Study Shows Auto Loan Seekers Prefer Digital Banking

According to Accenture research, rates of online loan sales have increased dramatically while brick-and-mortar bank loan sales have declined. One type of loans that customers increasingly prefer to seek online are auto loans. The study predicts that digital banking will continue to outpace branch banking, and by 2020, banks may have lost 35% of their current North American market share.

Read the full article here: