DIGITAL & PERFORMANCE MARKETING REPORT

For Banking and Financial Services

Q3 2023 EDITION

After a tumultuous H1, banking and financial services (BFS) enterprises as well as platforms are adapting in innovative ways to the changes in AI-led tech, the economy, and banking consumers’ needs.

iQuanti’s BFS and digital marketing experts worked together to bring you this report tracking the trends that are reshaping financial marketing. And decoding what they mean for your marketing strategy.

Overview

After 2023 opened with a bang with strides in generative AI and the banking crisis, we’re seeing platforms and businesses doubling down on strategies adopted in H1.

  • Apple and Google intensified their focus on privacy.
  • TikTok is expanding into new areas like ecommerce and music streaming.
  • The Gen Z is now a core audience for banks and financial services.
  • Many businesses are integrating generative AI into their strategies.

How will these trends impact financial marketers.

Client expectations continue to rise – both for better experiences and higher levels of privacy.

-Vish Sastry Rachakonda, Founder & CEO, iQuanti

Key Numbers

logged-in users every month for YouTube

Mins/day - the average time spent daily on TikTok

%

Younger customers seek FDIC insured deposits

%

Google Network revenue YoY

%

Meta's revenue growth YoY

Gen Zs will open bank accounts between 2023-26

In Focus

The Future of Search

in the Age of Generative AI

Will Google’s Search Generative Experience (SGE) revolutionize search?

Google’s integration of generative AI into its search product could change the way people get information.
The platform has been testing variants of its landing page, with an eventual change expected later in 2023.

We explore how SGE’s building blocks will work together to optimize users’ search journeys. And tips for
marketers and SEOs to optimize for SGE.

Download the report for more insights on what these trends mean for you.

Related Content

Performance Marketing Report Q2 2023

Decoding US Customers’ Purchase Journey for Online Deposits in 2023

Measuring Marketing Success in a Cookieless World

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