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Virtual Agents in 2020: Usage Spikes and the Banking Sector

Creative Virtual

By 12 April 2020, those virtual agents had reached nearly 50% of the total traffic they had recorded for all of 2019 despite being only about a quarter of the way through the year. However, the Banking sector has continued to see increased usage throughout May, June and the first week of July compared with the first two months of 2020.

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5 Top Customer Service Articles For the Week of May 18, 2020

ShepHyken

9 Easy Ways to Build Customer Loyalty Without Breaking the Bank by Toby Nwazor. CustomerThink) Consider using these nine ways to create and maintain customer loyalty. This is an interview of three customer success executives discussing the always-important topic of customer retention. Follow on Twitter: @Hyken.

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50+ Customer Engagement Statistics for 2020

ProProfs Blog

In this blog, we aim to collate various customer engagement statistics in one place that will give you an idea about various aspects of engagement with customers. Customer Engagement Statistics 2020 Explained. More than 60 percent of failed customer support calls could have been solved with better access to data.

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The Top Customer Service Conferences to Attend in 2020

Fonolo

Wondering what customer service or contact center conference to attend in 2020? Particularly in an industry like customer support, it’s so important to be around people who are working on the same things and can understand what it’s like to be in our shoes. Chief Customer Officers USA, Atlanta.

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How to Improve Digital Customer Experience in Banking

REVE Chat Blog

In this digital age, the banks and financial institutions need to be digitally transformed to deliver a consistent customer experience in banking whether it is online or retail. Banks functioning digitally have witnessed reduced costs and streamlined processes. What is customer experience (CX) in Banking? .

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Digital Trends and Technologies Transforming CX in Banking and Finance

Tenfold - Contact Center Blog

By 2020, it’s estimated that digital natives will make up half of the world’s population. These digital natives will not just comprise the new workforce, they will also define the new breed of customers for financial services companies. Chatbots are available 24/7, and are capable of matching customer queries quickly to solutions.

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Looking Ahead at AI CX Trends in 2020

Solvvy

But how is AI being utilized in customer experience today, and how will it be utilized moving forward? Nearly all of the companies who have implemented AI in their CX and customer support have reported meaningful benefits such as revenue increase and cost reduction. CX AI – A Great Wave to Ride. Watch Replay.