B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
68%
68% -- application abandonment rate for UK consumers applying for financial products (2022)
68% of consumers abandon a financial application.
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
68%
Unit
Percentage
Data Vintage
2022
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Signicat
Primary
Tier B
https://oneid.uk/news-and-events/oneid-and-equifax-create-new-solution-to-streamline-customer-onboar… ↗
Source Article
OneID® & Equifax create new solution to streamline customer onboarding
New award-winning solution leverages Equifax and Open Banking to reduce onboarding times and increase application conversion rates.
Equifax UK has partnered with digital identity provider OneID® to create an award-winning solution which helps overcome the persistent challenge of customer identity ve…
Original Research
Signicat
· Original study ↗
Methodology
Signicat Battle to Onboard 2022 study, cited by OneID/Equifax
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
UK consumers applying for financial products: 68% application abandonment rate. Source: Signicat (2022). Via Lighthouse Intelligence -- https://lighthousedata.io/data/financial-application-abandonment-2022
HTML Embed
<blockquote cite="https://lighthousedata.io/data/financial-application-abandonment-2022" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>68%</strong> -- application abandonment rate for UK consumers applying for financial products<br><small>Source: Signicat (2022) · <a href="https://lighthousedata.io/data/financial-application-abandonment-2022" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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