Written by Pooja Sharma
today
- consumer banking
- consumer financial services
- digital banking
Are you ready to transform your understanding of Gen Z and reshape the future of banking?
Sydney-based financial solutions provider Sandstone Technology has released a white paper in collaboration with FinTech research and advisory firm IBS Intelligence.
Unleash the future of banking!
Read Sandstone Technology and IBS Intelligence’s innovative white paper, “Attracting and retaining Gen Z in banking through mobile apps.” Discover the secrets to captivating the next generation and stay ahead in the ever-evolving world of mobile banking. Don’t just read the future, shape it.
📚 Attracting and retaining Gen Z in banking through mobile apps
- Strategic Insights: Learn actionable strategies to attract and retain Gen Z customers.
- Innovative solutions: Explore cutting-edge technology and features that engage a mobile-savvy Gen Z audience.
- Real-world success stories: Get inspired by industry leaders who have mastered Gen Z engagement.
The whitepaper delves into the characteristics and expectations of young people and the trends surrounding mobile banking apps. The aim is to explore and propose solutions for banks and building societies to deploy mobile banking apps to attract and retain young customers.
According to CedarIBSi Research, 50% of Gen Z plan to switch banks for a better customer experience. Gen Z wants a simplified and cost-effective mobile banking experience that provides digital flexibility and automation to streamline financial management.
Mobile banking apps are revolutionizing Gen Z’s ability to manage their finances, and Sandstone’s apps offer unparalleled accessibility and ease of use. With the rapid development of technology, the mobile banking app market is likely to undergo significant changes in the future. With Sandstone’s mobile app, the future of mobile banking offers exciting possibilities to transform the way you interact with your accounts, from enhanced security measures to AI-powered personalization.
As Gen Z’s influence continues to grow in the global economy, they are becoming an important segment of the banking industry. This brings attention to these companies and highlights the need for mobile apps to attract and retain these customers in the UK.
Generation Z now makes up 30% of the world’s population, and for the first time, there are more adults in this generation than teenagers. They are in charge of their finances, and this demographic of digital natives has expectations about what banking should be like.
The financial services industry is at a crossroads where generational expectations and digital innovation intertwine, and organizations must ensure they embrace and adapt to these changes to remain relevant. One key way financial institutions can appeal to the Gen Z demographic is by introducing mobile apps that take advantage of the devices they use every day and allow customers to make banking transactions instantly. is.
This Sandstone/IBS Intelligence Whitepaper covers:
- An overview of Gen Z’s impact on the financial environment, its characteristics, and behaviors.
- Expectations that Gen Z has regarding digital banking.
- Why mobile banking apps are essential to attracting younger generations.
- 9 current trends in mobile banking
Who should read it?
- Bank executive 🏦
- Fintech enthusiast 💻
- Marketing Maestro 📈
- For everyone navigating the digital finance landscape 🚀
Ready to change your approach? Downloading now!
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