Digital Déjà Vu: Banks Miss Another Stimulus Opportunity
- Date:March 31, 2021
- Author(s):
- Emmett Higdon
- Report Details: 4 pages, 3 graphics
- Research Topic(s):
- Digital Banking
- Mobile & Online Banking
- PAID CONTENT
Overview
As the third round of stimulus payments reached U.S. consumers, most digital banking sites provided little, if any, guidance as to how best to put the funds to use. Banks missed a perfect opportunity to showcase financial fitness tools and content that could increase engagement and satisfaction.
Interested In This Report
Related content
Card Controls: A Service in Search of a Strategy
The current adoption of card controls by consumers is disappointing, but several indicators suggest that better positioning of these features by financial institutions would spur m...
How to Supercharge Digital Banking with Payroll Data
Blind spots hinder banks and credit unions from providing reliable financial advice in digital banking. Fintechs such as Argyle, Atomic, Flinks, and Pinwheel are jockeying to provi...
Generation Z: Halfway to Adulthood and Ready to Borrow
Approximately half of Generation Z—those born since 1997—has graduated into adulthood, and that carries strong implications for financial institutions. Gen Zers are moving beyond f...
Make informed decisions in a digital financial world