5 Banking Customer Experience Predictions for 2020

CSM Magazine

John Ing, Principal Operations Lead for CX at ECS shares his CX Predictions for the banking industry in 2020. The death of voice as a contact channel for banking customers has been over-hyped. A single customer view has been the banking industry’s goal for 30 years.

This Call Center Reduced Abandon Rates by 62%


It is one of the largest financial institutions in the state of Texas with over $840 million in assets, and provides personalized banking to more than 84,000 members across six local branches. Velocity was struggling with long hold times and a high number of abandoned calls. They thought they had to replace their legacy call center system to correct this problem – which would be costly and time consuming. How a Call-Back Solution Can Help.

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Catch Fonolo at the National Credit Union Call Center Conference


Credit unions must be competitive in order to stand out from those big mean banks; they must establish a truly unique offering to attract new membership. This is why the National Credit Union Call Center Conference is so important. Our next webinar, on Thursday, October 5 th 2017, will be co-hosted with the National CU Call Center Conference, and will discuss how Velocity Credit Union improved the member experience, reduced abandon rates, and increased agent morale with call-backs.

Call Center Metrics: Examples, Tips & Best Practices


An efficient call center operation hinges on the ability of management to identify flaws in their systems and practices as well as execute improvement plans to fix these quickly. However, the exact tools and approach you employ at your call center for this purpose should align with your center’s mission and personnel. Types of Call Centers. Not all call centers are created equally. Generally, there are two main types of call centers: Inbound Call Centers.

How to Build Effective Call Center Routing Strategies: Use Logic & Actions for Omnichannel Routing to Reduce Effort in Your Customer Experience


When I call my doctor’s office, I’m immediately greeted by a self-service menu with a host of options. They even give me the option to press zero and immediately connect with a live agent, regardless of the reason for my call. I much prefer to email vs. call.

What’s new in Freshcaller: Multilingual support, Custom ringtone, Notes transfer and more


The first half of 2018 has been super busy and exciting for us — businesses across verticals began trusting us to power their entire business phone systems and call centers. Do you operate a global call center? High abandon rates in a call center is a supervisor’s nightmare.