Trends Report

The Financial Alerts That Net Users Want

Consumer Interest In Email And SMS Alerts Continues To Outstrip Supply

August 7th, 2007
Benjamin Ensor, null
Benjamin Ensor
With contributors:
Cliff Condon , Lauriane Camus

Summary

Europe's frequent Net users are interested in a wide range of financial alerts, from large payment warnings to insurance renewal reminders. Most of these Net users would like to receive alerts by email, although one-third would like SMS alerts. Young Net users, not surprisingly, are the most interested in SMS alerts. Financial services eBusiness executives whose firms don't offer alerts today should prioritize the development of alerts as a way to improve customer service and reduce the number of routine interactions in branches and call centers.

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