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
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...
ChatGPT’s Plaid Partnership Moves AI’s Data-Driven Advice Outside the Bank
OpenAI’s announcement that ChatGPT Pro users can now connect their accounts to the service to bolster financial conversations lands squarely in an area of susceptibility for most b...
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...
Make informed decisions in a digital financial world