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Optimizing Customer Support in the Financial Sector: How BPO Contact Centers Can Add Value

Hodusoft

Optimizing Customer Support in the Financial Sector: How BPO Contact Centers Can Add Value In the present age, financial institutions are grappling with a wide range of challenges. billion by 2030. BPO contact centers are equipped with specialized knowledge in financial products and services. percent from USD 90.57

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Everything You Need to Know About Contact Center as a Service (CCaaS)

Hodusoft

Everything You Need to Know About Contact Center as a Service (CCaaS) The introduction of Contact Center as a Service (CCaaS) heralded the beginning of a new era. billion by 2030. CCaaS is the acronym for Contact Center as a Service. What is CCaaS? The idea of CCaaS started in the early 2000s.

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Using AI to Reduce Bank Operating Costs

Revation Systems

Furthermore, a recent report by Autonomous found that traditional financial institutions can shave 22% in costs by 2030 by using artificial intelligence technology. And, what’s more, a 2019 study by Juniper Research found that the operational cost savings from using chatbots in banking will reach $7.3

Banking 62
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How AI is Enabling Banks to Connect with Customers Better

Revation Systems

From using a mobile app for depositing a check to immediately transferring funds between accounts, it’s no wonder that today’s consumers have come to expect around-the-clock access to routine banking tasks. Over the last five years, the rise of smartphones and mobile devices has ushered in an era of daily digital banking transactions.

Banking 48
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The State of Automated Customer Service in 2023

Comm100

In customer service, automation is commonly seen in the form of chatbots. Chatbots can respond to customer queries, answering the common requests, immediately and 24/7. According to a study on chatbot impact , overall market preference for chatbots as the primary mode of communication for customer service now sits at 45%.

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The Impact of AI in Financial Services

Stratifyd

In fact, analysts estimate that AI will save the banking and financial services industries more than $1 trillion by 2030. Customers leave feedback about their experiences and overall satisfaction across countless channels, including surveys, social media, by calling contact centers, and interacting with chatbots or AI personalities.

Banking 40