Ethnic minorities less likely to bank online
While Britain's ethnic minorities are leading the country's take-up of digital technology, they are less likely to use internet banking than the population as a whole.
New research from Ofcom revealed that adults from ethnic minority groups are more likely to own a mobile phone or have access to digital TV and the internet the average UK adult.They were also found to be more confident about using interactive functions on digital television devices and downloading music, videos and other content from the internet.
However, when it comes to internet banking, ethnic minorities are less likely to use such services than the UK population in general, the research revealed.
Indeed, between 19 and 29 per cent of people from ethnic minority groups access internet banking, make online purchases and use online auction sites, compared to 41 per cent of consumers on average.
Meanwhile, Moneybookers and Clickatell are to begin offering a text message notification service to consumers who make transactions through the Moneybookers online payment system, providing them with additional internet banking security.
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