Why Finn’s Lessons Should Outlive Its Brand
- Date:July 02, 2019
- Author(s):
- Tyler Brown
- Jacob Jegher
- Mark Schwanhausser
- Report Details: 3 pages, 0 graphics
- Research Topic(s):
- Digital Strategy & Experience
- Digital Banking
- PAID CONTENT
Overview
Less than a year after Finn’s nationwide release in June 2018, Chase announced that it would retire its millennial-focused app in August. Many in the press and the Twitterverse painted Finn as a failure because it didn’t gain significant traction with consumers. But rather than dismiss Finn, the banking industry should view the app as a bold experiment that will ultimately contribute to a more compelling digital offering for Chase’s mobile banking customers. Finn shows the value of taking risks with the mobile banking experience and demonstrates Chase’s intent to create new mobile features and test them with customers.
Book a Meeting with the Author
Related content
Security vs. Convenience: A Framework for Balancing Digital Banking Friction
Balancing security and convenience is one of the most difficult and important tightrope walks in digital banking. FIs don’t need to neglect security or overhaul digital banking to ...
Humans in the Loop: Chatbots Are More Effective When Customers Know Agents Are Standing By
To respond to a broader variety of customer needs in real time, most big banks have introduced a chatbot. In the past five years, chatbot availability in mobile banking from the 20...
How to Turn Mobile Banking Activity Into Meaningful Digital Engagement
Banks that connect features to meaningful customer outcomes in mobile banking can turn routine app visits into deeper, more valuable relationships. Financial institutions are chall...
Make informed decisions in a digital financial world