UK banks are increasing their adoption of digital platforms as businesses and their customers move towards a cashless society, claims a report published today.
The document, published by Information Services Group (ISG) highlights the growing popularity of cloud-based core banking systems and instant payment technologies, along with automated anti-money laundering services and API-led applications.
COVID-19 has been responsible for accelerating the growth in digital platforms with a huge increase in public demand for using cashless transactions and contactless payment methods.
