High street banks disappear as payment platforms offering digital and crypto services thrive

The bank manager who had for years been a pillar in the community and who was able to offer holistic financial advice to individuals and business has long disappeared. Some argue, so ought many of the banks that employed them. In the past, people had their wages paid to them in cash meaning that companies’ wages departments had to arrange for the banks to have sufficient notes and coins ready for their staff. Over the next few days, the cash often was then taken back and re-deposited at the bank. The…