{"id":393960,"date":"2020-12-07T04:02:05","date_gmt":"2020-12-07T09:02:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393960"},"modified":"2020-12-07T04:02:05","modified_gmt":"2020-12-07T09:02:05","slug":"rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/","title":{"rendered":"Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds<\/b><\/p>\n<p class=\"bwalignc\">\nBanks must earn consumer trust if they hope to provide lucrative advisory services as a cornerstone of their growth strategies\n<\/p>\n<p>NEW YORK &amp; LONDON &amp; HONG KONG&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe replacement of in-person branch interactions with impersonal digital transactions through online and mobile channels during the COVID-19 pandemic has accelerated the ongoing erosion of consumer trust in banks, according to a new report from Accenture (NYSE: ACN).\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20201207005028\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201207005028\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201207005028\/en\/844237\/4\/Financial.jpg\" alt=\"Consumers\u2019 trust in businesses to look after their long-term financial wellbeing has dropped (Graphic: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Consumers\u2019 trust in businesses to look after their long-term financial wellbeing has dropped (Graphic: Business Wire)<\/p>\n<\/div>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.accenture.com%2Fus-en%2Finsights%2Fbanking%2Fconsumer-study-making-digital-banking-more-human&amp;esheet=52342859&amp;newsitemid=20201207005028&amp;lan=en-US&amp;anchor=Accenture%26%238217%3Bs+2020+Global+Banking+Consumer+Study&amp;index=1&amp;md5=9defce1be87603b8df26618b59feac77\">Accenture\u2019s 2020 Global Banking Consumer Study<\/a>, based on a survey of more than 47,000 consumers globally, builds on two similar reports from 2019 and 2017. The latest report reveals that without a strong emotional connection with their bank, customers are more likely to view banking services as a commodity, with price being the ultimate competitive differentiator. Specifically, nearly four in 10 consumers (37%) ranked value for money as a top three factor, making it the most important factor when dealing with a bank, an increase of 10 percentage points from two years ago.\n<\/p>\n<p>\nThe report notes that while banks have long been encouraging consumers to use digital channels for transactional banking activity, there was no way to predict how aggressively that trend would accelerate as a result of COVID-19. While banks often view broader digital adoption as a way to lower costs and provide services 24\/7, the rapid pivot to existing and hastily launched digital services has all but removed the vital human element from banking, further eroding consumer trust. For instance, less than one-third (29%) of surveyed consumers trust banks \u201ca lot\u201d to look after their long-term financial well-being, compared with 43% two years ago.\n<\/p>\n<p>\n&#8220;At a time when customer trust is critically important, the recent shift to digital is threatening the relationships banks have worked to develop,\u201d said Alan McIntyre, who leads Accenture\u2019s Banking industry group globally. \u201cThe pandemic-inspired increase in digital engagement is a double-edged sword for banks. While it has allowed them to serve customers efficiently throughout the pandemic\u2014and advanced their digital strategies by up to five years in some cases\u2014it has pushed them to launch solutions that are functionally adequate but devoid of emotion. To forge strong customer connections, banks must reimagine the digital services they provide and make those connections more personal and relevant.\u201d\n<\/p>\n<p>\nWhen asked how much they trust their bank to look after their data, fewer than four in 10 (37%) said \u201ca lot,\u201d a 14 percentage-point drop from just two years ago. Yet while overall trust might be eroding, the report found that more than half (57%) of consumers believe that when providing advice, their bank has their best interest in mind \u201calways\u201d or \u201cmost of the time,\u201d and 62% believe that the advice is smart, personalized and well-informed.\n<\/p>\n<p>\nThese factors likely contribute to why nearly one-quarter (23%) of consumers believe that banks are in the best position to provide them with products and services outside of their core areas of expertise, compared with only 16%, 12%, and 11% of respondents who said the same for tech providers, social media companies and neobanks, respectively.\n<\/p>\n<p><b>Permanent behavioral shift or pandemic-inspired fad?<br \/>\n<br \/><\/b>The report suggests that banks need to evaluate how consumer behavior has been affected by the pandemic and determine which behavior changes are permanent \u2013 noting, for instance, the growing popularity of video calls. Prior to COVID-19, only 15% of consumers had spoken to a bank advisor via video call, but nearly half (46%) said they would be willing to do so when branches reopen, and 35% said they would prefer video calls to face-to-face meetings.\n<\/p>\n<p>\nHowever, banks need to understand how different channels affect consumer trust. For instance, when receiving advice on products and offerings, only 28% of consumers said they would trust a human advisor \u201ca lot\u201d delivering advice over a video call, compared with 36% and 48% who said they would trust a human advisor \u201ca lot\u201d delivering advice by phone or in person in a branch, respectively.\n<\/p>\n<p>\n\u201cBanks must embrace how evolving consumer behaviors are driving change and create digital tools that add relevance and personality into each interaction with the ability to swap in a human advisor at the right moment,\u201d McIntyre said. \u201cThe right approach will balance human and machine interactions, blending the convenience of more personalized digital interactions with human assistance when needed to create more value. This would go a long way toward reinforcing banks\u2019 relationships with their customers, which in turn can build trust, loyalty and benefits for both.\u201d\n<\/p>\n<p><b>Evolution of switching<br \/>\n<br \/><\/b>The report found that bank-switching behaviors, once a real-time indicator of increased competition or unhappy customers, have changed over the past two years. Primary account switching activity has decreased significantly, with just 3.8% of consumers saying they switched their primary bank account in the past 12 months, compared with 6.7% two years ago.\n<\/p>\n<p>\nNoting that these low numbers can be attributed to the natural slump in neobank adoption after the initial surge, coupled with incumbent banks improving their digital capabilities, the report suggests that they could also provide a false sense of security for incumbents. Measuring switching has become more complex as consumers supplement their primary bank account with additional accounts that serve specific purposes \u2014 resulting in multi-banked customers.\n<\/p>\n<p>\n\u201cSwitching has gone from a hard \u2018cutting of the cord\u2019 to a more dangerous slow-drip erosion of share of wallet,\u201d McIntyre said. \u201cThis shows that the consumer\/bank relationship is becoming even more fragmented, as consumers can quickly and easily open and place their money across various accounts to achieve specific financial goals or simply hedge their bets. The acceleration to digital has helped many traditional banks close the technology innovation gap with neobanks. Better digital offerings combined with the trusted stability of established banks may see the scales tipping to traditional banks as the preferred primary account for consumers.\u201d\n<\/p>\n<p>\nThe full report can be accessed here: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.accenture.com%2Fus-en%2Finsights%2Fbanking%2Fconsumer-study-making-digital-banking-more-human&amp;esheet=52342859&amp;newsitemid=20201207005028&amp;lan=en-US&amp;anchor=www.accenture.com%2Fus-en%2Finsights%2Fbanking%2Fconsumer-study-making-digital-banking-more-human&amp;index=2&amp;md5=72502e360fdf1d4141df28ca6e0a0ff5\">www.accenture.com\/us-en\/insights\/banking\/consumer-study-making-digital-banking-more-human<\/a>.\n<\/p>\n<p><b>Methodology<br \/>\n<br \/><\/b>Accenture surveyed 47,810 respondents across 27 countries: Australia, Belgium, Brazil, Canada, China (including Hong Kong), Denmark, Finland, France, Germany, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, Norway, Russia, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, United Arab Emirates, the United Kingdom and the United States. Respondents were required to have a bank account and covered multiple generations and income levels. The survey was conducted online during July and August 2020.\n<\/p>\n<p><b>About Accenture<br \/>\n<br \/><\/b>Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services \u2014 all powered by the world\u2019s largest network of Advanced Technology and Intelligent Operations centers. Our 506,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.accenture.com&amp;esheet=52342859&amp;newsitemid=20201207005028&amp;lan=en-US&amp;anchor=www.accenture.com&amp;index=3&amp;md5=3c5c9a3b6a05933a80cb0008525f494a\">www.accenture.com<\/a>.\n<\/p>\n<p>\nAccenture\u2019s Banking industry group helps retail and commercial banks and payments providers boost innovation; address business, technology and regulatory challenges; and improve operational performance to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.accenture.com%2Fus-en%2Finsights%2Fbanking%2Fpurpose-driven-banking-win-customer-trust&amp;esheet=52342859&amp;newsitemid=20201207005028&amp;lan=en-US&amp;anchor=build+trust+and+engagement+with+customers&amp;index=4&amp;md5=87c499f2750f1c49190f31def37bde11\">build trust and engagement with customers<\/a> and grow more profitably and securely. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.accenture.com%2Fus-en%2Findustries%2Fbanking-index&amp;esheet=52342859&amp;newsitemid=20201207005028&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.accenture.com%2Fus-en%2Findustries%2Fbanking-index&amp;index=5&amp;md5=f8e2188f0bdd6e4ce61956a95771a48a\">https:\/\/www.accenture.com\/us-en\/industries\/banking-index<\/a>.\n<\/p>\n<p>\nCopyright \u00a9 2020 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201207005028r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201207005028\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201207005028\/en\/<\/a><\/span><\/p>\n<p>\nMelissa Volin<br \/>\n<br \/>Accenture<br \/>\n<br \/>+1 267 216 1815<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:melissa.volin@accenture.com\">melissa.volin@accenture.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States United Kingdom Hong Kong North America Asia Pacific Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Finance Consulting Banking Other Technology Professional Services Software Networks Data Management<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201207005028\/en\/844237\/3\/Financial.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Consumers\u2019 trust in businesses to look after their long-term financial wellbeing has dropped (Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201207005028\/en\/844238\/3\/Data.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Consumers\u2019 trust in businesses to look after their data has also fallen (Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds Banks must earn consumer trust if they hope to provide lucrative advisory services as a cornerstone of their growth strategies NEW YORK &amp; LONDON &amp; HONG KONG&#8211;(BUSINESS WIRE)&#8211; The replacement of in-person branch interactions with impersonal digital transactions through online and mobile channels during the COVID-19 pandemic has accelerated the ongoing erosion of consumer trust in banks, according to a new report from Accenture (NYSE: ACN). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201207005028\/en\/ Consumers\u2019 trust in businesses to look after their long-term financial wellbeing has dropped (Graphic: Business Wire) Accenture\u2019s 2020 Global Banking Consumer Study, based on a survey of more &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-393960","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds Banks must earn consumer trust if they hope to provide lucrative advisory services as a cornerstone of their growth strategies NEW YORK &amp; LONDON &amp; HONG KONG&#8211;(BUSINESS WIRE)&#8211; The replacement of in-person branch interactions with impersonal digital transactions through online and mobile channels during the COVID-19 pandemic has accelerated the ongoing erosion of consumer trust in banks, according to a new report from Accenture (NYSE: ACN). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201207005028\/en\/ Consumers\u2019 trust in businesses to look after their long-term financial wellbeing has dropped (Graphic: Business Wire) Accenture\u2019s 2020 Global Banking Consumer Study, based on a survey of more &hellip; Continue reading &quot;Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-07T09:02:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20201207005028\/en\/844237\/4\/Financial.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds\",\"datePublished\":\"2020-12-07T09:02:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\\\/\"},\"wordCount\":1321,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20201207005028\\\/en\\\/844237\\\/4\\\/Financial.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\\\/\",\"name\":\"Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/","og_locale":"en_US","og_type":"article","og_title":"Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds - Market Newsdesk","og_description":"Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds Banks must earn consumer trust if they hope to provide lucrative advisory services as a cornerstone of their growth strategies NEW YORK &amp; LONDON &amp; HONG KONG&#8211;(BUSINESS WIRE)&#8211; The replacement of in-person branch interactions with impersonal digital transactions through online and mobile channels during the COVID-19 pandemic has accelerated the ongoing erosion of consumer trust in banks, according to a new report from Accenture (NYSE: ACN). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201207005028\/en\/ Consumers\u2019 trust in businesses to look after their long-term financial wellbeing has dropped (Graphic: Business Wire) Accenture\u2019s 2020 Global Banking Consumer Study, based on a survey of more &hellip; Continue reading \"Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-07T09:02:05+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20201207005028\/en\/844237\/4\/Financial.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds","datePublished":"2020-12-07T09:02:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/"},"wordCount":1321,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20201207005028\/en\/844237\/4\/Financial.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/rapid-shift-to-digital-banking-during-covid-19-accelerating-erosion-in-consumer-trust-accenture-report-finds\/","name":"Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds - 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