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TikTok instead of branch appointments – Why banks are losing customer communication

Summary by IT Finanzmagazin
According to the World Economic Forum, baby boomers will bequeath around €3 trillion to younger generations by 2030. But millennials and Gen Z aren't savings bank customers like their parents: If digital customer communication falters or processes are too complicated, switching providers is just a click away. If you want to retain customers, you have to be technologically advanced... The article TikTok instead of a branch appointment - Why banks…
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IT Finanzmagazin broke the news in on Wednesday, April 23, 2025.
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