With summer in full swing, the banking and finance industry is not taking a vacation as it continues to find ways to leverage new technology and satisfy customers. Below are three emerging trends in the industry to watch as we continue to move through the second half of 2016. 1. Read more
Tag Archives: Banking Trends
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2016 Summer Trends in Banking and Finance
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Customer Experience Trends in the Banking and Finance Industry
As consumers become more hyper-connected, industries are feeling the continual push to adapt in today’s digital revolution. When it comes to creating optimal customer service, the banking and finance industry has the opportunity to leverage new mobile technology. Before joining a bank, many customers assess the organization’s website, mobile, social media, and overall digital presence Read more
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6 Key Takeaways | State of Bank and Credit Union Marketing Report
Each year, the Financial Brand produces a comprehensive report on the landscape of banks and credit unions across the globe with the assistance of Aite’s Senior Analyst Ron Shevlin. As a market research firm that specializes on insights for the financial sector, our Analytics team always looks forward to the yearly release date for the Read more
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What are Direct Banks? | 2013 Banking Trends
Direct Banks are financial institutions that operate without branch locations. Services are offered through online and mobile banking, as well as telephone and mail. Direct banking has been around for a while, however when it was first established, customers banked through just telephone and mail. Direct Banks have become more of a consideration for people Read more
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Banking Trends: Net Promoter Scores (NPS) for Banks and Credit Unions
The Net Promoter Score (NPS®) is a widely used measure that looks at the likelihood of customers recommending a company. NPS is a customer loyalty metric developed in 2003 by management consultant Fred Reichheld of Bain & Company in collaboration with the company Satmetrix. While there are still many important factors beyond likelihood to recommend, NPS Read more