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Financial Services Intelligence Update
J.D. Power
19 episodes
5 days ago
Financial Services Update is a quick, focused listen that delivers the latest insights across banking, payments, wealth and lending. Join industry experts like Jennifer White, John Cabell and many others as they break down customer experience data and share practical takeaways for businesses.
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Business
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All content for Financial Services Intelligence Update is the property of J.D. Power and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Financial Services Update is a quick, focused listen that delivers the latest insights across banking, payments, wealth and lending. Join industry experts like Jennifer White, John Cabell and many others as they break down customer experience data and share practical takeaways for businesses.
Show more...
Business
Episodes (19/19)
Financial Services Intelligence Update
Top Credit Card Issuer Trends In 2025: What's Happening Now and What's Next | Ep 19

On this episode, John Cabell explores the latest insights from the J.D. Power 2025 U.S. Credit Card Satisfaction Study. Discover what’s shaping the credit card landscape in 2025 and how issuers can adapt to meet evolving customer expectations.

 

Key Highlights:

(00:42) – The financial health of today’s cardholders and its impact on satisfaction


(02:15) – Why affluent customers continue to prefer premium cards


(04:07) – The effect of Buy Now, Pay Later (BNPL) on credit card usage


(06:23) – How surcharges are driving customers to alternative payments


(08:45) – Where AI innovation presents opportunities for issuers

 

Learn More: jdpower.com/financial-services

 

Stay Tuned: New episodes drop regularly with data-driven insights into payments, banking, wealth, and lending.


Follow us for more findings like these and stay updated on the latest financial services trends!

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2 months ago
8 minutes 6 seconds

Financial Services Intelligence Update
How Wealth Management Firms Can Stay Ahead of the Advisor Shortage | Ep 18

On this episode, Miles Tullo and Mike Foy explore the latest insights from the J.D. Power 2025 U.S. Financial Advisor Satisfaction Study. Uncover the driving forces behind advisor satisfaction and the transformative impact of technology on the financial advisory sector.Key Highlights:(00:38) - Opportunities for financial advisors in 2025.

(01:05) - Insights into the aging demographic of financial advisors and industry implications.

(02:18) - The role of leadership behaviors and cultural attributes in advisor retention.

(04:01) - How technology is reshaping advisor satisfaction and expectations.

(08:31) - Top-ranked investment firms with the highest advisor satisfaction scores.Learn More: jdpower.com/financial-servicesStay Tuned: Miles will return in August to discuss findings from the flagship credit card satisfaction study.Follow us for more insights like these and stay updated on the latest trends in financial services!

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3 months ago
10 minutes

Financial Services Intelligence Update
The Financial Advice People Actually Want from Their Banks | Ep 17

Two-thirds of Americans are financially unhealthy, and they’re turning to banks for help.


In this episode, Miles Tullo talks with Jennifer White about the findings from the 2025 U.S. Financial Health and Advice Satisfaction Study and how top banks are meeting customers’ rising expectations for financial guidance.


You’ll learn:


  • What kind of advice customers really want (and it’s not long-term retirement plans)
  • Why Bank of America ranks highest for advice satisfaction
  • The growing appetite for short-term financial tools from younger and emerging affluent customers
  • What lagging banks need to change to stay relevant
  • How omni-channel consistency and timely outreach drive results
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4 months ago
10 minutes 50 seconds

Financial Services Intelligence Update
Direct Banks Are Winning Younger Customers— Challenges Remain | Ep 16

Paul McAdam, Senior Director at J.D. Power, breaks down the latest insights from the 2025 U.S. Direct Banking Satisfaction Study. In this episode, we dive into why checking satisfaction is increasing, why savings satisfaction is slipping, and how digital tools and strong service are reshaping the direct banking experience. Whether you're in financial services or just curious about the future of banking, this conversation is packed with insights.

🎧 Learn more at jdpower.com/financial-services
📥 Subscribe for more J.D. Power Financial Services Intelligence.

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5 months ago
7 minutes 42 seconds

Financial Services Intelligence Update
Why Gen Y & Z Still Want Real Financial Advisors | Ep 15

Despite growing up with tech, younger investors are asking for real financial guidance. Kapil Vora, Senior Director at J.D. Power, shares key takeaways from the 2025 U.S. Investor Satisfaction Study and what it means for the future of wealth management.


Highlights:

  • Why DIY investors want real financial advisors?
  • What leading firms are doing right?
  • How can your firm adapt?


Read the full press release: https://www.jdpower.com/business/press-releases/2025-us-investor-satisfaction-study  


Explore our investor analytics: https://www.jdpower.com/business/wealth-management-platform

 

Follow for more financial services updates!

 

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6 months ago
5 minutes 49 seconds

Financial Services Intelligence Update
The 3 F's of Banking: Fees, Fairness and Fraud | Ep 14

Consumers are stressed—but satisfaction with banks is rising. How is that possible? In this episode of the J.D. Power Financial Services Intelligence Update, host Miles Tullo sits down with Jennifer White, Senior Director of Banking Intelligence, to unpack findings from the 2025 U.S. Retail Banking Satisfaction Study. What You’ll Learn:- Why customer satisfaction is rising despite financial strain- The “Three F’s” of trust: Fees, Fairness, and Fraud- A look at U.S. deposit trends—33% of consumers have less than $1,000 with their bank- How banks are delivering more personalized financial advice- What banks must improve to maintain trust Don’t miss:0:35 – Overview of the 2025 Retail Banking Study2:15 – Satisfaction rises during financial hardship3:30 – The Three F’s: Why trust matters4:45 – Deposit trends and the savings gap5:40 – The state of financial advice6:50 – Key takeaways Read the full study and press release here: https://www.jdpower.com/business/press-releases/2024-us-retail-banking-satisfaction-study Want to know how your bank stacks up? Contact J.D. Power to learn more. https://www.jdpower.com/business/financial-services


Follow us for more insights!

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6 months ago
6 minutes 48 seconds

Financial Services Intelligence Update
How Flexible Repayment Terms are Shaping the Buy Now Pay Later Market | Ep 13

In this episode, we explore the latest Buy Now Pay Later research and why it’s rapidly growing, particularly among Gen Z. Discover how flexible repayment options are driving this surge. We also discuss how fintech companies like Klarna, Afterpay, Affirm, and traditional banks are adapting to this trend.

Follow us for more financial services insights!

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6 months ago
5 minutes 11 seconds

Financial Services Intelligence Update
Satisfaction, Friction and the Road Ahead | Ep 12

Raising the Bar: What Today’s Auto Finance Customers Expect Online


In this episode, host Miles Tullo is joined by Patrick Roosenberg and Jon Sundberg to unpack the latest insights from the 2025 Automotive Finance Digital Experience Study.


Tune in as they explore:


  • How poor digital design drives up service costs and drags down satisfaction


  • Ways top lenders are transforming payment portals into two-way communication tools


  • The highest-ranked lenders in this year’s AutoFi Digital Experience Study


  • Quick digital fixes that can boost customer satisfaction


  • Why consumer expectations—shaped by apps like Amazon and Uber—are redefining success in auto finance


Get a firsthand look at what’s reshaping the digital auto finance landscape—and what lenders can do to stay ahead.


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6 months ago
8 minutes 1 second

Financial Services Intelligence Update
What Drives Affluent Client Loyalty & Preferences? | Ep 11

Listen in as Craig Martin and Miles Tullo share key insights from the Affluent Client Trends Report. This in-depth report combines data from over 250 leading brands across the banking and wealth management sectors, providing a comprehensive view of the evolving needs and behaviors of affluent consumers.


Their discussion shares the:

- The role of trust in building lasting relationships with affluent clients.

- How technology is reshaping personalized services and enhancing client experiences.

- Emerging opportunities to engage younger affluent clients, who represent the next wave of growth in financial services.


Want to dive deeper into the data? Get an exclusive preview of the Affluent Client Trends Report here: https://hub.jdpower.com/24-us-affluen....


Follow us for more financial services insights!

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6 months ago
9 minutes 20 seconds

Financial Services Intelligence Update
Bank on Trust: Protecting Consumers from Fraud | Ep 10

How can banks and credit card issuers better protect their customers from fraud while building trust and satisfaction? In this episode of the J.D. Power Financial Services Intelligence Update, Miles Tullo is joined by Jennifer White, the architect of J.D. Power’s newest research on bank and credit card fraud.


Jennifer shares:


Key findings on fraud trends, including higher risks for younger consumers

-The importance of proactive measures and guided "security center" experiences

-How banks can strengthen customer trust through timely fraud notifications


Watch now to discover how financial institutions can turn challenges into opportunities to enhance customer experiences.


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6 months ago
7 minutes 3 seconds

Financial Services Intelligence Update
Cracking the Code on Small Business Loyalty: 2024 Highlights | Ep 9

In this month's J.D. Power Financial Services Intelligence Update, Paul McAdam, Senior Director of Banking and Payments Intelligence, and Miles Tullo, Managing Director of Financial Services, share key insights from the 2024 Small Business Satisfaction Study. They examine the latest trends in small business banking satisfaction and discuss how banks can effectively sustain it.


Key highlights include:

- A surge in client-centric service and its impact on satisfaction

- The crucial role of improved credit access for small businesses

- Insights into high retention rates among satisfied clients


We’ll also share the top-performing banks that excel in meeting the needs of small business clients.


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6 months ago
6 minutes 54 seconds

Financial Services Intelligence Update
Rising Rates, Falling Volumes: The New Reality of Mortgage Satisfaction | Ep 8

As elevated interest rates reduce transaction volumes, the mortgage market is undergoing rapid changes.

In this month’s update, Bruce Gehrke, Senior Director of Lending Intelligence, and Miles Tullo, Managing Director, discuss the latest insights from the Mortgage Origination Satisfaction Study and Mortgage Servicer Satisfaction Study.

Looking for more insights?

Read the lending intelligence: https://www.jdpower.com/business/lending-research-data-and-analyticsSign up to receive insights in your inbox: https://hub.jdpower.com/fs-insights-list-opt-in

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6 months ago
9 minutes 21 seconds

Financial Services Intelligence Update
Revolvers vs. Transactors: Understanding the Credit Card Satisfaction Gap | Ep 7

Want to know the key trends shaping the credit card industry?

We’ve got exclusive insights from over 39,000 cardholders in the J.D. Power 2024 U.S. Credit Card Satisfaction Study. In this video, we explore the growing satisfaction gap between credit card revolvers and transactors with expert insights from Miles Tullo and John Cabel.

Read the latest press release: https://www.jdpower.com/business/press-releases/2024-us-credit-card-satisfaction-studySign up to receive insights in your inbox: https://hub.jdpower.com/fs-insights-list-opt-in

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6 months ago
9 minutes 31 seconds

Financial Services Intelligence Update
How to Keep Your Advisors Happy: Retention Strategies | Ep 6

Tune in to the July 2024 Financial Services Intelligence Update with Kapil Vora and Miles Tullo to refine your advisor retention strategies and stay ahead in the industry. The J.D. Power Financial Advisor Satisfaction Study provides crucial insights into what drives advisor contentment and retention, offering valuable guidance for wealth management firms.


Key Insights:

Employee Advisors: Satisfaction has surged by 49 points this year, thanks to better compensation, advanced technology, and enhanced support systems.

Independent Advisors: Satisfaction has declined by 15 points, primarily due to leadership issues. Only 46% of independent advisors feel their firm is heading in the right direction, a drop from 54% last year.


Important Takeaways:

Attrition Trends: Advisors who signal they might leave often do. Conversely, those committed to staying are likely to remain, underscoring the need for early intervention and resolution of concerns.

Culture and Leadership: Effective firm culture and leadership are critical for retention. Advisors planning to stay rate these factors much higher than those considering leaving. Professional development is also key for less tenured advisors.

 

For More:

Financial Advisor Satisfaction Study: https://www.jdpower.com/business/financial-advisor-satisfaction-study

Read the latest Press Release: https://www.jdpower.com/business/press-releases/2024-us-financial-advisor-satisfaction-study

Sign up to receive J.D. Power Financial Services Insights: https://hub.jdpower.com/fs-insights-list-opt-in

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6 months ago
6 minutes 43 seconds

Financial Services Intelligence Update
Engage, Advise, Retain: The New Formula for Banking Success | Ep 5

By embracing innovation and prioritizing personalized experiences, banks and credit card providers can redefine their role in enhancing financial well-being. We unpack the latest insights from the 2024 U.S. Retail Banking Advice Satisfaction Study in the June 2024 J.D. Power Financial Services Intelligence.


Here are some key insights:

Youthful Engagement: Younger consumers are actively seeking personalized financial advice. While they act on the advice received, satisfaction levels indicate room for improvement. Delivering robust tools and services alongside advice is crucial.


Industry Standard Setters: Leaders like Citi, Bank of America, Chase, and American Express set benchmarks with proactive financial guidance, defining satisfaction norms.


Frequency Optimization: Increasing interaction frequency across digital and traditional channels enhances satisfaction, engagement, and loyalty. A multichannel approach ensures comprehensive service accessibility.


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6 months ago
11 minutes 55 seconds

Financial Services Intelligence Update
P2P Transfers Are Blowing Up—Here’s What Users Really Care About | Ep 4

Over half of U.S. consumers are now using person-to-person (P2P) transfers. With an additional 10% rise in usage since Q3 2023, the landscape is evolving rapidly.

Listen in as Miles Tullo sits down with Sean Gelles, senior director of payment intelligence at J.D. Power, to uncover what drives customer loyalty and authority in the P2P space and discuss surprising brand performance insights on Venmo, PayPal, Cash App and Zelle.

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6 months ago
7 minutes 28 seconds

Financial Services Intelligence Update
The Rising Divide Between Full-Service and DIY Financial Platforms | Ep 3

In the J.D. Power Financial Services Intelligence update for April 2024, we examine the J.D. Power 2024 U.S. Full-Service Satisfaction Study and the U.S. Self-Directed Satisfaction Study.


The discussion explores intersecting trends from both studies, examining how investor types and segments, such as financial health and generation, influence satisfaction levels.


In this session, Miles Tullo and Kapil Vora address key topics, including:

- Service Levels Impact Satisfaction

- Trends Over Time

- Segmentation Matters

- Trading Habits and Financial Health

- Brand Spotlight

- Differentiation Strategies


Featuring:

Kapil Vora, Senior Director, Wealth Intelligence, J.D. Power

Miles Tullo, Managing Director, Financial Services Intelligence, J.D. Power

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6 months ago
8 minutes 32 seconds

Financial Services Intelligence Update
How to Attract and Retain Millennials: Key Insights from the 2024 U.S. Retail Banking Satisfaction Study | Ep 2

In an ever-evolving financial landscape, banks are keenly interested in understanding how to appeal to younger generations, particularly millennials. The latest edition of our Financial Services Intelligence Update delves into the findings of the 2024 U.S. Retail Banking Satisfaction Study, offering critical insights into what millennials expect from their banking relationships.


This video unpacks key areas of focus for banks aiming to attract, retain, and deepen relationships with the millennial demographic before they commit to other financial institutions. From digital innovation to personalized customer service, find out what factors are pivotal in shaping the banking preferences and satisfaction of younger customers.


BONUS MATERIAL AVAILABLE: Enhance your understanding with our exclusive insights on the overall satisfaction (OSAT) rates of different generations with their primary retail banks. Additionally, gain access to in-depth analysis on the seven dimensions crucial to overall banking satisfaction.


Don’t miss out on these valuable insights. Watch now to ensure your bank is aligned with the needs and preferences of the millennial generation.


Download our exclusive report on satisfaction levels by generation here: https://hub.jdpower.com/download-satisfaction-levels-by-generation


Follow us for more insights!

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6 months ago
4 minutes 2 seconds

Financial Services Intelligence Update
Who’s Leading the BNPL Race in 2024? | Ep 1

In this episode, we dive into the 2024 J.D. Power Buy Now, Pay Later Satisfaction Study to uncover what consumers really think about BNPL services. Who’s delivering the best experience? What drives trust and loyalty in this fast-growing space?


Tune in for data-backed insights, surprising trends, and what it all means for providers and the future of payments.


Follow us for more financial services updates!

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6 months ago
3 minutes 45 seconds

Financial Services Intelligence Update
Financial Services Update is a quick, focused listen that delivers the latest insights across banking, payments, wealth and lending. Join industry experts like Jennifer White, John Cabell and many others as they break down customer experience data and share practical takeaways for businesses.