CFOtech UK - Technology news for CFOs & financial decision-makers

Consumer Trust stories - Page 5

Person using smartphone shopping bags packages digital assistant ai

UK retail traffic from GenAI assistants surges 1200%

Thu, 24th Jul 2025
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data analytics
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martech
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genai
UK retail websites have seen a 1200% rise in traffic from generative AI assistants, as shoppers increasingly trust GenAI for product research and buying decisions.
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Mobile app breaches cost firms USD $7 million despite confidence

Wed, 16th Jul 2025
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devops
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application security
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advanced persistent threat protection
Despite 93% confidence in defences, 62% of firms faced mobile app breaches costing an average of USD $6.9 million in 2025, says Guardsquare study.
Worried british consumer checking banking app on smartphone payment security uk

UK consumers show low trust in real-time payments security

Mon, 30th Jun 2025
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fintech
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emea
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fico
UK consumers show low trust in real-time payments security, with only 35% viewing it as safer than credit cards amid rising scam losses of GBP £450 million.
Realistic robotic hand holding credit card above digital shield for secure ai payments

AI Agents - The struggle to balance automation, oversight, & security

Tue, 17th Jun 2025
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devops
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fintech
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martech
Visa's plan to use AI agents for automatic payments sparks debate over security risks and whether consumers will trust machines handling their money.
Smiling ai robot assisting happy customer service desk friendly interaction

AI boosts customer service happiness as global wellbeing falls

Thu, 12th Jun 2025
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uc
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digital transformation
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cx
Global happiness falls to 58% in 2025, yet customer service satisfaction rises, boosted by growing trust in AI-powered support worldwide.
Realistic uk grocery store aisle with subtle digital ai elements consumer engagement

AI personalisation in FMCG must be invisible to earn trust

Wed, 4th Jun 2025
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cx
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martech
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it automation
New research shows UK consumers prefer AI personalisation in FMCG to be subtle, with only 8% wanting more obvious AI interactions with brands.
Consumer interacting with personalized digital content on smartphone with ai data privacy icons

AI boosts personalisation but consumer trust remains elusive

Wed, 4th Jun 2025
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cx
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martech
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personalisation
AI personalisation boosts customer spend by 75%, yet only 15% of consumers fully trust brands with their personal data, says Twilio report.
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Younger UK consumers more comfortable with AI in messages

Thu, 22nd May 2025
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cx
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martech
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personalisation
Research by Quadient reveals younger Brits are twice as comfortable as older generations with AI-generated communications, amid calls for greater transparency.
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UK consumers sceptical of AI's emotional skills in service roles

Mon, 19th May 2025
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cx
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martech
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ai
UK consumers remain sceptical about AI's ability to provide emotionally intelligent customer service, with only 55% believing it can recognise emotions.
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AI-focused marketing risks eroding trust, says new research

Wed, 7th May 2025
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cx
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martech
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genai
New study finds consumers trust companies more when they promote human expertise over AI, especially in personalised services like healthcare and luxury goods.
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Half of consumers trust brands more when using passkeys

Wed, 30th Apr 2025
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gaming
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surveillance
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biometrics
Nearly half of consumers would trust brands more using passkeys instead of passwords, with 56% of 25-34-year-olds supporting the shift, says Thales study.
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Marketers embrace privacy, with 50% of users opting into tracking

Mon, 28th Apr 2025
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martech
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data privacy
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ios
Global user opt-in for app tracking reaches 50%, with iOS ad spend up 26% as marketers embrace privacy-focused strategies post-Apple's ATT rollout.
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Inriver unveils new vision to guide brands in digital commerce

Tue, 22nd Apr 2025
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cx
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martech
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commerce systems
Inriver unveils 'Control the Product Data Current' vision, enhancing product data accuracy and AI tools to meet evolving buying habits and market demands.
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UK retailers face substantial losses from missing parcels

Fri, 18th Apr 2025
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cx
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martech
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supply chain
UK retailers have suffered losses of around GBP £464 million in missing parcels during the peak shopping season, with potentially millions more unaccounted for.
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Consumers willing to pay more for sustainable products

Wed, 26th Mar 2025
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supply chain
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clean technologies
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sustainability
A new survey reveals consumers in Australia and New Zealand are keen to pay more for sustainable household products, despite doubts over corporate claims.
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Thales survey reveals declining trust in digital services

Mon, 24th Mar 2025
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data protection
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digital transformation
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biometrics
Thales' 2025 Digital Trust Index reveals plummeting consumer trust in digital services, with 82% abandoning brands due to data privacy fears.
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Survey: Security outweighs cost in travel payment choices

Wed, 12th Mar 2025
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payment technologies
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amadeus
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fraud prevention
A recent Outpayce study reveals that over 70% of travellers prioritise payment security over discounts, highlighting growing concerns over cyber fraud in travel.
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Insurance executives see opportunity in $1.8 trillion gap

Wed, 26th Feb 2025
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ai
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cybersecurity
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clean technologies
A recent survey reveals that 79% of insurance executives feel a moral duty to address the USD $1.8 trillion global protection gap, viewing it as a key business opportunity.
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Long wait times & vague answers frustrate UK customers

Wed, 19th Feb 2025
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cx
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martech
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ai
Research by Cirrus reveals long wait times and vague responses in UK customer service provoke discontent, with older customers demanding faster resolutions.
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UK consumers prefer traditional mail in digital age study

Thu, 6th Feb 2025
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data usage
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banking
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quadient
A recent study by Quadient reveals that 79% of UK consumers sent physical mail last year, highlighting a persistent preference for traditional communication methods.