“Open Banking sets a new framework for the Retail Banking landscape, with endless opportunities to develop the market. To capture consumers’ attention and engagement, it is necessary to first secure their trust. Established brands are in a privileged position in this sense, and would be wise to take the initiative in its initial stages. New entrants could find niches, but successful partnerships with big brands would give them a much ...
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Overview
Overview
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Overview
Executive Summary
Issues and Insights
Market
Market
Mintel provides a range of market information across categories including: forecasting and share information; internal and broader market environment information; and the issues that affect the market in question.
The Market – What You Need to Know
Economic and Regulatory Environment
Market Drivers
Consumer
Consumer
Mintel conducts exclusive and original consumer research for reports, bringing up-to-date and unique insight to topical issues. This research examines the impact of social, economic, cultural and psychological influences on consumers.
The Consumer – What You Need to Know
Current Account Ownership
Ownership of Financial Products
Channel Preference
Reasons to Review Financial Arrangements
Attitudes towards Retail Banking
Awareness of Open Banking
Likelihood to Engage with Open Banking
Brand/Company
Brand/Company
Our brand research provides data and informed analysis across a number of consumer metrics including usage, satisfaction, recommendation, momentum and trust. It also explores consumer attitudes towards brands and examines the reasons behind these.
Companies and Brands – What You Need to Know
Market Share
Company Profiles
Launch Activity and Innovation
Advertising and Marketing Activity
Brand Research
Data
Data
Reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
Appendix – Data Sources, Abbreviations and Supporting Information
28th May 2019
"A report by the Treasury Select Committee has admonished the big banks for pushing customers into using Post Office branches when they close their own branches saying that they are unfit for the purpose. But with many Post Office branches now struggling to maintain a viable business, there is a ... 
30th April 2019
"TSB is looking to rebuild trust following its IT troubles by becoming the first UK bank to guarantee that it will reimburse customers who lose money as a result of authorised push payment scams.”
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Open Banking needs some backing
