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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.

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How Branches can Help Bridge the Gap Between Traditional and Digital Banking

West Monroe

Today’s consumers are seeking a more personalized and streamlined banking experience than ever before, with generations from baby boomers to Gen Z conducting a balancing act with their finances when it comes to digital and in-person services. consumers are using fintechs today. consumers are using fintechs today.

Banking 52
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How Branches can Help Bridge the Gap Between Traditional and Digital Banking

West Monroe

Today’s consumers are seeking a more personalized and streamlined banking experience than ever before, with generations from baby boomers to Gen Z conducting a balancing act with their finances when it comes to digital and in-person services. consumers are using fintechs today. consumers are using fintechs today.

Banking 52
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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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Loyalty trends 2023: a year of cost-driven innovation

Currency Alliance

When consumer spending is strong, keeping legacy systems is an expensive convenience, since it avoids the big job of replacing technology. During the covid-19 pandemic, we saw brands offer points for purchases across new sales channels, and the ability to stay engaged with the loyalty program – even if purchase volume or frequency dropped.

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How to use AI to Improve Customer Experience?

BirdEye

This is especially true for multi-location businesses catering to local customers. Some of the significant challenges that businesses are looking to solve with Artificial Intelligence (AI) solutions include: Manage high customer expectations: Consumers expect quick and exceptional experiences when interacting with businesses.

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Top 10 Best BPO for SMEs in Customer Service

Magellan Solutions

Sure, you know it’s the happy customers that matter, but doesn’t customer service management look like a time-consuming skydive into a pool with no bottom? This must have the capability to offer each customer service in any channel. Location: Philippines Specialties: Banking, Insurance, Retail Why for SMEs?