2020 Research

APRIL 8, 2024

Providing channels for open dialogue is crucial for organizations looking to connect with Gen C authentically. Looking to connect with a Gen C audience? Fashion brands can no longer bank on their legacies to dictate trends and expect these individuals to follow. Respectful discourse isn’t just desired; it’s demanded.

Connections 52

Connections Brands Fashion Entertainment 52

Customer Bliss

JULY 4, 2017

Mark Slatin is the Director of Client Experience for Sandy Spring Bank. They won CX Innovation Awards in both 2015 and 2016, so he seemed like a great person to bring on and discuss what he’s doing with his team — and how/why. This helped them win the 2016 CX Innovation award. (I About Mark. Get to know them.

Banking 143

Banking Leadership Net Promoter Score 2015 143

Talkdesk

DECEMBER 23, 2020

innovation and competitiveness. Distribution through financial centers: Banks, credit unions and community lenders will receive the applications, review, process and distribute the new tranche of $267.5 Banks and lenders will need to make the PPP process as clear and straightforward as possible to their agents and clients.

Banking 126

Banking Contact Center Insurance Omnichannel 126

West Monroe

JANUARY 25, 2022

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

Banking 2022 Financial Multi-Channel 52

West Monroe

DECEMBER 6, 2022

An uncertain economy—highlighted by high inflation and increased cost of lending—will force banks to pivot to build momentum and provide high-quality customer experiences in 2023. Banks must find ways to meet their customers where they are, with precisely what they need, at the right time. 2-Minute Takedown.

Banking 52

Banking 2023 Financial ROI 52

CSM Magazine

JULY 13, 2022

When it comes to money, it’s responsible to make informed choices regarding who you do business with, especially in banking. Consumers deserve a bank that offers competitive rates, innovative financial products, and quality services. Unfortunately, the relationship between banks and consumers varies. Mobile Banking.

Banking 59

Banking Customer Service Financial Social Media 59

Ecrion

JUNE 12, 2020

Ecrion, a leading provider of customer communications and customer experience automation solutions for banks and wealth management firms across the globe, is pleased to announce its inclusion in FinXTech Connect’s technology partner directory for banks. bank leaders with technology partners at the forefront of innovation.

Banking 71

Banking Technology Document 2014 71

Customer Bliss

JANUARY 17, 2019

As the banking industry continues to focus more on customer experience and innovation, I think this is a good conversation to have at the beginning of 2019. Connect Employees to the Customer. How do you connect employees to each other? How do you connect employees to the customer?

Connections 190

Connections Chief Customer Officer 2006 Banking 190

Experience Investigators by 360Connext

APRIL 23, 2024

For instance, referred customers at a German bank were found to be 25% more profitable than those acquired through other channels. It’s up to CX leaders to clearly communicate about these connections for their organization. And while more revenue is great, organizations also want to lower expenses.

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

Magellan Solutions

AUGUST 19, 2021

BPO Philippines Reshaping The Retail & Banking Industry. Retail banks , like most companies, face an urgent imperative to reimagine themselves. . Consumers’ banking preferences are rapidly evolving. But many banks have yet to fully transition due to limitations of their digital capabilities. .

Banking 52

Banking Retail 2022 2021 52

Avaya

OCTOBER 25, 2017

Sources like CNBC and The Telegraph predict that the retail bank branch will die within the next decade. In fact, the market is heading towards bank branch innovation unlike anything we’ve ever seen. Traditional vendors must now compete alongside newer digital-only banks like Ally in the U.S., We can’t help but agree.

Banking 58

Banking Innovation Brands Financial 58

Avaya

MAY 16, 2019

Some banks add digital channels. Taiwan’s O-Bank was born all digital. In the two years since it launched, it has won over 260,000 customers—close to 30% of the digital bank accounts opened in Taiwan in this period and Avaya is at the heart of its success. Its answer: become the country’s first native digital bank.

Banking 59

Banking Contact Center 2017 Financial 59

InMoment XI

DECEMBER 1, 2022

This allows businesses to prioritize their focus on high-emotion, high-impact areas and connect with their most valued customers. References appreciate that not everything is “tool driven;” instead, the vendor provides strategic guidance, helping them innovate their approach to surveys or embrace new forms of feedback.

Return on Investment 493

Return on Investment Automotive ROI Reference 493

Beyond Philosophy

SEPTEMBER 11, 2014

Last year’s survey revealed that Amazon claimed the top spot and Bank of America…well, didn’t. That is to say, Amazon has it—and Bank of America doesn’t. The Bottom 10 Companies Technically, Bank of America isn’t listed here by name but they do fall under the label of “Any Bank.” I am not a fan of banks.

Banking 138

Banking Culture 2003 CEM 138

Experience Investigators by 360Connext

JULY 23, 2015

Commercials claim generation after generation has banked at Bank of America , so why wouldn’t we? Thanks to the #occupy movement, many big bank customers are still defecting to smaller banks and credit unions. Once the king of streaming video, Netflix is now struggling to remain a major player in that market. Stay ahead!

Banking 295

Banking Social Media Innovation Consulting 295

Think Customers

APRIL 6, 2020

And in many cases, they are looking to connect with other people to share their experiences, emotions, and find someone who will listen. Contact centers and customer service organizations play a critical role in enabling those human connections. Some help banking or phone customers pause payments due to a furlough or layoff.

Contact Center 52

Contact Center Connections Insurance Telecommunications 52

InMoment XI

NOVEMBER 20, 2023

It involves harnessing advanced technology, specifically artificial intelligence and machine learning, to enhance the way businesses connect with their customers. As technology continues to advance, the integration of AI will likely become even more sophisticated, offering businesses new and innovative ways to exceed customer expectations.

Customer Experience 324

Customer Experience E Commerce E-support Social Media 324

Eptica

NOVEMBER 13, 2015

Date: Friday, November 13, 2015 7 ways banks can transform customer experience. Author: Dharmesh Ghedia Banks and other financial service providers are facing unprecedented challenges. For example, Kabbage can approve a small business loan in 7 minutes while Dutch bank Knab sets up new current accounts in just 5.

Banking 77

Banking Customer Experience Financial 2015 77

Integrity Solutions

AUGUST 23, 2019

Top performing banks are the ones who always seem to go the extra mile to deliver memorable customer experiences. The banks’ customers are engaged, buy more, stay longer, and recommend the bank to their friends. And at these banks, it’s not just the “superstar” performers who behave this way. Part 3 in a blog series.

Banking 43

Banking Engagement Financial Competitive Advantage 43

NetBase

OCTOBER 16, 2019

But are retail banks getting smarter with customer feedback, or allowing it to fester unchecked? In real life (IRL) generally lags behind “online” in lots of ways, and none more noticeably than at banks. Many banks are performing poorly on customer service all around (online and off). And retail banks are at risk of missing out.

Banking 40

Banking Retail Feedback Social Media 40

NetBase

OCTOBER 16, 2019

But are retail banks getting smarter with customer feedback, or allowing it to fester unchecked? In real life (IRL) generally lags behind “online” in lots of ways, and none more noticeably than at banks. Many banks are performing poorly on customer service all around (online and off). And retail banks are at risk of missing out.

Banking 40

Banking Retail Feedback Social Media 40

Comm100

DECEMBER 2, 2021

Customers demanded digital services to meet their needs, and as organizations rose to the demand, these high customer expectations led to innovative new services. One of the greatest challenges for financial services organizations has been juggling the need to push innovation while maintaining support for trusted and secure technologies.

Financial 90

Financial 2022 Customer Experience Omnichannel 90

CSM Magazine

DECEMBER 18, 2018

Explain Market Research, one of the UK’s leading customer insight agencies, has explored how companies turn customers into fans, and banks came out on top. Kim Davis, managing director of Explain, highlights what other companies can learn from the banking industry. Digital Disruption. throughout the customer journey. Ease of Use.

Banking 40

Banking 2010 2017 Customer Journey 40

Avaya

NOVEMBER 8, 2017

So, how will the bank branch be impacted? We have an idea of where bank branch digital transformation is headed…. In 2016, Ernst & Young introduced its Banking Relevance Index (BRI), designed to measure the importance of traditional banks to customers’ lives. But this hasn’t stopped demand for traditional banking.

Banking 40

Banking Multi-Channel Financial 2011 40

Oracle

JANUARY 22, 2021

The days of having to deal with banks or credit card companies in-person are over. If you’re looking for a preview of trends and innovations in the consumer fintech space, and how they’re changing the consumer financial CX, here are five trends worth watching. Innovations change online payments.

Financial 110

Financial Consumers Banking Innovation 110

Forrester's Customer Insights

JULY 16, 2020

COVID-19 is recasting the foundations of the future of banking and reshaping the digital agenda and priorities for many banks. Alyson Clarke and I have been interviewing financial services experts around the globe as part of our upcoming research report on the future of banking. We see four clear themes forming in the research.

Banking 36

Banking Financial Connections Brands 36

Beyond Philosophy

MAY 10, 2016

Who’s doing this well, using innovative techniques and setting standards for others to follow? My example is TD Bank, where viral communication meets real, and valued, experience delivery on a personalized, and deeply emotional, level. In July, TD Bank released a YouTube video ( [link] ) which got 4 million views in just 5 days.

Connections 74

Connections Banking Marketing 2014 74

Currency Alliance

JUNE 11, 2019

A 2018 Collinson study reported that 66% of financial services professionals say their bank “does not understand why customers are loyal or have a strategy to strengthen customer relationships”[i]. People are more likely to leave their spouse than their bank[ii], so it might seem that banks have no case to answer. Extra what?

Banking 40

Banking Loyalty Consumers Loyalty Programs 40

Avaya

JULY 13, 2017

For financial service providers (FSPs), digital transformation has become a means of survival in an age of rapid innovation. Chat bots are at the center of the digital banking revolution. For example, Bank of America is currently testing its highly-anticipated chat bot , Erica. The Potential of Biometrics for Banking.

Banking 60

Banking Financial 2012 2014 60

ShepHyken

OCTOBER 22, 2021

Grey Idol is the marketing director at altLine by the Southern Bank, a trusted provider of invoice factoring and accounts receivable financing. Create an Emotional Connection with Your Customer. He shares six ways companies and their brands can deliver an exceptional customer experience. Empower Your Service Team.

Customer Experience 145

Customer Experience Management Return on Investment Banking 145

Lumoa

DECEMBER 19, 2023

In this article, we’ll explore five innovative and creative ways to leverage AI for sentiment analysis. This alignment check empowers companies to refine their communication strategies, adopt a customer-centric approach, and cultivate a brand image that genuinely connects with its audience.

Social Media 83

Social Media Feedback Banking Automotive 83

CSM Magazine

JUNE 2, 2023

Gateway Services act as a bridge between merchants, acquirers and banks. However, many merchants when setting up their business account with an acquiring bank don’t have time to consider the process behind the scenes. Here are three questions to ask your gateway services provider: How easy is it to connect with multiple acquirers?

E Commerce 52

E Commerce Banking E-support Connections 52

Beyond Philosophy

AUGUST 9, 2016

Innovative, social techniques are core to employee VOC programs. An excellent example of an organization which drives customer and employee advocacy through social engagement is TD Bank. Wendy Arnott, TD Bank’s VP of Social Media and Digital Marketing, has built a social media program from the inside out.

Connections 60

Connections Insights Social Media Banking 60

West Monroe

MARCH 22, 2018

Last fall, I attended Dreamforce with a mission to review the state of CRM in Banking, and thus, immersed myself into all things Financial Services throughout the week. Banks who are leading in the CRM and tech spaces have spent time defining their strategy and gaining buy-in across their organization.

Banking 49

Banking B2C Culture Customer Centricity 49

Beyond Philosophy

SEPTEMBER 11, 2014

Last year’s survey revealed that Amazon claimed the top spot and Bank of America…well, didn’t. That is to say, Amazon has it—and Bank of America doesn’t. Technically, Bank of America isn’t listed here by name but they do fall under the label of “Any Bank.” I would argue that this is true of Bank of America.

Banking 60

Banking Culture 2003 2013 60

Magellan Solutions

JANUARY 24, 2024

Enhancing customer satisfaction and engagement keeps your business connected at all times. Enhancing customer satisfaction and engagement keeps your business connected at all times. Our CEO sheds light on how this service isn’t just about messages; it’s about creating real-time, human connections that matter.

Customer Service 52

Customer Service Customer Satisfaction Connections Interaction 52

Magellan Solutions

MAY 3, 2022

Being in the front-end, call centers create a direct connection between customers (even prospects) and businesses. Bank of America. With operations in over 150 locations , this telecommunications and media company provides wireless network services, internet connectivity, published directory information, and data services.

Call Center 81

Call Center Telecommunications Banking Financial 81