• Latest
  • Trending
Banking Consumer Study

Banking Consumer Study

UK trade policy : A comprehensive strategy for a new beginning

British insurers serve as a trial run for the post-Brexit “unshackling”

STARLINK satellite internet service gets 500,000 preorders, Musk says

Musk claims he was engaged in revitalizing Tesla while upholding his $56 bln package

In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective

In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective

Electric vehicle manufacturers struggle financially—struck by exorbitant prices

Electric vehicle manufacturers struggle financially—struck by exorbitant prices

After China central bank vows to crack crypto trade, Bitcoin slips

Bahamas investigators are looking into the FTX collapse

Volatility is most essential for crypto ecosystem

Morning Bid: Crypto a disaster, Congress looking different ways

Binance registers with Italy’s regulator amid plans to expand in Europe

Cryptocurrencies drop after FTX-Binance dispute worries investors

Stocks gain as upbeat wall St earnings lift outlook

Wall Street declines as jobs data dampens expectations for Fed rate easing

SMEs and the role of Fintech during the Covid-19

COVID ignites a breakthrough in one-day work trips as airlines undergo rebranding

Asia shares falls on worries over inflation, Fed outlook

China maintains its COVID strategy; U.S. stocks decline and the dollar rises

Fed policymakers see upward march in interest rates

Fed to eye December downshift as it sets to deliver another significant rate hike

Global banks in Hong Kong push to get staff back to office

Hong Kong to restore reputation as a financial centre, Lee promotes the “China advantage”

Global Business Review Magazine
Monday, January 30, 2023
Nominate Here
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine
No Result
View All Result
Global Business Review Magazine
No Result
View All Result

Banking Consumer Study

Banking Consumer Study

Without any doubt one can say that the global pandemic COVID has made the matters worse; however, there are some positives to look at. The positives can be, the bank clients had to utilise the digitalized channel, 50% of bank customers communicate with their bank via their respective mobile apps as well as their website. The communication happens at least once in a week. The fast growth within the adoption of digital criteria it is viewed as a curse and also blessing to the banking sector, the Banking Consumer Study says “Making digital more human”. Although the digitalization has made lives easier, it has made the bank to be scared when it comes to retention of clients, emotional connection with them.

            It’s quite obvious that the COVID-19 has changed the clients banking conducts and made the banks to worry about certain aspects but which will revert when the things get back to normal. To help all understand as to what is going on the Accenture’s Banking Client study made the 4 clusters of clients viz Rationalists, Fundamentalists, Forerunners and Doubters. Rationalists – Sceptic and believing; Fundamentalists- who values the social interactions; Forerunners- Tech- savvy peril takers; Doubters- who are disconnected with the service providers.

YOU MAY ALSO LIKE

In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective

Swiss National bank sees a loss of about $143 billion in less than a year

            The unpredictable times have made the clients decrease in numbers but the banks will get all their clients back. The common aspect in these 4 client clusters is that their confidence in the bank is decreasing day by day even before from the pandemic but the pandemic ha just made it worse. Despite all the negatives the banking sector is one of the most trusted establishments. The client’s loyalty is seen in the migration to the digital transactions. The slow dominance of the digital transaction is not the worst thing, if dealt wisely it shapes confidence and results in profit.

Tags: BankingDigital Banking
ShareTweetShare

Search

No Result
View All Result

Recent News

UK trade policy : A comprehensive strategy for a new beginning

British insurers serve as a trial run for the post-Brexit “unshackling”

STARLINK satellite internet service gets 500,000 preorders, Musk says

Musk claims he was engaged in revitalizing Tesla while upholding his $56 bln package

In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective

In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective

Electric vehicle manufacturers struggle financially—struck by exorbitant prices

Electric vehicle manufacturers struggle financially—struck by exorbitant prices

After China central bank vows to crack crypto trade, Bitcoin slips

Bahamas investigators are looking into the FTX collapse

Volatility is most essential for crypto ecosystem

Morning Bid: Crypto a disaster, Congress looking different ways

Global Business Review Magazine

Global Business Review is a online print magazine focusing on the updates and information about on emerging markets, Finance, Banking, Technology. Global Business Review provides news, features, analysis, commentary, and interviews from industry across the globe.

Recent News

  • British insurers serve as a trial run for the post-Brexit “unshackling”
  • Musk claims he was engaged in revitalizing Tesla while upholding his $56 bln package
  • In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective
  • Electric vehicle manufacturers struggle financially—struck by exorbitant prices
  • Bahamas investigators are looking into the FTX collapse

Categories

  • Banking
  • Business
  • Events
  • Finance
  • FinTech
  • Tech
  • Videos
  • About
  • Nominate
  • Privacy & Policy

© 2022 Global Business Review Magazine - All Rights Reserved.

No Result
View All Result
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine

© 2022 Global Business Review Magazine - All Rights Reserved.

Go to mobile version