Voice Search and AI Assistants: Changing The Way Consumers Discover Financial Products

This study investigates how voice search and AI assistants such as Alexa, Siri, and Google Assistant are transforming the way consumers ‎discover financial products like credit cards, loans, and investment services. With the growing use of conversational AI, this research ‎explores its influence on financial awareness, trust, and decision-making. A poll of 986 financial product users was held among India's ‎diverse population. The results show that 68.3% used voice assistants to search for financial services, and 44.5% have used them in the last ‎three months. Of the regular users, 62.1% learned about new financial products through voice search. A chi-square test showed that usage ‎frequency was significantly associated with product awareness (χ²=21.76, p < 0.01). Regression analysis revealed trust in AI ‎recommendations to strongly predict satisfaction (β=0.51, p < 0.001). The research identifies that voice search is convenient and quick, but ‎does implicate privacy and reliability. It determines that financial marketers need to optimize voice platform content and provide safe, ‎transparent, and personalized interactions to maximize consumer engagement and trust‎.

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Publication Details

Journal
International Journal of Accounting and Economics Studies
Published
2025-11-03
DOI
https://doi.org/10.14419/jzatrq05
Primary Topic
AI in Service Interactions
Type
article
Field-Weighted Citation Impact
0.00
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article

Voice Search and AI Assistants: Changing The Way Consumers Discover Financial Products

Santosh K. Chaturvedi, K.T. Vijaykarthigeyan
International Journal of Accounting and Economics Studies
AI in Service Interactions
article

Voice Search and AI Assistants: Changing The Way Consumers Discover Financial Products

Santosh K. Chaturvedi, K.T. Vijaykarthigeyan
article en

Abstract

This study investigates how voice search and AI assistants such as Alexa, Siri, and Google Assistant are transforming the way consumers ‎discover financial products like credit cards, loans, and investment services. With the growing use of conversational AI, this research ‎explores its influence on financial awareness, trust, and decision-making. A poll of 986 financial product users was held among India's ‎diverse population. The results show that 68.3% used voice assistants to search for financial services, and 44.5% have used them in the last ‎three months. Of the regular users, 62.1% learned about new financial products through voice search. A chi-square test showed that usage ‎frequency was significantly associated with product awareness (χ²=21.76, p < 0.01). Regression analysis revealed trust in AI ‎recommendations to strongly predict satisfaction (β=0.51, p < 0.001). The research identifies that voice search is convenient and quick, but ‎does implicate privacy and reliability. It determines that financial marketers need to optimize voice platform content and provide safe, ‎transparent, and personalized interactions to maximize consumer engagement and trust‎.

International Journal of Accounting and Economics StudiesVol. 12(SI-1)
SRM Institute of Science and Technology (IN)
Openalex Percentile: Top 83%
AI in Service Interactions
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Voice Search and AI Assistants: Changing The Way Consumers Discover Financial Products — Santosh K. Chaturvedi, K.T. Vijaykarthigeyan · International Journal of Accounting and Economics Studies (2025) | TGRS Research Map | TGRS