Remove Abandon rate Remove Banking Remove Data Remove Interactive Voice Response
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How to Reduce High Call Costs with Toll-Free Numbers

JustCall

Here’s how to leverage low-cost toll-free numbers to enhance customer experience without breaking the bank. Transferring the accruing cost of such calls onto the customer will not only lead to increased frustrations, high abandonment rates, and poor customer experience. What Bumps Up Call Costs?

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5 Reasons Why Financial Institutions Must Invest In Contact Center Software

Hodusoft

5 Reasons Why Financial Institutions Must Invest In Contact Center Software Financial businesses, like banks and insurance companies, deal with people’s money. It’s essential for assisting customers in their investment, banking, or any other financial journey related to the services offered.

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Three Ways Call Centers Can Reduce Average Wait Time

JustCall

Higher average wait time (AWT) almost always leads to higher abandonment rates and lower CSAT scores. Usually, because there aren’t enough agents to deal with the volume of calls, the IVR system isn’t optimal, agents are spending too much time on repetitive queries, or there are training and workflow bottlenecks.

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“Free”: The True Costs of Knowledge Based Authentication Questions?

pindrop

According to a Forrester report 1 , a North American bank reported that knowledge-based authentication (KBA) has had a 25% false reject rate, which resulted in an unacceptable level of customer dissatisfaction. Adopting voice biometrics allowed the bank to reduce false rejects to less than 3%. Why is this so?

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Predictive Dialer vs Auto Dialer: What You Need to Know

aircall

An algorithm is simply a mathematical equation that uses data to give instructions to a device. Back in the 1940s, banks used the first auto dialers to make calls for collections. A VoIP-based (cloud-based) auto dialer works with your CRM, giving sales and support reps data to personalize conversations.

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International Contact Centre Operations Tips & Best Practices

Callminer

While the majority of consumers choose to reach out to companies via multiple mediums , many have reported wanting to avoid going through structured IVR systems – so it’s no surprise that communication quality within a contact centre has become more important than ever before. Caller Expectations are on the Rise.

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How Cloud Based Contact Center Solutions Increase Flexibility and Agent Productivity?

NobelBiz

Key information (activity, location, prior purchases, outstanding bank balances, and so on) is displayed at a glance to handle any customer concerns as fast as possible and to further enhance and personalize the customer experience. This provides our clients with full control over their data and integration requirements.