Research

Danske Bank

Danske Bank was founded on 5 October 1871 in Copenhagen, Denmark. On Trustpilot danske is averaging 4.5/5 reviews from over 15,000 reviews. Danske use traditional methods of banking along with modern methods, so someone could still walk into the bank and deposit money but you could also do the same thing via bank transfer on their mobile banking app. in store banking machines are available where you can check your balance, deposit and withdraw money.

Santander

The United Kingdom branch of Santander was founded on the 11 January 2010, with the main branch from Spain. Looking at reviews for Santander they have 6,830 total reviews on Trustpilot with 85% of them being 1-star reviews and only 8% being 5-star reviews. Looking at banking methods, Santander similarly to Danske they also have both traditional and modern banking methods. They have an app for your phone so you can track incomings, outcomings and make payments. they also offer all the traditional methods of payment.

Monzo

Monzo is an independent Bank that was founded in the UK in 2015. Monzo has great reviews on Trustpilot with 77% of them being 5-star from 30,221 reviews. Although on Google reviews are averaged at 2.6/5 stars. Monzo is a completely online bank and allows tranfers and purchases to different countries with the current exchange rate.

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Reflection

I enjoyed our first week of the module, Im quite excited to get started on my bank branding project and by finding some valuable insights into the industry of online banking this week I feel that I can make an effective start to the project.