Customer experience management in financial services: a systematic literature review

This article explores recent development in research-based knowledge of customer experience management in financial services. The objectives of the research are to identify the current state-of-the-art in this field and to reveal gaps in existing knowledge. The results indicate that earlier research on customer experience in financial services focused on managerial literature about customer centricity in companies. Recently, research interests have also centred around customer experience measurement. Another finding was that studies about utilising customer journeys in financial services context are still limited, and research on technology development's effect on customer experience in financial services requires further exploration. Altogether, this study suggested seven future research directions. Despite the consensus that customer experience is industry-specific, a review of research focusing on customer experience specifically in financial services context has been lacking. Hence, this review makes a unique contribution by identifying the main themes in existing research and proposing further research areas.

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Publication Details

Journal
International Journal of Business Innovation and Research
Published
2025-01-01
DOI
https://doi.org/10.1504/ijbir.2025.148869
Primary Topic
Customer Service Quality and Loyalty
Type
article
Field-Weighted Citation Impact
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article

Customer experience management in financial services: a systematic literature review

Janne Huiskonen, Elina Ojala Ketolainen, Ville Ojanen
International Journal of Business Innovation and Research
Customer Service Quality and Loyalty
article

Customer experience management in financial services: a systematic literature review

Janne Huiskonen, Elina Ojala Ketolainen, Ville Ojanen
article en

Abstract

This article explores recent development in research-based knowledge of customer experience management in financial services. The objectives of the research are to identify the current state-of-the-art in this field and to reveal gaps in existing knowledge. The results indicate that earlier research on customer experience in financial services focused on managerial literature about customer centricity in companies. Recently, research interests have also centred around customer experience measurement. Another finding was that studies about utilising customer journeys in financial services context are still limited, and research on technology development's effect on customer experience in financial services requires further exploration. Altogether, this study suggested seven future research directions. Despite the consensus that customer experience is industry-specific, a review of research focusing on customer experience specifically in financial services context has been lacking. Hence, this review makes a unique contribution by identifying the main themes in existing research and proposing further research areas.

International Journal of Business Innovation and ResearchVol. 38(2)
Lappeenranta-Lahti University of Technology (FI)
Openalex Percentile: Top 69%
Customer Service Quality and Loyalty
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Customer experience management in financial services: a systematic literature review — Janne Huiskonen, Elina Ojala Ketolainen, et al. · International Journal of Business Innovation and Research (2025) | TGRS Research Map | TGRS