Customers are not yet ready to take up the technology challenge and bank online, according to an NOP survey commissioned by CRM supplier, Saratoga Systems.
The survey revealed that only 12 per cent of respondents currently conduct their banking over the Internet or telephone, while 35 per cent still like to visit their local branch on a regular basis.
However, when asked to predict the future of banking, in the wake of the well-publicised launch of the first full-service Internet bank, Smile (see above), less than half of those surveyed felt the existing high street banks would be the main providers of banking services 10 years from now.
Thirty-six per cent asserted that only those banks which could provide a service over the Internet would survive.
Some parts of Atacama have not received rainfall for 500 years - but a sudden deluge of water upset the Desert's delicate biological balance
Spitzer Space Telescope could not spot Oumuamua, suggesting that it is actually pretty small
Greenland crater one of the 25 largest impact craters on Earth
This long-sought progenitor star was identified in an image captured by Hubble in 2007