NEW ACCOUNT-BANKING APP

NEW ACCOUNT-BANKING APP

ABOUT THE CLIENT

Client is a neobank company

APPROACH

Qualitative research
Sample Size - 10
NEW ACCOUNT-BANKING APP

PROBLEM STATEMENT

Identify challenges faced by first-time users while opening a bank account via the app.
Test and finalize the most user-friendly account opening process.
Analyze pain points where new users get stuck during onboarding.
Improve user experience and satisfaction with the onboarding journey.

OUR SOLUTIONS

Qualitative Focus Group Discussions with non-customers.
Online usability testing on the banking app.
Sample size: 5 groups with 6 participants each (30 participants total).
Platform: Zoom.

KEY TAKEAWAYS

Identified difficulties faced by new users during account setup.
Tested and finalized the most intuitive method for opening accounts.
Highlighted areas where users struggle and recommended improvements.
Assessed how user-friendly and seamless the onboarding journey is.

OUTCOME

Provided insights to refine the app for smoother onboarding.
Helped enhance user satisfaction and conversion rates for new accounts.
ResearchFox Team
About the Author

ResearchFox Team

ResearchFox Team brings together market researchers, analysts and editors who create evidence-led content on consumer research, B2B research, customer experience and business strategy. The team draws on ResearchFox’s experience supporting brands, startups and enterprises across India, Dubai and international markets.