“The launch of Open Banking has transformed the retail banking landscape for providers looking to attract customers with innovative services. However, the limited participation of the biggest banking brands and consumers’ cautious approach towards new services has resulted in a muted impact so far. Open Banking needs clear support from high street brands before consumers can be expected to buy into it en masse.”
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Overview
Overview
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Overview
Executive Summary
Issues and Insights
Market
Market
Mintel provides a range of market information across categories including: forecasting and share information; internal and broader market environment information; and the issues that affect the market in question.
The Market – What You Need to Know
Market Environment
Recent Developments
Consumer
Consumer
Mintel conducts exclusive and original consumer research for reports, bringing up-to-date and unique insight to topical issues. This research examines the impact of social, economic, cultural and psychological influences on consumers.
The Consumer – What You Need to Know
Retail Banking Product Ownership
Banking Innovation in Context
Innovative Banking Activities
Approach to Banking Innovations
Interest in Banking Innovations
Attitudes towards Banking Innovation
Data
Data
Reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
Appendix – Data Sources, Abbreviations and Supporting Information
1st May 2019
“Apple’s credit card does not offer anything especially new or innovative, however its focus on security and added convenience mean that it has the potential to cause significant disruption. 
30th April 2019
“Monzo’s partnership with The Big Issue could be the solution to improving sellers’ income and futureproofing sales of the magazine amid falling cash use.” |
Innovation cannot be allowed to threaten financial inclusion
