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What is Interactive Voice Response (IVR): All You Need to Know

JustCall

So, when a customer calls your support team, you need a defined system wherein the response time is faster, the average resolution time is shorter, and the backlog is minimum. IVR, or Interactive Voice Response, is a big piece of the puzzle to achieve these goals. What is IVR or Interactive Voice Response?

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What is IVR in Banking? (6 Key Use Cases)

JustCall

Automation technologies have drastically reduced the work pressure for bank employees. It is now time for customer support agents to also leverage the power of automation through IVR in banking. In this blog, we discuss what does IVR stand for in banking and what are some different use cases of IVR in banking sector.

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Leveraging Advanced Call Center Software- Enhancing FCR in Banks and Financial Institutions

Hodusoft

Leveraging Advanced Call Center Software- Enhancing FCR in Banks and Financial Institutions Witness the evolution of the banking and financial landscape as it progresses into a new era of customer service excellence, driven by cutting-edge technology and real-time statistical insights.

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How Identifying Key Behaviors in the IVR Helps Predict and Reduce Fraud in the Contact Center

pindrop

Fraudulent activity in the IVR has become a tool for more sophisticated fraudsters and scammers to gain sensitive data that puts contact centers and financial institutions at risk. Forward-thinking contact centers need strategic defenses in place to prevent fraudsters from exploiting the IVR. Why Does Fraud Happen in the IVR?

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The Rise of Virtual Banking: PBX Software as the Backbone of Remote Financial Services

Hodusoft

The Rise of Virtual Banking: IP PBX Software as the Backbone of Remote Financial Services Over the past few years, the state of virtual banking has evolved greatly with financial institutions utilizing digital technologies to provide innovative and expedient banking services. That number was 197 million in March 2021.

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New Era of Telephone Payments: SOTpay Shakes Up the Industry as IVR and DTMF Hang Up

CSM Magazine

Businesses are bidding farewell to the traditional Interactive Voice Response (IVR) and Dual-tone Multi-frequency (DTMF) systems, embracing the more secure digital pay-by-link technology for payment processing. SOTpay, crafted with versatility in mind, extends beyond credit card payments and Open Banking transactions.

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Advance from Personalization to Customer Journey Orchestration

Pointillist

Many CX, marketing and operations leaders are asking how they can use customer journey orchestration to deliver better, more personalized experiences that will improve CX and business outcomes, like retention, customer lifetime value and revenue. Journey orchestration goes beyond traditional personalization techniques.