I loathe my Bank of America user experience and I'll recount a recent, laughable yet typical encounter with them to illustrate why. You probably don't need my anecdote, though. Were you already identifying with me just reading "I loathe my Bank...", not even needing specifics of which one or why? I wouldn't be surprised if there are millions who feel the same way, either about Bank of America or some other bank. Was it always this way? Did so many of us hate the service from our banks in the days before ATMs, online banking, and mobile banking? While technology has made access to financial facts and transactions more convenient, it has both created and neglected the most important aspect of my new, 24/7, pervasive banking experience: an insistent need to know the
why behind those facts and transactions.
Usability vs User Experience
I know the financial industry didn't sleep through the UX movement. I'm guessing most of their UX efforts are focused on designing the usability of their banking sites and apps. In addition, it seems all the "personal service" touted by the larger banks really just refers to the extent to which you can personalize their banking apps. But, all the UX "rockstars" in the world won't deliver a top-notch user experience if they, and the majority of the UX budget, are all focused on external product development with nothing left over for internal systems and processes. You might get a hot product, but I doubt I need to remind anyone of how fleeting and undependable product hotness can be.
All We Know are the Facts, Ma'am
My problem with online and mobile banking and all their instant notification capabilities is that they can't tell me
why something happened - only that it did, indeed, just happen.
My problem with banking personnel, particularly at Bank of America, is that
they usually can't tell me why something has happened, either. At least not accurately. Nor quickly. And by quickly, I mean "2011" quickly. I mean "my-phone-alerts-me-of-a-transaction-before-I've-even-left-the-ATM" quickly.
Ridiculous Hold Times, Musical Departments, and General Cluelessness
These conditions still reigned when I called Bank of America a couple of weeks ago to find out why my overdraft protection had not kicked in on a particular business checking transaction. I was transferred from checking to credit cards and back to checking - each team insisting the other was the one I needed. After 25 minutes, I finally hung up. The next day, I tried again. This time, I didn't even want an answer to why. I just wanted to resolve it - to transfer money from my B of A credit card to cover the overdraft and then re-activate the overdraft protection which seemed to have been quietly de-activated at some point. Apparently those were challenging requests for B of A, not at all everyday and common requests - this "transferring of funds" and "activating overdraft protection" - as I might have stupidly thought prior to calling. After another 25 minutes on the phone and being transferred between departments I finally spoke with a woman who contradicted all the information I'd been given thus far plus told me it would take several days plus the mailing of a paper form to get things straightened out. O_o .... wow, could you please transfer me to one of your speedy apps? Better yet, I'm done with you.
When Your Own Technology Mocks You
My point in relaying this is not to bash B of A but to point out a major flaw in my user experience with them that I feel is partly caused by the technology they put out there to "improve my user experience." It seems internally their customer service capabilities can't keep up with the speed and gratification standards set by their external-facing systems thereby making their reps look inept and their processes look outdated and inadequate. If you text me about a problem at 9:00 pm, then I want to talk to you about it at 9:01 pm and have it resolved by 9:06 pm. Your apps have "trained" me to wanna roll that way! In addition, online banking systems have made us privy to all sorts of nuances on our financial accounts that we didn't have access to before. Informative yes, but have you noticed it stops just short of being transparent? That prompts questions and instigates a quest for clarity, context and, sometimes, troubleshooting. (Could this be what led ordinary people to discover their banks were processing items in the order
that profited the banks most, not the order they came in?) And that's where it all falls down.
Closing the Loop on the Banking User Experience
Make
acting on the information as easy as
getting the information. Get a UX team to work on that in parallel with website and product usability so that the user's experience is consistent, rather than frustrating. Realize that as you push more info at us, we can become more curious about what we see. And the more your capacity to present information surpasses your capacity to clarify that information, the more leery and intolerant I become.
And About those Phone Systems...
- B of A: you already asked me to key in my account number at the beginning of the call so I expect you to actually use that information to route me to the correct team rather than have an agent tell me 10 minutes into the call that he can't help me because I'm calling about a business checking account in California and that's a whole different team. Gah!
- Arrowhead Credit Union in Redlands: I wanted to give you a shot at my business but when 4-1-1 transferred me to your phone number, I was immediately subjected to 4+ minutes of music and "we appreciate your business" before I finally hung up. Anyone who has spent precious lunch breaks in B of A's holding queue is far too trodden upon to tolerate that.
- Chase Bank in Redlands: thank you for having a real person answer the phone after the 2nd ring (on a 4-1-1 transfer, as well) and for offering me a personal banker who won't shuffle me around endlessly. You're on the right track, I think.
And, lastly...Affordances 101!
Make getting out of your bank as easy as getting in.
Note to Chase Bank in Redlands: I have watched people struggle with exiting your bank. Certain kinds of door handles afford pulling, no matter what you print next to them. (Especially if on the way
in the bank, they worked by pulling!)