BI IntelligenceThis is a preview of a investigate report from BI Intelligence, Business Insider’s reward investigate service. Click here to learn more.
A series in payments and banking is commencement as virtual assistants like Siri and Alexa benefit the abilities of cashiers, personal shoppers, and bank tellers.
Already, Siri can help users make peer-to-peer (P2P) transfers with Venmo, Alexa can compensate off Capital One credit label bills, and Google Assistant can let users shop with their voice from circuitously stores.
This is just the beginning. Today, 18 million US consumers have done a voice payment, and BI Intelligence projects that figure will quadruple over the next 5 years.
In a new report, BI Intelligence explores how and because financial services providers such as PayPal and Bank of America are positioning for voice interfaces to take off. The report includes actionable recommendations that draw on interviews with executives spearheading voice initiatives, as good as disdainful consult information from our exclusive investigate panel.
Here are some of the pivotal takeaways from the report:
In full, the report: