What you need to know

While most consumers are satisfied with the digital services their financial institutions provide, improvement is still needed. Trust in the security of digital services is low, and most consumers still want to be able to talk to a human for answers to their financial questions. While institutions are doing all they can to convert consumers to digital solutions, they cannot forget the importance of the human touch and need to work to find the right balance.

Definition

This Report covers consumer attitudes and behaviors around digital services in finance. This includes the use of online services and mobile apps as well as trends in the usage of various types of services. The devices consumers prefer to use to access their financial accounts are discussed, as are the reasons many consumers don’t use mobile apps.

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