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Next generation finance: determinants of consumer finance engagement with generation z

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Summary:With the emergence of younger generations and changes in their characteristics and preferences, traditional financial services providers face the imperative to adapt to remain competitive and avoid being outcompeted by emerging disruptive players. This study explores the drivers of Gen Z's engagement with financial institutions, assessing their significance and understanding the interrelation of these factors, alongside Gen Z's characteristics and behaviors. Results indicate that trust and transparency, competitive rates and rewards, customer support, financial education, sustainable and ethical practices, and extended offerings and aggregations are important determinants to Gen Zers when choosing their financial provider and highlight the correlation between demographic factors and their preferences.
Main Authors:Freiha, Jane Jean
Subject:Gen z Customer satisfaction Financial services Determinants of success CEMS MIM
Year:2023
Country:Portugal
Document type:master thesis
Access type:embargoed access
Associated institution:Universidade Nova de Lisboa
Language:English
Origin:Repositório Institucional da UNL
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author Freiha, Jane Jean
author_facet Freiha, Jane Jean
author_role author
contributor_name_str_mv Habib, Nadim
RUN
country_str PT
creators_json_txt [{\"Person.name\":\"Freiha, Jane Jean\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Habib, Nadim
RUN
datacite.creators.creator.creatorName.fl_str_mv Freiha, Jane Jean
datacite.date.Accepted.fl_str_mv 2023-09-01T00:00:00Z
datacite.date.available.fl_str_mv 2029-05-30T00:00:00Z
datacite.date.embargoed.fl_str_mv 2029-05-30T00:00:00Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_f1cf
datacite.subjects.subject.fl_str_mv Gen z
Customer satisfaction
Financial services
Determinants of success
CEMS MIM
datacite.titles.title.fl_str_mv Next generation finance: determinants of consumer finance engagement with generation z
dc.contributor.none.fl_str_mv Habib, Nadim
RUN
dc.creator.none.fl_str_mv Freiha, Jane Jean
dc.date.Accepted.fl_str_mv 2023-09-01T00:00:00Z
dc.date.available.fl_str_mv 2029-05-30T00:00:00Z
dc.date.embargoed.fl_str_mv 2029-05-30T00:00:00Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10362/171655
dc.language.none.fl_str_mv eng
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_f1cf
dc.subject.none.fl_str_mv Gen z
Customer satisfaction
Financial services
Determinants of success
CEMS MIM
dc.title.fl_str_mv Next generation finance: determinants of consumer finance engagement with generation z
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_bdcc
description With the emergence of younger generations and changes in their characteristics and preferences, traditional financial services providers face the imperative to adapt to remain competitive and avoid being outcompeted by emerging disruptive players. This study explores the drivers of Gen Z's engagement with financial institutions, assessing their significance and understanding the interrelation of these factors, alongside Gen Z's characteristics and behaviors. Results indicate that trust and transparency, competitive rates and rewards, customer support, financial education, sustainable and ethical practices, and extended offerings and aggregations are important determinants to Gen Zers when choosing their financial provider and highlight the correlation between demographic factors and their preferences.
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instname_str Universidade Nova de Lisboa
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person_str_mv Freiha, Jane Jean
publishDate 2023
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spelling engpt_PTWith the emergence of younger generations and changes in their characteristics and preferences, traditional financial services providers face the imperative to adapt to remain competitive and avoid being outcompeted by emerging disruptive players. This study explores the drivers of Gen Z's engagement with financial institutions, assessing their significance and understanding the interrelation of these factors, alongside Gen Z's characteristics and behaviors. Results indicate that trust and transparency, competitive rates and rewards, customer support, financial education, sustainable and ethical practices, and extended offerings and aggregations are important determinants to Gen Zers when choosing their financial provider and highlight the correlation between demographic factors and their preferences.application/pdfpt_PTNext generation finance: determinants of consumer finance engagement with generation zFreiha, Jane JeanHabib, NadimHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptURNurn:tid:2035163892023-09-012023-05-302029-05-30T00:00:00Z2023-09-01T00:00:00ZHandlehttp://hdl.handle.net/10362/171655http://purl.org/coar/access_right/c_f1cfembargoed accessGen zCustomer satisfactionFinancial servicesDeterminants of successCEMS MIM765922 bytesliteraturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_f1cfapplication/pdffulltexthttps://run.unl.pt/bitstreams/aa945a44-e14f-4283-88a0-12ad34a525da/download
spellingShingle Next generation finance: determinants of consumer finance engagement with generation z
Freiha, Jane Jean
Gen z
Customer satisfaction
Financial services
Determinants of success
CEMS MIM
status SINGLETON
subject.fl_str_mv Gen z
Customer satisfaction
Financial services
Determinants of success
CEMS MIM
title Next generation finance: determinants of consumer finance engagement with generation z
title_full Next generation finance: determinants of consumer finance engagement with generation z
title_fullStr Next generation finance: determinants of consumer finance engagement with generation z
title_full_unstemmed Next generation finance: determinants of consumer finance engagement with generation z
title_short Next generation finance: determinants of consumer finance engagement with generation z
title_sort Next generation finance: determinants of consumer finance engagement with generation z
topic Gen z
Customer satisfaction
Financial services
Determinants of success
CEMS MIM
topic_facet Gen z
Customer satisfaction
Financial services
Determinants of success
CEMS MIM
url http://hdl.handle.net/10362/171655
visible 1