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2020: The Year of Digital-Only Banking?

Revation Systems

As technology continues to impact the banking industry today, a shift is beginning to occur in consumer behavior. This statistic is indicative of the sheer strength that digital banking has today – especially for the younger generations of consumers like Millennials and Gen Z. Digital Banking as One Piece of the Puzzle.

Banking 62
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Optimizing Customer Support in the Financial Sector: How BPO Contact Centers Can Add Value

Hodusoft

As per a report released by Straits Research in October 2022, the global banking, finance, and accounting BPO services market size is projected to grow at a compounded annual growth rate of 9.52 Multichannel Support Gone are the days when customers preferred to contact a bank or financial institution using audio calls.

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How do UK banks rate on customer experience?

Eptica

Date: Wednesday, March 14, 2018 How do UK banks rate on customer experience? Author: Neil Cox Banking, like many other sectors, is undergoing a period of disruption and change. How are UK banks doing in terms of the customer experience? The social media experience delivered by the banks also trails behind some other sectors.

Banking 49
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Chatbots: What Role Should They Play in Customer Service?

VocalCom

Many brands believe that chatbots are key to modernizing customer service. It’s still an early stage for chatbots within the domain of customer experience, and companies need to use them prudently. According to Forrester, most chatbot failures occur because they attempt to handle too many tasks. Assign chatbots concrete tasks.

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5 Reasons Why Customers Love Chatbots

VocalCom

As artificial intelligence continues to modernize customer experiences, chatbots are at the heart of this technological revolution. According to Business Insider, 67% of customers worldwide used a chatbot for support in 2017—and the numbers continue to rise. Chatbots are especially efficient when assisting customers with simple tasks.

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Chatbots: The Key to Efficient Customer Service

VocalCom

The idea of chatbots assisting or possibly replacing human agents was exciting, but was it feasible? While this technology continues to evolve, many industries—from banking to travel to retail—are indeed offering faster, richer experiences due to chatbot implementation. Chatbots can be integrated with popular messaging apps.

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Ask the Experts: Predictions for the Future of Customer Experience

HGS

The first one was the de-emphasis on omnichannel and preference for multichannel. All the conversations were about omnichannel but in the age of consumer experience, the majority of CX professionals are backing off in favor of multichannel so that they can get each channel right. Q2: Any tips for people that are starting off with AI?