Data Snapshot

UK Banking Customers Have An Appetite For Personalization

Personalization Can Help Customers Manage Their Finances Better

 and  four contributors
Oct 31, 2024

Summary

According to Forrester’s Financial Services Banking Survey, 2024, two-thirds of UK online adults are interested in receiving overdraft alerts, and just under half are interested in personalized financial product offers and recommendations based on their financial situation, personalized financial insights based on their spending patterns, and a personal financial health score to help them track and improve their financial health. Personalization — with customer consent — helps banks deliver the next best experience and drive engagement and loyalty. Banks should use context and technology to anticipate customers’ needs, engage customers proactively, and show they know and care about their customers.

Log in to continue reading
Client log in
Welcome back. Log in to your account to continue reading this research.
Become a client
Become a client today for these benefits:
  • Stay ahead of changing market and customer dynamics with the latest insights.
  • Partner with expert analysts to make progress on your top initiatives.
  • Get answers from trusted research using Izola, Forrester's genAI tool.
Purchase this report
This report is available for individual purchase ($395).