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Top 5 Customer Service & CX Articles for Week of January 8, 2024

ShepHyken

Deloitte Shares Loyalty Trends and Best Practices for 2024 by Alicia Esposito (Retail TouchPoints) To drive customer retention and loyalty, most brands and retailers continue to rely on purchase discounts (77%) and loyalty program points (61%), according to Retail TouchPoints research. Here are my top five picks from last week.

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Challenges for the Financial Services Industry in 2023 / 2024 (Banking, Retail & Global Outlook )

LiveVox

The post Challenges for the Financial Services Industry in 2023 / 2024 (Banking, Retail & Global Outlook ) appeared first on LiveVox. Finding ways to exceed customer expectations and stay competitive presented as main challenges in the past year.

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The Top Challenges for Fintechs in 2023/2024

LiveVox

in 2024, securing investments of nearly $60 billion. Over the last decade we’ve watched fintech startups grow up before our eyes, evolving from disruptive outsiders to industry mainstays known for their ability to leverage technology to outperform and outpace legacy banking institutions. Fintech funding set a record in the U.S.

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Banking Needs Humans & Machines to Deliver Better Experiences

Uniphore

The challenges of the pandemic thrust banks that were struggling to remain relevant and their customers who were still digital holdouts into the same situation: learn how to shift banking activity from in person to online practically overnight. Today digital banking is the norm rather than the exception and there’s no going back.

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What Are You Thinking? How Executive Perception of the Contact Center Makes or Breaks Success

Balto

Contact centers are no different. Whether executives view their contact center as a profit center or a cost sink ultimately determines how much investment, or divestment, happens there. A few interesting observations stand out: Three out of four respondents currently use AI in their contact centers.

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Empirix Launches Hammer Voice Explorer to Accelerate Cloud Contact Center Transformation

CSM Magazine

Empirix launches Hammer Voice Explorer to complete its end-to-end portfolio and accelerate cloud contact center transformation. According to Gartner, the Contact Center as a Service market is expected to reach $17.9 bn by 2024 – through a CAGR of 29%.

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Empirix Launches New Hammer Partner Program to Capitalize on the Growth of the Contact Center as a Service Market (CCaaS)

CSM Magazine

Empirix , an Infovista company and leader in contact center testing and experience assurance, has announced a major expansion of its partner strategy that aims to transform the business to a 90%+ channel centric vendor within 5 years. billion by 2024 at Compound Annual Growth Rate (CAGR) of 29%.