pindrop

OCTOBER 12, 2021

For the contact center, the implications should be an encouraging sign for a financially healthy 2021. Here’s what was uncovered: Analyzing the Surge in Bank Activity. Quick and easy online or mobile banking experiences have almost become table stakes to delivering on customer service expectations.

Banking 52

Banking Contact Center Surveys Call Center 52

CX Global Media

JULY 17, 2018

The contact center agent job is getting harder, talent is harder to attract, unemployment is down and the labor market is tight…all of this is causing a disruption in contact center pay. And for many, these are the majority of workers in contact centers. But not in the way you might be thinking.

Contact Center 189

Contact Center Coaching Banking Call Center 189

Interactions

SEPTEMBER 2, 2021

Bank technology is shifting. Once only powered by human agents, the first automated technology that was introduced in the contact center acted mainly as a way to redirect calls to the right department. Specifically in banking, there are multiple challenges to customer service. That all comes down to conversation design.

Banking 62

Banking Virtual Agent Self service Wait times 62

Monet Software

NOVEMBER 30, 2018

Depending on your age, you may remember a time when banks competed more aggressively against each other for business. There were many more state and local bank branches back then, each offering different checking and savings account products to entice customers. Still have questions? Find out more about Monet WFO.

Banking 48

Banking Contact Center Coaching Accountability 48

Callminer

AUGUST 1, 2017

To gain some insights into the strategies and tactics call centers can use to boost efficiency and arm you with effective strategies you can put to use, we reached out to a panel of call center experts , managers and leaders and asked them to answer this question: “What is the most effective way for a contact center to increase efficiency?”.

Contact Center 334

Contact Center Call Center Average Handle Time Real estate 334

CSM Magazine

JUNE 12, 2023

In today’s digital age, contact centers play a critical role in customer support, sales, and overall communication between businesses and their clientele. Unfortunately, these centers have also become a target for fraudsters looking to exploit the vulnerabilities inherent in these systems.

Contact Center 52

Contact Center Engineering Education Banking 52

pindrop

AUGUST 3, 2020

Fraudulent activity in the IVR has become a tool for more sophisticated fraudsters and scammers to gain sensitive data that puts contact centers and financial institutions at risk. Forward-thinking contact centers need strategic defenses in place to prevent fraudsters from exploiting the IVR.

Interactive Voice Response 117

Interactive Voice Response Contact Center Banking Call flow 117

Customer Relationship Metrics

JULY 26, 2017

It’s just the nature of the contact center industry. Or is it time to put humanity into your contact center? It’s time to put humanity into your contact center.” Managing a contact center is fast paced and furious. Doing things the popular way in the contact centers no longer works.”

Contact Center 211

Contact Center Calibration Construction Customer centricity 211

Ansafone

NOVEMBER 25, 2020

Problem A financial services company that offered debit-card based banking solutions to clients looking for an easier way to send money to friends and family living in Mexico needed support handling their incoming calls for service.

Accountability 62

Accountability Call Center Banking Contact Center 62

AWS Machine Learning

FEBRUARY 6, 2023

Contact centers are using artificial intelligence (AI) and natural language processing (NLP) technologies to build a personalized customer experience and deliver effective self-service support through conversational bots. Dustin Hubbard, Chief Technology Officer at WaFd Bank.

Cloud contact 69

Cloud contact Self service Contact Center Virtual Agent 69

Hodusoft

OCTOBER 19, 2022

5 Reasons Why Financial Institutions Must Invest In Contact Center Software Financial businesses, like banks and insurance companies, deal with people’s money. Today, finance contact center software is one of the best ways for financial institutions to keep tabs on their customers and earn their trust.

Contact center software 52

Contact center software Contact Center Finance Abandon rate 52

Balto

NOVEMBER 18, 2022

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.

Contact Center 98

Contact Center Self service Metrics Surveys 98

NobelBiz

APRIL 3, 2023

Generally speaking, in the contact center space, people tend to look at the one-to-one interaction with an agent as the primary means of obtaining information about products and services. A functioning self-service system generally empowers clients with the tools and resources necessary for their inquiries. You guessed it; it’s money.

Self service 52

Self service Contact Center Interactive Voice Response Banking 52

Ameyo

JULY 19, 2018

We recently had an interesting discussion with a Customer Service Head of one of the leading banks in Africa, about how banking experience can be improved by empowering customer service agents with the right access to the backend applications for resolving customer queries efficiently.

Banking 45

Banking Contact Center Customer Service Accountability 45

CX Global Media

JUNE 27, 2017

This has left your contact center vulnerable. To fraudsters, they see your contact center as a huge fraud opportunity. Why your contact center is a massive fraud risk” Click to Tweet. Educating Contact Centers. Fraud is an area that is affecting more segments of the contact center industry.

Contact Center 159

Contact Center Call Center Interactive Voice Response Banking 159

Calabrio

NOVEMBER 25, 2020

In fact, the pace of change is only accelerating affecting nearly every facet of our lives, from how we bank, shop and socialize to how we respond to a pandemic. These changes in consumer behavior and expectations, combined with new technologies, are starting to completely transform the contact center.

Contact Center 122

Contact Center Self service Analytics Banking 122

PeopleMetrics

JANUARY 15, 2020

2020 is here, and this year, many of our banking clients have made measuring and improving customer experience a strategic priority. No matter where you fall on that spectrum, here are 3 things to consider as you're thinking about your bank’s 2020 CX program: 1. Contact PeopleMetrics: About the Author. Conclusion.

Banking 54

Banking industry standards Surveys Benchmark 54

Fonolo

DECEMBER 9, 2021

Sure, if you’re hiring correctly, your contact center will be filled to the brim with the right personalities and work ethics for success—but being surrounded by the best call center agents means effective training, constant support, and strategic goal setting. Performance Evaluation Scorecard for the Contact Center. (It

Contact Center 81

Contact Center Schedule adherence Abandon rate Average Handle Time 81

Revation Systems

MARCH 4, 2020

As the reliance on mobile devices only grows stronger, artificial intelligence (AI) solutions are beginning to impact consumer preferences for communication with their banks. Today, the opportunity for banks to evolve their business by using artificial intelligence while simultaneously increasing customer satisfaction is enormous.

Banking 62

Banking Chatbots Technology Self service 62

TRUSTID

JUNE 13, 2019

The key to spoofing contact centers is to trick authentication systems or agents into believing that you are someone you are not. There are many telephone spoofing tools available that support these efforts, but call centers are getting better at identifying which calls are legitimate and which ones are spoofed.

Accountability 80

Accountability Engineering Call Center Banking 80

Avaya

MAY 16, 2019

Some banks add digital channels. Taiwan’s O-Bank was born all digital. It has no branches and instead provides customers with smart, convenient and customized service via a smartphone app and a 24×7 video contact center. O-Bank is a latecomer to Taiwan’s retail banking sector—and it’s using that to its advantage.

Banking 59

Banking contact center solutions Contact Center Accountability 59

pindrop

NOVEMBER 12, 2020

60% of fraud begins in or touches it and while you are aware of the media reported mega-breaches that have plagued companies and consumers both, have you considered your contact center’s place in the journey from data capture to fraudulent transaction and account takeover? What is Contact Center Fraud?

Best practices 57

Best practices Contact Center Interactive Voice Response Engineering 57

pindrop

JUNE 23, 2020

Fraudulent activity in the IVR has become a tool for more sophisticated fraudsters and scammers to gain sensitive data that puts contact centers and financial institutions at risk. . Fraudsters exploit IVRs to surveil accounts and to operationalize their fraud and planning tactics. .

Interactive Voice Response 117

Interactive Voice Response Contact Center Call flow Accountability 117

pindrop

APRIL 30, 2020

A short history of how the pandemic has unfolded – how contact centers have faired and how fraudsters have taken advantage. As a critical customer interface, contact centers have felt the effects directly, regardless of geography and industry. INSIGHT 1: THE EARLY SYMPTOM – BROKERAGES AND CALL VOLUME.

Contact Center 75

Contact Center Banking Government At home agents 75

Revation Systems

JUNE 30, 2020

LinkLive is unified communications software hosted in the cloud designed for healthcare and banking organizations that offers a broad range of capabilities including rich digital messaging, a seamless ability to engage humans across physical and digital channels, and leading voice and video communications. LinkLive 9.1

Healthcare 62

Healthcare Banking Call flow Contact Center 62

pindrop

MAY 7, 2020

Access to personal information leads to validating the data with targeted institution’s own customer services tools, mainly through contact center agents directly, or through the automated interactive voice response systems. . The New Fraud Scripts. In “normal” times, a fraudster’s script may have read something like this: .

Scripts 79

Scripts Contact Center Interactive Voice Response Banking 79

Beyond Philosophy

OCTOBER 20, 2022

One of their clients was a big US bank. They discovered through AI analysis of hundreds of thousands of call center interactions that agent behavior leads to positive customer interactions. It used the customer’s characteristics and history to match them to the different agent types in the contact center.

Banking 195

Banking Contact Center Coaching Self service 195

TRUSTID

DECEMBER 28, 2017

Throughout 2017, we’ve discussed many of the top challenges facing contact centers and the authentication industry. As a result, a total of 145 million customer accounts were compromised. Updated reports found that the number of fake accounts jumped from 2.1 million to 3.5 Is two-factor authentication enough?

Contact Center 50

Contact Center Banking Wireless Call Center 50

TRUSTID

DECEMBER 21, 2017

Not all account takeovers are the same. . Some criminals go in and immediately begin purchasing products directly from the account. Unfortunately, victims typically don’t find out that their account has been compromised until they discover the charges on their monthly bank statements.

Accountability 48

Accountability Banking Engineering Contact Center 48

TRUSTID

JANUARY 25, 2018

Bank call centers are also targeted by fraudsters posing as customers calling in to change their account passwords or make financial transactions. Over the past decade, most contact centers have focused on implementing security tools to mitigate online fraud. But phone scams don’t stop there.

Banking 49

Banking Contact Center Call Center Engineering 49

TRUSTID

MARCH 10, 2019

Contact centers are constantly working on protecting their telephone environments from external threats targeting their customers’ personal and financial details. Some of the findings include: 72% of call center agents require customers to read sensitive credit card information and Social Security numbers (SSNs) aloud over the phone.

Contact Center 48

Contact Center Banking Call Center Accountability 48

COPC

APRIL 1, 2024

Global Benchmarking Series | Contact Center Technologies Today, executives deploy digital solutions with increased confidence and swiftness. Contact Center Training: A Digital Leap Forward The way we train new hires at contact centers has changed drastically.

Customer Experience 89

Customer Experience Gamification Benchmark Chatbots 89

Vistio

DECEMBER 15, 2021

Today, we have with us, Matt Beckwith, a proud “ Contact Center Geek ” with over 25 years in contact center industry. He has been named a top thought leader in the contact center space and serves on the steering committee for the Northern California Contact Center Association.

Contact Center 52

Contact Center Banking contact center associations Technology 52

pindrop

JULY 6, 2021

Contact center authentication defends your business, but many leaders are struggling with choosing the best type of authentication solution for them. From email to bank logins, many companies have employed tools like two-factor verification to make their services more secure. Table of Contents. WHAT IS CALLER AUTHENTICATION?

Contact Center 70

Contact Center Average Handle Time APIs Best practices 70

Contact Center Pipeline

NOVEMBER 10, 2022

One of the key missions of banks is to help their customers understand their finances, and the choices and the products and services available, in order to help them make the best decisions. These range from opening a savings account to seeking a mortgage or setting up a financial plan for their future. At the […].

Finance 147

Finance Banking Accountability Customer Service 147

Revation Systems

MARCH 26, 2019

Over the last five years, the rise of smartphones and mobile devices has ushered in an era of daily digital banking transactions. 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.

Banking 48

Banking Chatbots Customer Support Accountability 48

Fonolo

MAY 12, 2020

We had a local community credit union, and that’s where we went for banking. I remember opening my account there; I remember my mother helping me get the loan for my first car there. As my grandmother got older I would help her with her finances, helping her get to the bank and do the things she needed to do.

Contact Center 81

Contact Center Management Banking Abandon rate 81