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Top credit union trends: Practical guidance for navigating 2024

West Monroe

While this impacts lower net interest margins, it fuels competition against traditional banks and highlights the differing profit pressures that credit unions face. For credit unions, this presents an opportunity to continue offering high deposit rates and more expansive member benefits, further differentiating themselves from banks.

2024 52
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Turning tech, data, and digital into EBITDA

West Monroe

In the constantly changing business world, where volatility and unpredictability have become the norm rather than the exception, achieving tangible financial results has never been more challenging. However, as a Bloomberg columnist recently pointed out , the business world is currently facing a “big idea drought.

Banking 40
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I am Brand: Q&A with Americus Reed II, Professor of Marketing, The Wharton School

C Space

When a customer is identity loyal, any competitor has to ask your customer to change who they are. When we internalize the essence of a brand as a part of who we are and what we want to project to the world — the brand and the consumer become one in vision and values. Americus Reed II.

Brands 52
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What Geology Can Teach Us About Customer Experience Strategy

PeopleMetrics

In a world beholden to entropy, crafting a smooth, effortless customer experience is easier said than done. Seamless experiences are gaining momentum in customer experience strategy, with some research even suggesting they can accelerate levels of brand commitment. Bringing the Customer Perspective to your Customer Experience Strategy.

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Winning the Battle for Customers: A Dinner Conversation with Bay Area Financial Services Leaders

West Monroe

A dinner conversation among Bay Area execs about winning the battle for customers generates a surprising level of passion and intensity. Their take: Few brands are really winning with customers, and those leaders continue to raise the bar and leave their competitors in the dust. Without trust, there’s no loyalty.

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The Unsexy Side of Fintech

West Monroe

Fintech usually has a sexy connotation associated with it, so last week when I was in New York speaking at Bank Director’s FinXTech conference , I enjoyed the irony of being on a panel to discuss “The Unsexy Side of Fintech.” Three years ago the buzz was all about how Fintech was going eat the lunch of traditional banks.

Banking 40
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Everything You Need to Know about Text Analytics

Lumoa

If you work in a big company with large number of customers (or users), you most probably receive a lot of feedback: people write about their experiences, complain about the things that do not work and tell about the things they love. Some companies use other metrics , such as Customer Effort Score or Customer Satisfaction.

NPS 121