‘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
Why Banks Haven’t Sold Consumers on Account Aggregation—Yet
In theory, the consumer benefits of aggregating bank accounts are numerous, starting with one-stop, 360-degree oversight. And yet a remarkable number of consumers say they actually...
Designing Gamification for Ongoing Digital Banking Engagement
Engagement with digital banking remains frequent but shallow, leaving significant value untapped by customers. Better gamification—designed around behavior, habits, and trust rathe...
Small Business Neobanks: 8 Ways They’re Beating Banks at Their Own Game
Neobanks may be easy to dismiss, serving a small share of newer, digitally native businesses, but that framing misses their real impact. They are repositioning digital banking arou...
Make informed decisions in a digital financial world