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Stock impact report

Bank customers would share more data for benefits - report [Reuters (UK)]

Accenture plc Class A Ordinary Shares (Ireland) (ACN) 
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am Check Earnings Report
US:NYSE Investor Relations: investor.accenture.com
Company Research Source: Reuters
Bank customers would share more data for benefits: report | Reuters 2 Min Read (Reuters) - Most consumers worldwide would share more personal data with banks and insurers in exchange for cheaper services despite privacy concerns, according to an Accenture Plc study released on Thursday. Six in 10 consumers polled by the management consultancy, one of the world’s largest, said they would share data such as lifestyle habits if they received benefits ranging from gym membership discounts to offers based on their location. Among 47,000 consumers surveyed across 28 countries, 81 percent said they would be willing to share more data with banks for faster loan approvals, while 79 percent would provide personal information to their insurer if it would reduce the odds of injury or loss. While eager to share more, 75 percent of respondents said they were very cautious about privacy. Rising costs were cited as the top reason for leaving a financial institution, followed by data security breaches Show less Read more
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