‘New’ Moneyhawks: Highly Profitable and Engaged Customers Defining the Future of Banking
- Date:September 05, 2014
- Author(s):
- Mark Schwanhausser
- Report Details: 44 pages, 23 graphics
- Research Topic(s):
- Digital Banking
- Digital Strategy & Experience
- Mobile & Online Banking
- PAID CONTENT
Overview
Three years ago Javelin identified a segment of tech-savvy, mobile-minded consumers whom bankers should covet: the Moneyhawks. The Moneyhawks — 13% of U.S. adults — have a demanding appetite for profitable banking products and services, are fueling the demand for anytime, anywhere access, and their cutting-edge digital expectations will shape how Americans will bank, pay, borrow, save, and buy for years to come. Now, Javelin and Greenwich Associates have deepened the analysis to develop profiles of four segments of consumers based not only on who they are and what they do, but also why they bank the way they do.
Companies Mentioned
Apple, Bank of America, BB&T, Capital One, Citibank, Citizens Bank, Intuit, JPMorgan Chase, U.S. Bank, Wells Fargo
Press Release
$1.1 Trillion in Deposits are at Risk Among Mobile-Minded Consumers With an Itch to Switch Banks
Book a Meeting with the Author
Related content
The Shift to Tech Companies Continues, but Banks Still Hold the Advantage
Fintechs and tech giants have become deeply embedded in the operations of small businesses, capturing incoming and outgoing payments, lending and more, and steadily pulling engagem...
Better Bank Switching: 3 Digital Priorities on the Path to Primacy
The complexion of bank switching has changed in the past decade, and customer stickiness is a harder factor to lock in. FIs need to take a broader view of what makes a successful b...
Pitching Personal Loans With Purpose
Personal loans are not viewed by borrowers as generic lines of credit but rather as ways to meaningfully advance their lives. Banks have an opportunity to position themselves as ap...
Make informed decisions in a digital financial world