+ All Categories
Home > Business > The Mobile Banking Revolution

The Mobile Banking Revolution

Date post: 20-Aug-2015
Category:
Upload: fico-decisions
View: 928 times
Download: 0 times
Share this document with a friend
Popular Tags:
1
58% would like to use mobile banking (UK/US) 20.4% bank via mobile (UK) in the uk in the us 45% experience banking communication problems (UK/US) 62% believe the biggest comms problems are tech related (UK/US) 48% would like mobile banking tailored to their shopping habits and location 46% would like improved transaction and connection security 32% want more mobile apps 31% want more personalised services 38% would like faster connection speeds Sources TNS Global | FICO Market Survey 2012 | Forrester Research | Metaforic Mobile Marketing Association & Sybase 365 | Avanade | © 2013 Fair Isaac Corporation. All rights reserved. 38% of US banking executives see mobile banking as a priority (US) Data based on results achieved by companies using FICO solutions. 67% of UK banks predict that all of their customers will be using some form of mobile banking by 2017 (UK) 30% of alerts confirmed as fraud within 10 min 50% cut in bank losses from reaching customer faster 35% cut in overall bank fraud losses Customer contacted within 30 sec of suspicious transaction 1 in 3 16-35 year olds already bank using their mobile (UK/US) improved customer service decrease in fraud 58% reduction in misdirected inbound calls 97% satisfied with the service they receive 39% increase in customers reaching collections case manager on first call 75% can self-serve and make a payment By 2017, an estimated one billion people will use mobile banking , and it has already become a way of life for many of us. However, there is often a gap between what mobile services customers want and what their banks offer. Getting it right can drive big benefits for both bank and customer. THE MOBILE BANKING REVOLUTION DEMAND FOR MOBILE COMMUNICATION ISSUES CUSTOMER WISHLIST MOBILE BANKING SUCCESSES 52% want a wider variety of online services An estimated 20.4% of people bank via their mobile too, compared to 9.7% in 2010 (UK) 72% of mobile users believe mobile banking is insecure due to privacy and fraud concerns (UK)
Transcript
Page 1: The Mobile Banking Revolution

USE MOBILES TO MAKE ONLINE PAYMENTS

BANK VIA MOBILE

WOULD LIKE TO USE MOBILE BANKING

58%would like to use

mobile banking (UK/US)

20.4%bank via

mobile (UK)

in the ukin the us

45%experience banking

communicationproblems (UK/US)

62%believe the biggest

comms problems are tech related (UK/US)

48%would like mobile

banking tailored to their shopping

habits and location

46%would like improved

transaction andconnection security

32%want more

mobile apps

31%want more

personalisedservices

38%would like

faster connectionspeeds

SourcesTNS Global | FICO Market Survey 2012 | Forrester Research | MetaforicMobile Marketing Association & Sybase 365 | Avanade | © 2013 Fair Isaac Corporation. All rights reserved.

38%of US banking executives

see mobile banking as a priority (US)

Data based on results achieved by companies using FICO solutions.

67%of UK banks predict that

all of their customers will beusing some form of mobile

banking by 2017 (UK)

30% of alerts confirmed as fraud within 10 min

50% cut in bank losses from reaching customer faster

35% cut in overall bank fraud losses

Customer contacted within 30 sec of suspicious transaction

1 in 316-35 year olds

already bank using their mobile (UK/US)

improved customer service decrease in fraud58% reduction in misdirected inbound calls

97% satisfied with the service they receive

39% increase in customers reaching collections case manager on first call

75% can self-serve and make a payment

By 2017, an estimated one billion people will use mobile banking , and it has already become a way of life for many of us. However, there is often a gap between what mobile services customers want and what their banks offer. Getting it right can

drive big benefits for both bank and customer.

THE MOBILE BANKING REVOLUTION

DEMAND FOR MOBILE

COMMUNICATION ISSUES

CUSTOMER WISHLIST

MOBILE BANKING SUCCESSES

52%want a wider

variety ofonline services

An estimated 20.4% of people bank via their mobile too, compared to9.7% in 2010 (UK)

72% of mobileusers believe

mobile bankingis insecure dueto privacy and

fraud concerns (UK)

Recommended