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Making Customer Experience Fun! The Budapest Bank CX Crossword Puzzle

ijgolding

This is a post about customer experience (CX) transformation – about the incredible work being done by a bank in Eastern Europe in their quest to become sustainably customer centric. Budapest Bank had actually started its customer experience program at the end 2015. customer insight. governance.

Banking 233
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Why banks should shift to offense and invest amid market uncertainty

West Monroe

This means that at a time when banks are poised to generate “cycle” high-net interest margins, they’re instead forced to prepare for volatility: increasing loan loss reserves, optimizing their workforce, and scrounging for deposit bases. Facing an economic downturn, banks should play offense.

Banking 52
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What is the Meaning of Quality to Customers?

Experience Investigators by 360Connext

As an example, when you ask people what they want from a bank, they often say things like ‘security’ but they really want convenience. Today’s assumption is that if you are a reputable bank, there is good security. So what’s the definition of a “quality” customer experience for these banking customers?

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5 Creative Ways to Use AI for Sentiment Analysis

Lumoa

This involves analyzing information from various sources, including customer reviews, surveys, and social media conversations. AI-driven sentiment analysis can assess whether a brand’s messaging aligns with customer perceptions. This is particularly challenging when dealing with sarcasm, irony, or cultural nuances.

Analysis 208
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Three ways to empower your Technology Team to develop new client solutions in Financial Services

CX Centric

They look for value and are willing to switch providers Open banking regulations, making it easier for customers to switch. Technology teams need to be equipped with the right processes, the right information, and supported by the right culture to be able to act. Lots of your technical staff are left in their technical world.

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Unlocking the Benefits of Specialized Training Companies for Online Professional Development Programs

CX University

CX University conducted an in-depth analysis of a recent client, United Bank for Africa (UBA). The employees of UBA were engaged in interactive online modules that covered various aspects of CX, such as understanding customer needs, effective communication, and problem-solving techniques. I highly recommend it.

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Shawbrook Bank chooses Lumoa to manage and analyze customer feedback

Lumoa

The retail and commercial bank based in the UK is processing customer feedback from a variety of channels. They have chosen Lumoa to consolidate that in a single platform and analyze what customers say in real-time. It has been a pleasure working with Shawbrook Bank and Lumoa” says Richard Jeffreys, founder of CX ALL.

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