03.30.2022 - Record number of European consumers abandon financial applications during onboarding

68% of consumers have abandoned a financial application, up from 63% in 2020 This highlights the “expectation paradox” where, despite improvements in the onboarding process, consumer expectations and abandonment rates are increasing 92% of consumers are concerned about how financial service providers use their data Trondheim, Norway, 30th March 2022: Signicat, the Trusted Digital Identity™ company, today revealed new research that shows 68% of consumers in Europe have abandoned financial applications in the past year.... Source: RealWire - View Press Release