Madhavan L Completed The Data Visualization Course On Kaggle Based on this gap, we review the gamification , loyalty program , and customer engagement literature, from which we derive important insight. Understand gamification in banking: 2025 insights for your fintech app gamification is the use of game like mechanics in non game contexts. you’ve probably heard of it in the context of duolingo, a giant education app for learning foreign languages – but gamification doesn’t limit to just education.

Haithem Athmani Completed The Data Visualization Course On Kaggle Imagine boosting engagement, motivation, and loyalty across your business by harnessing the power of gamification—an innovative strategy transforming workplaces, classrooms, and customer experiences, as evidenced by staggering statistics showing up to a 70% increase in employee engagement and a $30 billion market projected by 2025. A key component in many successful customer engagement strategies today, gamification is becoming a bigger focus of loyalty programs thanks to its broad appeal and relevance across industries — from fitness to restaurants and retail. drawing from elements of gaming like completing missions and earning points, gamification makes it fun to engage with a brand whether a consumer is playing a. Almost all banks have loyalty programs in place. however, consulting firm kpmg found the effectiveness of traditional loyalty programs in banks limited. 61% of consumers said it was very important to ‘find better ways to reward loyal customers’. another 57% wanted better online banking and easier application processes. Gamification has long been an area of interest for banks and fintech as a method to improve customer experience and increase engagement.

I Ve Completed The Data Visualization Course On Kaggle Almost all banks have loyalty programs in place. however, consulting firm kpmg found the effectiveness of traditional loyalty programs in banks limited. 61% of consumers said it was very important to ‘find better ways to reward loyal customers’. another 57% wanted better online banking and easier application processes. Gamification has long been an area of interest for banks and fintech as a method to improve customer experience and increase engagement. Gamification in banking: which banks are using gamification as an engagement strategy? discover 12 ways banks are motivating customers. According to a study by gigya, gamification increases engagement by 29%. in banking, this can translate into more frequent interactions with banking apps and higher participation in financial. Explore the impact of gamification in banking. see how banks use challenges and rewards to boost customer loyalty and engagement, enhancing their experience. However, multiple fields are adopting gamification tactics, including consumer banking and other related services. beyond just entertainment, gamified banking experiences can help firms provide best in class digital services, win over new customers, build brand loyalty and gain unique consumer insights amongst other positive aspects.