Remove Banking Remove Consumers Remove Customer Expectations Remove Return on Investment
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Balance efficiency, technology, and strategy to improve consumer lending

West Monroe

While today’s rapidly evolving financial landscape has banks focusing on numerous priorities, consumer lending is experiencing significant shifts that demand immediate attention to manage current expenses and position for future growth.

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Defining the Value of Customer Experience: A Guide for Creating CX ROI in A Constantly Changing World

Experience Investigators by 360Connext

The landscape of consumer expectations is constantly evolving, and understanding the value of customer experience has emerged as a cornerstone for businesses aiming to sustain growth and maintain a competitive advantage. And they will be rewarded for that focus on the customer! It’s time to make your case.

ROI 260
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What You Need to Know About Contact Center AI

InMoment XI

Operational Efficiency and Resource Optimization Contact center AI solutions streamline operational workflows by automating repetitive and time-consuming tasks. AI Use Cases in Contact Center & Examples Contact center AI is actively transforming customer service across various industries.

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Why Does Every Bank Need A Customer Service Call Center?

Magellan Solutions

If there is a partnership that can hugely benefit banks, partnering with a customer service call center is one of the best decisions that can allow them to receive a higher return on investment. Among the millennial consumers, 42 percent contacted their bank. How could banks prevent this?

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How Mid-Sized Banks Can Compete in the Rapidly-Evolving Payments Industry

West Monroe

As anyone who spends money knows, the way we pay for goods and services is shifting rapidly – many consumers are overwhelmed by the variety of options coming from financial institutions, merchants, fintechs, and even smartphone providers. So how do banks – particularly mid-sized, regional banks – compete in this market?

Banking 40
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Business Value and ROI of Customer Experience: The Step-by-step Guide

Lumoa

McKinsey research in the US showed that enhancing the customer experience can bring significant financial benefits : “Across industries, satisfied customers spend more and stay more loyal over time. In industries such as utilities, health care, and banks, the linkage is weaker because of the higher switching costs.

ROI 103
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The State of Automated Customer Service in 2023

Comm100

Competition and expectations go hand-in-hand – as the former rises, so too does the latter. As a result, customer service expectations are now sky-high as consumers demand the very best support – and will even switch brands for better service. Meeting today’s high customer service expectations can be a challenge.

2023 85