Community
Not so long ago, I sat in a security meeting at a leading global bank and they told me that to combat phishing concerns and to protect customers, they quite simply do not email them. Well, that wasn’t entirely true. Of course they email their customers, just nothing worth looking at. Phishing is killing your portal because it’s stopping you from sending functional and valuable email that engages your customers. And ultimately, it’s email that feeds your portal. There is no better, nor cost efficient and safer way of directing customers there.
Internet Banking and Portals were designed for two reasons:
I have engaged with the UK’s top banks and financial institutions and the real shocker is that most haven’t managed to do either of the above as effectively as they had hoped.
The fabulous exodus from paper to paperless never happened (only 24% of bank customers have completely abandoned paper) and money is still heading out the window with fraud attacks. Just because your organization ‘does not send email’, doesn’t mean that phishers aren’t still sending attacks with your name on them.
Whilst my bank thinks they are protecting me, they also continue to lose my engagement, interest and eyeballs to other more digitally savvy organizations using 'Push' technology - I am click happy for anything to do with travel and deals on home furnishings. Can’t remember the last time I properly logged on to online banking and thus, recently received the message displayed below appealing to me to log on.
I found it utterly fascinating that forgotten log in details and not needing a security device are the two main things my bank mentioned in their attempt to woo me. Well, at least they hit the nail on the head as to why I haven’t logged on recently. But, knowing that in order to do so I had a 10 minute call (minimum) to India ... stopped me.
Email gets customers' attention & increases portal traffic, while maintaining a high level of security
How can banks compete with inboxes that are filling up with beautiful fun emails promising exotic locations on a shoestring and 50% off plasma TVs? What can both grab attention and push folks to your portal while maintaining the high level of security needed?
The answer is PUSH.
Once the customer is within the secure PDF environment, you can direct them anywhere… including your portal.
Don’t let fears of phishing stop you from using email, educate your customers instead.
Augment your paperless processes with email and stop asking your customers to come to you without giving them a carrot.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Jelle Van Schaick Head of Marketing at Intergiro
07 October
Nikunj Gundaniya Product manager at Digipay.guru
Ritesh Jain Founder at Infynit / Former COO HSBC
04 October
Nick Jones CEO at Zumo
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.