Banking on Feedback: Text Analysis of Mobile Banking iOS and Google App Reviews

Fuente: arXiv
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Main Authors: Amirkhalili, Yekta, Wong, Ho Yi
Format: Preprint
Published: 2025
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author Amirkhalili, Yekta
Wong, Ho Yi
author_facet Amirkhalili, Yekta
Wong, Ho Yi
contents The rapid growth of mobile banking (m-banking), especially after the COVID-19 pandemic, has reshaped the financial sector. This study analyzes consumer reviews of m-banking apps from five major Canadian banks, collected from Google Play and iOS App stores. Sentiment analysis and topic modeling classify reviews as positive, neutral, or negative, highlighting user preferences and areas for improvement. Data pre-processing was performed with NLTK, a Python language processing tool, and topic modeling used Latent Dirichlet Allocation (LDA). Sentiment analysis compared methods, with Long Short-Term Memory (LSTM) achieving 82\% accuracy for iOS reviews and Multinomial Naive Bayes 77\% for Google Play. Positive reviews praised usability, reliability, and features, while negative reviews identified login issues, glitches, and dissatisfaction with updates.This is the first study to analyze both iOS and Google Play m-banking app reviews, offering insights into app strengths and weaknesses. Findings underscore the importance of user-friendly designs, stable updates, and better customer service. Advanced text analytics provide actionable recommendations for improving user satisfaction and experience.
format Preprint
id arxiv_https___arxiv_org_abs_2503_11861
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Banking on Feedback: Text Analysis of Mobile Banking iOS and Google App Reviews
Amirkhalili, Yekta
Wong, Ho Yi
Machine Learning
Human-Computer Interaction
Information Theory
The rapid growth of mobile banking (m-banking), especially after the COVID-19 pandemic, has reshaped the financial sector. This study analyzes consumer reviews of m-banking apps from five major Canadian banks, collected from Google Play and iOS App stores. Sentiment analysis and topic modeling classify reviews as positive, neutral, or negative, highlighting user preferences and areas for improvement. Data pre-processing was performed with NLTK, a Python language processing tool, and topic modeling used Latent Dirichlet Allocation (LDA). Sentiment analysis compared methods, with Long Short-Term Memory (LSTM) achieving 82\% accuracy for iOS reviews and Multinomial Naive Bayes 77\% for Google Play. Positive reviews praised usability, reliability, and features, while negative reviews identified login issues, glitches, and dissatisfaction with updates.This is the first study to analyze both iOS and Google Play m-banking app reviews, offering insights into app strengths and weaknesses. Findings underscore the importance of user-friendly designs, stable updates, and better customer service. Advanced text analytics provide actionable recommendations for improving user satisfaction and experience.
title Banking on Feedback: Text Analysis of Mobile Banking iOS and Google App Reviews
topic Machine Learning
Human-Computer Interaction
Information Theory
url https://arxiv.org/abs/2503.11861