Today in Data: Consumers Leaning Toward Digital-Only Banking

Today in Data, new research shows a broad number of consumers showing interest in digital-only banking.

Data

55%: Share of financial accounts opened digitally with data access in the last year

27%: Portion of consumers who hold accounts with banks that maintain an online-only presence

3 in 4: Number of new financial accounts opened via a digital channel in the last year

½: Share of consumers who say they are “very” or “extremely” interested in digital-only banking