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Digital Trends and Technologies Transforming CX in Banking and Finance

Tenfold - Contact Center Blog

These digital natives will not just comprise the new workforce, they will also define the new breed of customers for financial services companies. The taste of this new class of customers clashes with the traditional mode of service that dominates the finance sector. They grew up in a completely digital environment.

Finance 64
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Interview With David Luck, Co-founder and CEO of Capital on Tap: Customer Service in the Finance Industry

CSM Magazine

David Luck, Co-founder and CEO of Capital on Tap Today’s customers demand more from their financial providers. They expect fast, seamless, personalized banking experiences and, above all, exceptional customer service. It directly impacts how customers perceive the business, resolve issues and access support.

Finance 52
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Consumer Obsession: The Powerhouse Behind Banks’ New Role in Society

CSM Magazine

Choosing not to could spell extinction for banks. According to a joint research “ Evolve or be extinct ” from Mambu and the Financial Times, 58 % of senior bank executives believe their bank’s operations will cease if they don’t revamp to a consumer-obsessed business model. It’s time for banks to show they care.

Banking 52
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Top Five Obstacles to Customer Centricity #3 Numbers Focus

Peter Lavers

This series of blogs is based on the early results of research undertaken by Peter Lavers on customer centricity. Participants are asked to tell us what, if anything, they are pulling their hair out over when it comes to customer centricity. There can be a perception that customer experience is just “marketing fluff”.

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Connecting People: The Key to Customer Centric Leadership

ijgolding

Two years later, I moved on to my second role, a promotion into one of the UK’s biggest corporates – The Royal Bank of Scotland (RBS). I worked for a division of RBS called Royal Bank Invoice Finance. People who seem to completely ‘get it’ — the need to become ever more customer centric to enable sustainable business growth.

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4 key barriers to challenger brand growth; a focus on retail banking

Maru Group

According to the latest finance results from Maru/edr , reliability and trust remain the two main drivers behind consumer banking choices. Yet the retail banking industry is huge – and, despite their rapid growth, challenger brands still only account 15% of bank accounts held in the UK. Be bold with the basics.

Banking 40
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Australian Banking and Financial Institutions Need a Seismic Shift in Culture

Noble Systems

In light of recent news from the royal commission exposing misconduct by Australian banking and financial institutions, businesses in the financial sector should consider taking a look at their internal sales practices and potentially recalibrating their corporate culture. Identifying Customer-Centric Behaviours to Reward.

Banking 48