Advertisement

Kamis, 24 Januari 2019

[REPORT SNAPSHOT] Mobile banking is a key driver for bank selection...

Fully understand mobile banking with this chart.
BI Intelligence
Report snapshot: Evolution of the US Neobank Market

Mobile banking is a key driver for bank selection…

The integration of mobile and digital channels into the lives of consumers has shifted the needle substantially in terms of how US customers bank. Today, 89% of US consumers say they use mobile banking channels, an increase from the 83% who said the same in 2017, per Business Insider Intelligence's latest Mobile Banking Competitive Edge Study. Moreover, 70% of US consumers say that mobile banking has become the primary way they access their accounts. Growth in mobile banking adoption is taking place across all age demographics, with 79% of baby boomers now using mobile channels for banking, compared with 69% last year.

Access Full Chart Data →
* This chart and data was pulled from The Evolution of the US Neobank Market report which is exclusively available to Ultimate Fintech & Payments Research Bundle subscribers. You can get access to this chart and other timely updates when you sign up today.
Given neobanks' operations are based on the delivery of banking products and services digitally, consumer willingness to use these channels is critical to their existence. This shift in consumer behavior has taken time because getting users comfortable with and used to new products and services requires trust, but it's also about people being comfortable with self-service banking and doing things themselves, and with their primary interactions being in digital environments and with software — rather than human to human — Derek White, global head of client solutions at BBVA, told Business Insider Intelligence.

The hurdle is even higher for startups because it's not just about getting people on board with these products, but also with a brand that's likely unfamiliar. As more customers warm to digital channels, though, the potential for banking with an upstart is becoming an easier and more logical next step.

Subscribe risk-free to view the full analysis
Here's a summary of what you'll receive when you subscribe to the Ultimate Fintech & Payments Research Bundle today:
  • 83 immediately accessible research reports and data-sets, including The Evolution of the US Neobank Market report.
  • At least 15 new Fintech reports over the next 12-months.
  • Insightful newsletters and charts about everything important taking place within the fintech space.
  • 14-day money back guarantee period so you can access all of the above risk-free!

Other chart highlights you don't want to miss

 

Exclusive data shows consumers want robo-advice from incumbent investment firms

Business Insider Intelligence Awareness of digital wealth managers is… Access Full Chart →
 

Incumbent insurers are finding value in insurtech collaboration

Insurtech's disruptive force on… Access Full Chart →

These are just a few of the charts made available to Business Insider Intelligence subscribers.

Subscribe to Business Insider Intelligence's Ultimate Fintech & Payments Research Bundle today and you'll have instant access to 100s of charts like these, daily briefings in six key coverage areas and a members-only Research Center filled with insightful reports.
Sign up Risk-Free Today
Business Insider Intelligence
Copyright © 2019 Business Insider, Inc. All rights reserved.
Powered By SailthrU

Tidak ada komentar:

Posting Komentar