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Fintech Bites: Functionality Ranking — UK High Street Banks

Written by Sotiris Fousekas | Jul 27, 2020 4:30:30 PM

Fun little story for you...

If you know us, you know we love our morning coffee in the office, during which the hot topics of talk include a little fun fact about fintech that we discovered this week.

We have now decided to share these little fintech snippets with you.

All data is taken from the digital banking research platform . Through exhaustive analysis of all features and user journeys of banks and fintechs worldwide, we provide insightful rankings.

Starting with this Ranking!


We have selected the main High Street Banks in the U.K, and made a ranking of their Total Number of Functionalities. 

This includes all their channels (Web, iOS, Android).

Let's share some key facts about the Top 3 (Barclays, Lloyds Bank & Halifax), to read through along with your morning coffee.


  • Most Functionalities found in the Web channel, with a total of 178.
  • For the Web channel, most Functionalities are found under the Money Transfers category, with a total of 44.


  • Most Functionalities found in the Web channel, with a total of 184.
  • For the Web channel, most Functionalities are found under the Accounts category, with a total of 34.



  • Most Functionalities found in the Android app channel, with a total of 151.
  • For the Web channel, most Functionalities are found under the Accounts category, with a total of 30.


Enjoy a good cup of Joe with a good read?

Do you want to wake up every day with access to these actionable data, in any drill-in level and be able to make informed decisions?

Explore and start improving tour digital banking offerings today!

 

Read more Fintech Bites:

Functionality Ranking – US Challenger Banks

5 Key Functionalities in Junior Accounts

"Split the bill" functionality in the US market