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# Tech-Assisted Banking
Traditional banking is updated with unique technological enhancements.

By [Tana Makmanee](https://www.trendhunter.com/tmak), SVP, Research Services at Trend Hunter | Published Jun 22, 2015 | Category: [Tech](https://www.trendhunter.com/pro/category/technology-trends-and-gadgets)
Source: Trend Hunter, https://www.trendhunter.com/protrends/techassisted-banking

## Key Figures

- Trend score: 3.9/10
- Evidence articles: 4

## What is the Tech-Assisted Banking trend?

**Tech-Assisted Banking:** To bring a traditionally burdensome activity like banking into the 21st century, financial institutions are turning to creative tech integration to add both intrigue and efficiency to the process. Adapting transactions and online banking with biometric and beacon technology, banks are using tech innovations to redefine static services into something more intelligent and self-governing. Such developments reflect a need for services that require little to no effort from the consumer.

## At a Glance

- Evidence: 4 featured examples
- Articles from: Jun 17, 2014 to Jan 22, 2015
- Published: Jun 22, 2015
- Patterns: [Reduction](https://www.trendhunter.com/pattern/reduction), [Acceleration](https://www.trendhunter.com/pattern/acceleration)
- Megatrends: [Simplicity](https://www.trendhunter.com/megatrend/simplicity), [Artificial Intelligence](https://www.trendhunter.com/megatrend/artificial-intelligence)

## Audience

- Gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: North America, Europe, Asia

## Themes within the Tech-Assisted Banking trend

### Biometric and Beacon Technology

Using biometric technology and beacons, banks are able to provide unique, efficient and low effort services to customers.

### Artificial Intelligence Banking Assistants

Banks are developing virtual personal assistants with intelligent and conversational user experience powered by AI technology.

### Secure and Convenient Transactions

A visual transaction signing system using patented technology strikes a balance between security and a positive user experience, minimizing the risk of phishing and increasing flexibility across multiple platforms.

## What the Tech-Assisted Banking trend means for industry

### For Banking

Banks are adapting to new technologies to enhance customer experience by using unique, efficient and low effort services.

### For Artificial Intelligence

AI-powered banking assistants aim to disrupt traditional banking through intelligent, conversational capabilities and ease of use.

### For Internet Security

Secure banking transactions require solutions like visual transaction signing that balance convenience and security to prevent phishing and social engineering threats.

## Trend signals for Tech-Assisted Banking

Trend score 3.9 out of 10, from popularity 69%, activity 40%, freshness 8%.

- Popularity: 69%
- Activity: 40%
- Freshness: 8%

## Examples of the Tech-Assisted Banking trend

4 featured examples from Jun 17, 2014 to Jan 22, 2015.

- [Banking Assistant Apps](https://www.trendhunter.com/trends/virtual-personal-assistant): The Kasisto Virtual Personal Assistant is Intelligent and Simple to Use (Category: Tech)
  Implication: Virtual personal assistants like Kasisto present an opportunity for banks to provide highly personalized and context-aware experiences for their customers, enhancing customer sati…
- [Palm Print-Scanning ATMs](https://www.trendhunter.com/trends/chase-bank): The New Chase Bank Electronic Banking Kiosks Could Use Biometric Scanning (Category: Tech)
  Implication: The introduction of palm print-scanning ATMs could revolutionize the banking industry by improving security measures and enhancing customer experience.
- [Assistive Banking Apps](https://www.trendhunter.com/trends/bank-technology): The 'Barclays Access' Bank Technology Improves Accessibility for Customers (Category: Tech)
  Implication: Banks can innovate by developing assistive banking apps that improve accessibility and personalize customer service.
- [Visual Transaction Signing](https://www.trendhunter.com/trends/transaction-signing): Banks Using CrontoSign Ensure Security and Positive User Experience (Category: Tech)
  Implication: Opportunity for disruptive innovation in the banking industry by implementing secure transaction signing systems that prioritize user experience and security.

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All articles: [Tech](https://www.trendhunter.com/tech)
