Bank Neo Commerce Uses Qualtrics to Personalize and Improve the Digital Banking Experience

Real-time consumer & market insights inform personalized customer, product, and brand experience

JAKARTA, SEPTEMBER 8 2021 – Qualtrics (Nasdaq: XM), the world’s No.1 Experience Management (XM) provider and creator of the XM category, today announced Bank Neo Commerce (Bank Neo), a leading Indonesian banking provider, is using Qualtrics CoreXM to uncover critical market and consumer insights that give the organization a competitive advantage in the country’s digital banking sector.

With the number of digital banks increasing significantly in Indonesia, recent Qualtrics research shows consumers in the country are prioritising better product and customer experiences over fees and investment returns when choosing which providers to engage.

Using Qualtrics, Bank Neo is able to conduct ongoing market and consumer research studies to rapidly understand how preferences are evolving, with real-time access to insights helping identify the products, services, and experiences it can deliver to satisfy needs and capitalise on opportunities. A range of studies are conducted with Qualtrics – including ongoing market research into consumer preferences and behaviors, customer satisfaction, and usability and concept testing – ensuring the entire business benefits from the modern, agile research platform.

Bank Neo is able to continually improve and personalize the experiences it delivers to customers using Qualtrics XM Directory – a single database for all customer and employee experience data. The feedback collected is stored in XM Directory and combined with Bank Neo’s operational data, such as CRM and marketing automation tools, to build rich customer profiles helping the organization engage and serve customers in their preferred ways.

“As part of Bank Neo’s commitment to meet the end-to-end digital banking needs of every Indonesian, we are laser focused on improving our products and services to meet people’s changing needs. By rethinking the traditional market research program with Qualtrics, Bank Neo is able to differentiate itself in the competitive digital banking sector through access to real-time insights that help us take confident and precise action to continually improve our customer, brand, and product experience. Using the findings from the market research, we’d love to know our users better in every aspect and to give them the neo banking experience with Bank Neo to serve them Banking, Above & Beyond,” explained Tjandra Gunawan, President Director of Bank Neo Commerce.

“With customer needs and expectations across all industries evolving rapidly, having full autonomy of market and consumer research programs is now essential. Bringing research capabilities in-house allows organisations to cost-effectively and efficiently scale and manage such programs, while access to real-time insights supports faster and smarter decision making. Bank Neo is one of the first organizations to adopt this innovative approach in Indonesia, and has seen immediate returns on its investment thanks to the valuable capabilities enabled,” said Mao Gen Foo, Head of Southeast Asia, Qualtrics.

About Bank Neo Commerce

Bank Neo Commerce (PT Bank Neo Commerce Tbk), formerly PT Bank Yudha Bhakti Tbk, was founded in 1990 and has been listed on the Indonesia Stock Exchange since 2015. Along with the development of digital technology, in 2019 Bank Yudha Bhakti formed a synergy with Akulaku, a leading Fintech company in the micro and medium segment. In September 2020, the bank transformed to become a Neo Commerce Bank that provides financial services to our customers through digital technology.

Visit Bank Neo Commerce on: https://www.bankneocommerce.co.id/ 

About Qualtrics

Qualtrics, the world’s No. 1 Experience Management (XM) provider and creator of the XM category, is changing the way organizations manage and improve the four core experiences of business—customer, employee, product, and brand. Over 13,500 organizations around the world are using Qualtrics to listen, understand, and take action on experience data (X-data™)—the beliefs, emotions, and intentions that tell you why things are happening, and what to do about it. The Qualtrics XM Platform™ is a system of action that helps businesses attract customers who stay longer and buy more, engage employees who build a positive culture, develop breakthrough products people love, and build a brand people are passionate about. To learn more, please visit qualtrics.com.

Author Information

As a detail-oriented researcher, Sherril is expert at discovering, gathering and compiling industry and market data to create clear, actionable market and competitive intelligence. With deep experience in market analysis and segmentation she is a consummate collaborator with strong communication skills adept at supporting and forming relationships with cross-functional teams in all levels of organizations.

Sherril holds a Master of Business Administration in Marketing from University of Colorado, Boulder and a Bachelor of Arts in Psychology from Rutgers University.

Latest Insights:
Conduent's $447M Refinancing Clears the Path for AI-Led Growth
October 24, 2026
Article
Article

Conduent's $447M Refinancing Clears the Path for AI-Led Growth

Conduent closed a $447 million refinancing deal, extending credit facilities and reducing financial risk while enabling execution of its ASCEND 2026–28 strategic plan to become a premier AI-led business process partner....
Cadence AuraStack
October 23, 2026
Article
Article

Nokia Designs Network Hardware 5x Faster on Cadence's Agentic Supercomputer

Brendan Burke, Research Director at Futurum, shares his insights on Nokia deploying Cadence's AuraStack AI Super Agent on the Millennium M2000, why the on-premises system sale answers Synopsys Autopilot, and what a...
OpenShell agent security
October 23, 2026
Article
Article

SUSE OpenShell Agent Security: Enforcement Is Table Stakes, Proof Is Not

Vikram Rathnam and Mitch Ashley of The Futurum Group share insights on SUSE's OpenShell agent security news and why proof of what an agent did, not enforcement, will separate the enterprise Linux...
Google Cloud Marketplace Can It Become Gemini's Front Door to the Enterprise
October 23, 2026
Article
Article

Google Cloud Marketplace: Can It Become Gemini’s Front Door to the Enterprise?

Alex Smith, Analyst at The Futurum Group, shares insights on how Google Cloud Marketplace is becoming the commercial engine for Gemini, industry agents, and agentic ISV solutions....
Latest Research:
The Storage Squeeze How Smart Organizations Are Funding Their AI Future
October 20, 2026

The Storage Squeeze: How Smart Organizations Are Funding Their AI Future

In our latest Thought Leadership Brief, The Storage Squeeze: How Smart Organizations Are Funding Their AI Future, completed in partnership with CTERA, Futurum Research examines how unmanaged data growth drains...
Closing the Enterprise Context Gap
October 16, 2026

Closing the Enterprise Context Gap

In our latest thought leadership brief, Closing the Enterprise Context Gap, completed in partnership with Teradata, Futurum Research examines why autonomous AI agents stall before reaching production and outlines the...
Delegating Outcomes: How a Universal Agent Changes the Way Enterprises Work
October 15, 2026

Delegating Outcomes: How a Universal Agent Changes the Way Enterprises Work

In our latest thought leadership brief, Delegating Outcomes: How a Universal Agent Changes the Way Enterprises Work, completed in partnership with Google Cloud, Futurum Research examines why first-generation agent programs...

Book a Demo

Welcome

The vision behind everything in Futurum’s Custom Research practice is this: research should show you what is happening, what comes next, and what to do about it. It should be personal to each audience, easy for people to grasp, and structured so LLMs can reason over it accurately. And it should be fast and turnkey; you want answers now, not another project to carry for quarters.

Whether you are defining business, channel, or go-to-market strategy; evaluating vendors or justifying ROI; or commissioning research to fill an emerging market need, we have your back, with a program that answers your questions with the objectivity and credibility to drive real decisions.

To do it, we bring unmatched data to bear: Futurum research, surveys, and market projections; validated market feeds; ETR’s 15 years of insight from 10,000 technology decision-makers; G2’s buyer and user data; and what our analysts hear every day. Add leading primary collection, from AI-moderated voice interviews to surveys and analyst-led interviews, all turnkey, and every project comes out credible, nuanced, and actionable.

And we don’t just drop the results in your lap. For internal work, we provide analyst-led sessions, interactive dashboards, and a range of formats. For market-facing work, Futurum delivers turnkey activation and amplification that actually gets seen, by people and by LLMs, through our media and share of voice. This is research that moves decisions and markets.

We will meet you wherever you are, from a fast-turn brief to a multi-year program, and shape the work to your goals, timeline, and budget. The right program for your moment.

If any of this is useful, I would love to talk.

Benjamin Brown, VP Custom Research, Futurum Research

Benjamin Brown

VP, Custom Research · The Futurum Group

Newsletter Sign-up Form

Get important insights straight to your inbox, receive first looks at eBooks, exclusive event invitations, custom content, and more. We promise not to spam you or sell your name to anyone. You can always unsubscribe at any time.

All fields are required






Thank you, we received your request, a member of our team will be in contact with you.