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2023 Banking Outlook: Mid-Year Update

West Monroe

In our 2023 Outlook: The Future of the Banking Industry , we anticipated murky waters and a rising need for the use of digital solutions to better evaluate profitability, identify key customer touchpoints, and work to prevent deposit outflows and overconcentration. This urgency has only increased.

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2022 Banking Outlook

West Monroe

It is also assumed that M&A will be a hot topic in 2022 as banks look for new growth opportunities and to increase the speed at which they can invest and scale their technology platforms. Payment and monetary disruption: the rise of crypto in mainstream banking. This outlook will not include an analysis of M&A trends.

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New Era of Telephone Payments: SOTpay Shakes Up the Industry as IVR and DTMF Hang Up

CSM Magazine

Businesses are bidding farewell to the traditional Interactive Voice Response (IVR) and Dual-tone Multi-frequency (DTMF) systems, embracing the more secure digital pay-by-link technology for payment processing. SOTpay, crafted with versatility in mind, extends beyond credit card payments and Open Banking transactions.

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Referral marketing software for the win: Our top 20 picks

BirdEye

It’s an organic way that leverages the power of word-of-mouth — the most credible form of advertising — to grow your customer base. Benefits of doing referral marketing A whopping 83% of individuals trust referrals or recommendations from friends and family more than any other marketing channel.

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Top 10 Best BPO for SMEs in Customer Service

Magellan Solutions

Customization: You should check whether the BPO you are considering allows you to customize the service you require. In other words, the provider must allow customizing support to suit your business model, customer base, and product offering. Sitel Philippines Inc.

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Increase revenue with local lead generation

BirdEye

And since traditional wheat-based croissants are not gluten-free, they would avoid targeting customers with gluten intolerance. For the bakery to reach these target customers, it must implement digital strategies such as paid search ads and social media campaigns.

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How Customer Support Chatbots and AI are Changing Fintech

Solvvy

While leading consumer fin-techs in payments, lending, and banking are always looking to provide best-in-class customer experience and multi-channel accessibility, however, significant, rapid growth can strain customer support teams, increase handle times, and turn-off newly acquired customers.