Lloyds Banking

Lloyds Banking

What surprised me was that 74% of users rated the app as good or excellent, yet nearly half wanted better spending tools. High satisfaction and unmet needs at the same time are not a contradiction. It is where the real design opportunity sits.

Client

Forage (simulation)

Year

2026

Category

UX Research

Live Project

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THE BRIEF

THE BRIEF

Review the competitive landscape of digital banking and evaluate customer behaviour data. Identify gaps in existing features and recommend improvements grounded in both competitor benchmarking and user research.

Review the competitive landscape of digital banking and evaluate customer behaviour data. Identify gaps in existing features and recommend improvements grounded in both competitor benchmarking and user research.

THE BRIEF

Review the competitive landscape of digital banking and evaluate customer behaviour data. Identify gaps in existing features and recommend improvements grounded in both competitor benchmarking and user research.

RESEARCH METHODS

RESEARCH METHODS

Two streams ran in parallel. A competitive analysis of three direct competitors was evaluated against UX strengths and feature gaps. A customer survey of 50 participants and an observational study of users inside the Lloyds mobile app ran alongside it.

Two streams ran in parallel. A competitive analysis of three direct competitors was evaluated against UX strengths and feature gaps. A customer survey of 50 participants and an observational study of users inside the Lloyds mobile app ran alongside it.

RESEARCH METHODS

Two streams ran in parallel. A competitive analysis of three direct competitors was evaluated against UX strengths and feature gaps. A customer survey of 50 participants and an observational study of users inside the Lloyds mobile app ran alongside it.

WHAT THE RESEARCH FOUND

WHAT THE RESEARCH FOUND

Three competitors all failed the same way: financial insight that made users work too hard to find it. The core design held up. The gaps were specific and actionable.

Three competitors all failed the same way: financial insight that made users work too hard to find it. The core design held up. The gaps were specific and actionable.

WHAT THE RESEARCH FOUND

Three competitors all failed the same way: financial insight that made users work too hard to find it. The core design held up. The gaps were specific and actionable.

RECOMMENDATIONS

RECOMMENDATIONS

Deeper spending breakdowns with predictive alerts. Bill sharing inside the spending flow. Modular insight panels that serve both the quick reader and the one who wants to dig in.

Deeper spending breakdowns with predictive alerts. Bill sharing inside the spending flow. Modular insight panels that serve both the quick reader and the one who wants to dig in.

RECOMMENDATIONS

Deeper spending breakdowns with predictive alerts. Bill sharing inside the spending flow. Modular insight panels that serve both the quick reader and the one who wants to dig in.

THE FULL PICTURE

THE FULL PICTURE

Full competitive analysis, research findings, and recommendation breakdown on Notion.

Full competitive analysis, research findings, and recommendation breakdown on Notion.

Rahul Soni

Rahul Soni

Rahul Soni

Rahul Soni