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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.

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Four Things To Know About Balancing UX And Security In eCommerce

PYMNTS

Although some customers ( millennials : cough, cough) may value convenience above all else, that youthful sense of fiscal invincibility does not extend to their elders, who place a higher premium on transaction security. Millennials may be less concerned with risk.

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Sing It With Me: What’s the Mask Mandate Got To Do With Wealth Management?

Perficient

Some interesting results: 57% of investors report changing how they communicated with their advisors, and 62% of them expected to maintain these new communication methods entirely or partially after the pandemic ends. 59% of millennial investors were most likely to use video chat with their advisor.

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Why Augmented Reality is Crucial to Improving the Ecommerce Customer Experience

Perficient

Gartner also reports that 30% of Gen Z and Millennial shoppers wish that online shipping experiences would incorporate AR/VR features, though less than one-fifth of analyzed brands have integrated them. In 2019, Gartner projected that over 100 million customers would be shopping with AR in 2020.

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FIs: Build For A Digital Future Or Lose Customers

PYMNTS

The expert added that these changes aren’t just reaching millennial and digital-native consumers, but also “my 80-year-old parents. One way we are helping our customers drive awareness is by sending weekly and monthly spending reports to check what a customer spent and to provide a quick look at their transaction history,” VB said.

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The Mobile Banking and Payments Summit – Impressions from Day 2

Celent Banking

With the card dip taking away from the user experience, the expectation is that mobile wallets will finally offer enough UX improvement over traditional cards that consumers might opt for them during payment. It’s also reported that more than 50% of millennials have already used a mobile wallet at least once.

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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

get the 86-page fintech report. These companies have been able to generate these signups through three channels: card design, rewards, and application UX. ux to help target existing clients. Simple UX in existing apps has been another major draw for consumers signing up for these products. Concluding thoughts.

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