article thumbnail

User Experience Is Key to Customer Satisfaction, Report Says

Bank Innovation

Having a "frictionless" user experience (UX) is among the top three qualities that bank customers look for when picking a new bank, right after "security" and "trustworthiness," according to a new report by financial technology provider, FIS.

article thumbnail

Addressing the Need for Personalization in the Financial Services Industry

Perficient

Successful financial services firms will capitalize on their robust sets of operational data to create actionable insights across a connected digital ecosystem and deliver integrated, seamless, tailored customer experiences. population is considered Millennial or younger, as of July 2019) , the demand for personalization grows.

Industry 294
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Banking for the Digital Generation: Attracting & Retaining Millennials

NCR

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

article thumbnail

France’s Joko FinTech Gets €1.6M To Help Consumers Earn Credit Card Rewards

PYMNTS

million from investors including Partech, Axeleo Capital, Lafayette Plug and Play and others to further develop its loyalty program integrated into credit or debit cards. French startup Joko announced that it has raised €1.6 Through Joko’s mobile app, credit cards become loyalty cards, so there is no need to scan or say anything. “As

Cards 135
article thumbnail

How Friendly Friction Builds Better Banking Experiences

PYMNTS

And by all accounts, this digital migration is driven by consumer preference — according to the same study, 91 percent of mobile banking users prefer accessing their app over going to a physical branch, and 68 percent of mobile banking millennials believe their smartphones will eventually replace their physical wallet.

Mobile 169
article thumbnail

In Banking Innovation, Eyeing The Needs Of The ‘Digital Native’

PYMNTS

As millennials rise through the ranks and within the ranks, we see the rise of what he termed “digital natives.”. That bifurcation comes, said DeRosa, as demographics shift. In exploration of just who those natives might be, he explained, “These are the kids that actually have been born with a mobile device in their hand.

article thumbnail

Wealth Management In The Post-Covid World: Tech Is Reshaping How We Save And Invest Money

CB Insights

The benefits of digitization stretch across client acquisition, client interaction, and advice, whether that be using VR and chatbots to provide better user experience, onboarding new users with self-service workflows, or using AI to rebalance portfolios automatically. . Source: Deloitte. What’s next?