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alex-kreger
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Alex Kreger

Founder & CEO
UXDA
Member since
18 Aug 2016
Location
Riga
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Followed by John Sims, Martha Boyle and 5 others you follow
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Alex's opinions

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Alex Kreger

The UX Playbook for Financial Services: 15 Design Strategies Every Bank or FI Can Use

Financial product owners face unique challenges that require staying ahead of the curve with innovative design strategies. Financial services must not only be efficient and user-friendly but also align with business goals and regulatory requirements. The key to success lies in mastering design concepts that enhance user experience, streamline cont...

27 August 2024 /retail /devops Innovation in Financial Services

Alex Kreger

Stop Overloading Banking Apps and Try Thinking Like Apple

Many financial companies believe that packing their apps with countless features and the latest technology will attract and retain users. However, this approach could result in the opposite effect, driving users away due to overwhelming complexity. The true key to user retention is not more copycat features, but a more simplified, user-friendly ex...

22 August 2024 /retail /devops Innovation in Financial Services

Alex Kreger

How Much Does Best UX in Banking Cost and Why

The design of financial services is a labyrinth of complexity, regulations and high stakes. Despite the allure of high-profile projects and substantial budgets, even the most skilled designers often hesitate to delve into this demanding sector. The primary reason? The consequences of design flaws in financial services can be catastrophic, ranging ...

19 August 2024 /retail /devops Innovation in Financial Services

Alex Kreger

AI in Banking: Are Banks Ready for the User Experience Revolution?

The integration of AI into banking is poised to dramatically transform the industry within the next five years, driven by the breakthrough success of technologies like ChatGPT. This change is necessitated by the limitations inherent in human capabilities. As we gaze into the future, the disruptive potential of AI becomes evident, promising to revo...

09 August 2024 /ai /retail Innovation in Financial Services

Alex Kreger

12 Top Complaints About Digital Banking: Why Bank Customers Are Going Crazy

When banking executives confront the challenges of digital transformation, a familiar frustration emerges: “Why are customers complaining about our digital services?” While some bank employees blame customers, the true issue lies in the complex and unintuitive interfaces these customers face. Common Customer Complaints About Digital Banking Apps D...

05 August 2024 /people /retail Innovation in Financial Services

Alex Kreger

Use CJM to Increase User Engagement in Digital Banking by 20%

The usage of Customer Journey Mapping (CJM) has been a topic of debate. While some dismiss it in digital service design as a mere formality, others see it as an indispensable tool for crafting successful digital products. Moving beyond guesswork, CJM is proving to be a transformative tool, shaping the future of financial tech in profound ways. Aft...

29 July 2024 /retail /devops Banking Strategy, Digital and Transformation

Alex Kreger

The Rise of Super Apps in Banking: Integrating Financial and Lifestyle Services

The concept of super apps has revolutionized the way users interact with digital services, integrating various functionalities into a single, cohesive platform. Initially coined by Mike Lazaridis in 2010, a super app offers a seamless, integrated experience by leveraging the unique capabilities of its platform. This article explores the huge poten...

22 July 2024 /retail /markets Innovation in Financial Services

Alex Kreger

Celebrating 8 Years as a Finextra Blogger: Thank You for This Journey of Insights and Innovations

As I mark my 8th anniversary as a blogger on Finextra, I am filled with immense gratitude and pride. It's been an incredible journey of sharing knowledge, sparking discussions, and exploring the dynamic world of banking and financial technology. I extend my heartfelt gratitude to the Finextra community for your unwavering support, engagement, and i...

17 July 2024 /people /retail Banking Strategy, Digital and Transformation

Alex Kreger

Banking Innovation Trap: How Banks Can Ruin UX by Implementing Emerging Tech

The modern banking executive faces a pervasive challenge: how to innovate effectively in a rapidly evolving digital landscape. They are increasingly drawn to the allure of cutting-edge technologies─from AI and blockchain integration to cloud-based infrastructure and open banking APIs. However, when creating digital financial products and services,...

08 July 2024 /retail /predictions Innovation in Financial Services

Alex Kreger

The AI Wars: Will On-Device Apple AI Outpace Cloud-Based Banking AI?

Integrating AI into banking services will obviously revolutionize the user experience in financial services, offering real-time advice and 24/7 transaction monitoring. However, this shift not only enhances user experience but also addresses critical data privacy concerns. Unlike traditional cloud-based AI, on-device AI, as introduced by Apple, pro...

25 June 2024 /retail /predictions Artificial Intelligence and Financial Services

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Alex writes about

  • artificial intelligence
  • payments
  • regulation & compliance
  • people
  • wealth management
  • retail banking
  • sustainable
  • cloud
  • devops
  • start ups
  • cryptocurrency
  • identity
  • markets
  • covid-19
  • predictions

Alex's opinion archive

  • 2025 (18)
  • 2024 (36)
  • 2023 (23)
  • 2022 (7)
  • 2021 (7)
  • 2020 (5)
  • 2019 (2)
  • 2018 (6)
  • 2017 (3)
  • 2016 (8)

Latest groups joined by Alex

  • Finance 2.0

  • Online Banking

  • Disruption in Retail Banking

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Alex reads

  • UXDA web page
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