A further nine banking hubs and six deposit services have been recommended by Link.
A further nine banking hubs and six deposit services have been recommended by Link.
The money will be used to fuel the company’s growth following the launch of its flagship LinkPay product.
The increase in shared banking hubs comes as retail banks continue to pull out of the country’s high streets.
The average value being withdrawn has gone up from £65 to £82.
Shop closures, contactless and hygiene concerns taking its toll on cash.
Labour could grab six seats and the Conservatives could grab five.
The pilot scheme starts with the Scottish town of Durness.
The U.K. needs more competition in its retail payments infrastructure. That’s the conclusion of a new report from the country’s Payment Systems Regulator.