Preferred Payment Methods and Consumer Use of Pay by Bank: Data, Stats, Graphs
August 20, 2024 | 3 min read
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More than half of U.S. consumers (54%) want financial providers to leverage their financial data to personalize their experience. And, 48% would give their financial provider access to more of their data if they knew it would result in a better experience.
Financial providers can increase deposits and drive engagement by delivering data-driven, actionable insights that are personalized to where the consumer is in their financial journey. Here’s a collection of MX’s top statistics, data, and graphs on personalization.
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“By focusing on customer outcomes and creating personalized, intuitive experiences from Day 1 of the relationship, financial institutions can not only maintain deposits but grow them — even in an increasingly challenging market.”
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