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2023 Banking Outlook: Mid-Year Update

West Monroe

In our 2023 Outlook: The Future of the Banking Industry , we anticipated murky waters and a rising need for the use of digital solutions to better evaluate profitability, identify key customer touchpoints, and work to prevent deposit outflows and overconcentration. This urgency has only increased.

Banking 52
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Embrace Multi-Channel Messaging for High-Quality Customer Service

CSM Magazine

With brands facing increasing competition for the attention of consumers, providing the best possible customer service has never been more important. Not only is it vital to keep customers informed, but it is also critical that businesses make it as easy as possible for consumers to reach them. Boosting the customer experience.

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2022 Banking Outlook

West Monroe

It is also assumed that M&A will be a hot topic in 2022 as banks look for new growth opportunities and to increase the speed at which they can invest and scale their technology platforms. Payment and monetary disruption: the rise of crypto in mainstream banking. This outlook will not include an analysis of M&A trends.

Banking 52
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Does your company need an online reputation manager?

BirdEye

Online reputation manager skill set Technical knowledge for an online reputation manager The day-to-day of an online reputation manager Public relations and reputation management working together Why multi-location companies need to manage their online reputation FAQs of an online reputation manager Birdeye: All-in-one online reputation management.

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Referral marketing software for the win: Our top 20 picks

BirdEye

This strategy transforms satisfied customers into brand champions who actively refer new business. Benefits of doing referral marketing A whopping 83% of individuals trust referrals or recommendations from friends and family more than any other marketing channel. For businesses today, referral marketing is revolutionizing growth.

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What Financial Services CX Teaches Us About Anticipating Customer Needs

Oracle

.” Historically, banks and other financial institutions reacted when customers came to them looking for finances during a major life event. Whether they were seeking a mortgage to purchase a house or seeking advice on paying for a child’s education, the consumer started the conversation and funders would respond.

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Insurers Neglecting Customer Service on Digital Channels

CSM Magazine

However, the insurance sector could answer just 46% of all queries asked via the web, email and social media, trailing the other industries (food retailers, fashion retailers, banking and travel) evaluated in the overall study. Accuracy of response improved on every channel except email, which nearly halved since 2017.