Too scared to talk money face-to-face?
By Dan Ilett
Published: 4 August 2006 13:25 GMT
One-quarter (24 per cent) of Brits use the internet for banking because they are too embarrassed to talk about finances on the phone or face to face, a study suggests.
A survey from Lloyds TSB found more than half of the respondents (54 per cent) have a preference for doing banking online to avoid discussing their money matters openly.
silicon.com Financial Services
Get the latest financial services news straight to your inbox. Sign up for the FS newsletter today!
Although people prefer to bank online than talk about their money, nine out of 10 (87 per cent) also said they bank online to save time, while almost three-quarters (70 per cent) think online banking makes life easier.
While 45 per cent of people said privacy is important for online banking, 43 per cent said they feel more comfortable applying for a loan online than in person.
I currently don't use Internet Banking - but would...
gk
Not surprised that the Brits are unwilling to visi...
Anonymous
I am inclined to agree with GK on the security iss...
Andrew Lewis
I totally agree with 'anonymous' about the way ban...
Jim Price
For me, dealing with the internet is the most conv...
Anonymous
They currently have a number of positions open within their Loan Operations department. Applicants should have a good understanding of Loan ...
BUSINESS ANALYST N-TALK Location: Northamptonshire Salary: 350 - 425.00 per day Ref: CJ4340 3 months assignment with leading organisation, must be ...
If so then send me your CV now as in this role you will have the opportunity to manage relationship with this companies clients such as Coca-Cola, ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Digg
Slashdot
Del.icio.us
Stumble
Reddit
RSS Feeds
Nick Beecham and Belinda Doshi
Offshoring stymied by new VAT rules?
Financial services firms must prepare now for 2010 legal changes
Tim Ferguson
On a new Voyager, tackling fraud and the intellectual challenge
Interview: Nationwide IT director, Peter Stafford
Nick Heath
David Lister on smart grids and why he left RBS
Interview: National Grid CIO
Andy Jones
Why banks will push ahead with offshoring
Comment: Even if they don't want to
Catherine Stagg-Macey
Legacy IT holding back insurers
Comment: Economic crisis means finance giants must step lively
Julian Goldsmith
The City fund manager with no IT department
Q&A: How asset management is embracing the cloud...