Bringing older consumers onboard to online banking: a generational cohort comparison

A sociological approach towards the generational cohort analysis is developed. A special emphasis is made upon the youngest adult generation of millennials coming out of their adolescence in the 2000s. A broad range of social indicators is used for empirical exploration of intra-generational differences between urban and rural millennials. Data were collected from the annual Russian Longitudinal Monitoring Survey (RLMS-HSE) in 2003—2016. Numerous significant differences have been revealed with regard to the educational level, family planning, use of modern gadgets and digital technologies, commitment to healthy lifestyles, and some values. Some practices are more widely spread among rural millennials, whereas other practices are more characteristic of urban millennials. Most of revealed differences are explained by the lower level of material well-being of rural millennials and lower quality of rural infrastructure.

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Customer Satisfaction on e-SERVQUAL in Islamic Online Banking Services

ADVANCES IN BUSINESS RESEARCH INTERNATIONAL JOURNAL ◽

10.24191/abrij.v3i2.10094 ◽

2017 ◽

Vol 3 (2) ◽

pp. 29

Author(s):

NURHAZIRAH HASHIM ◽

MOHAMMAD ZAIM MOHD SALLEH ◽

NOR SARA NADIA MUHAMAD YUNUS ◽

INTAN SYAFINAZ MAT SHAFIE

Keyword(s):

Customer Satisfaction ◽

Consumer Satisfaction ◽

Pearson Correlation ◽

Business Environment ◽

Online Banking ◽

Security And Privacy ◽

Accurate Information ◽

Online Services ◽

Banking Services ◽

Customer Information

The recent development in the ecommerce services has shown a variety of established companies participating in the web business environment including Islamic banks. Business with the mostexperience and success in using ecommerce are beginning to realize that the indicator of success or failure of the ecommerce environment was included in the online services. Nowadays, the trend ofa business is to serve the customer with best quality of services to enhance the consumer satisfaction and compete with the global competitors as online services enabled registered user to make productspurchase transaction only through website such as check and manage financial standing, transfer funds, bill payment, prepaid reload and so forth. However, in recent times, Islamic banking users faced problems with the online system such as cannot log in to the system, payment failure and mostly security and privacy hindrance. Therefore, this study aimed to investigate the relationship between electronic service quality (e-SERVQUAL) and customer satisfaction towards IslamicOnline Banking Services users. Based on the sample size, only 76 respondents were selected to participate in this study by using a convenience sampling. Further, Pearson correlation and multipleregression were reported to analyze the mentioned relationship. The findings have shown that there is a positive relationship between e-SERVQUAL and customer satisfaction in using Islamic onlinebanking services. Based on the findings, Islamic online banking developer is recommended to improve more on their responsiveness in order to provide quick response to their customer’s requirements. Moreover, they also should be more reliable in providing accurate information in performing the promised services. They must assure that all of their customers can quickly get responds and true feedback regarding their problems to ensure customer satisfy with service provided. Besides, the safety of the website and the protection of customer information alsoconsidered a vital action that should be concerned in order to increase the customers’ satisfaction.

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Secret Sharing Based Securing Online Banking Transactions

i-manager s Journal on Information Technology ◽

10.26634/jit.5.4.10331 ◽

2016 ◽

Vol 5 (4) ◽

pp. 1

Author(s):

Wagh K. S ◽

Keyword(s):

Secret Sharing ◽

Online Banking

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Internet Navigation Skills for Financial Management: Associations with Age, Neurocognitive Performance, and Functional Capacity

10.31234/osf.io/q46r8 ◽

2020 ◽

Author(s):

Samina Rahman ◽

Victoria Kordovski ◽

Savanna Tierney ◽

Steven Paul Woods

Keyword(s):

Older Adults ◽

Functional Capacity ◽

Financial Management ◽

Internet Banking ◽

Online Banking ◽

Neurocognitive Performance ◽

Younger Adults ◽

Neurocognitive Functions ◽

Age Related ◽

Use Factors

Objective: Online banking is becoming increasingly common among older adults, whomay experience difficulties effectively navigating this instrumental technology. Thisstudy examined age effects on a performance-based Internet banking task and itsassociation with neurocognitive ability and functional capacity in older and youngeradults. Method: Thirty-five older adults and 50 younger adults completed anexperimenter-controlled online banking measure in which they independentlyperformed a series of naturalistic financial tasks (e.g., account transfers, bill paying).Participants also completed a standardized battery of neuropsychological tests andmeasures of functional capacity. Results: Older adults were markedly slower and lessaccurate in completing the Internet-based banking task, which was not confounded byother demographic, mood, or computer use factors. Higher scores on measures ofneurocognition and financial functional capacity were both strongly associated withhigher Internet-based banking task accuracy scores and quicker completion times inthe older, but not the younger adults. Conclusions: Findings suggest that older adultsexperience difficultly quickly and accurately navigating online banking platforms, whichmay be partly related to age-related declines in neurocognitive functions and basicfinancial capacity. Future studies might examine whether neurocognitive approaches toremediation and compensation can be used to improve online banking capacity inolder adults.

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