West Monroe

DECEMBER 1, 2021

Banks can thrive in a post-COVID economy by staying aggressive with the technology and innovation that helped them in the early stages of the pandemic.

Banking 52

Banking Innovation Technology Financial 52

West Monroe

JULY 30, 2023

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.

Banking 52

Banking Multi-Channel Financial Customer Centricity 52

Forrester's Customer Insights

FEBRUARY 21, 2023

Over three quarters of banks are increasing their spending on emerging technologies, creating the potential for hype and fear of missing out. Forrester identified nine emerging technologies that should be on the list of every bank, either now or later.

Banking 49

Banking Return on Investment Innovation Technology 49

CloudCherry

JANUARY 4, 2018

The retail banking industry has been dealing with massive upheaval for a while now, and things will continue in the same vein come 2018. However, FinTechs will also keep the pressure up on the industry due to their agility and constant innovation. Here are some of the trends that will define 2018 for the banking industry.

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Banking Trends Financial Self Service 170

Experience Investigators by 360Connext

MARCH 26, 2024

Prepare to have your perspective radically shifted as we examine a bank’s strategy to merge in-person banking with digital tool education. Will this approach truly empower customers or is it merely a stepping stone to a fully digital future?

Banking 178

Banking Advertising ROI B2B 178

SurveySparrow

JUNE 22, 2023

Thus, a pivotal component of this evolution is the customer experience banking. In today’s competitive financial landscape, it’s customer experience banking that sets a financial institution apart from the others. Hence, this article offers insights into customer experience banking and the customer journey banking.

Banking 52

Banking Customer Experience Customer Journeys Financial 52

West Monroe

MAY 17, 2023

Forward-thinking technology has become table stakes for all banks, especially given the rapid growth of fintech companies shaping the market. Fintechs, digital currencies, and neo banks are creating an increasingly fragmented industry with a myriad of digitally forward options for consumers. With upwards of $4.7 With upwards of $4.7

Banking 52

Banking Technology Innovation Roadmap 52

2020 Research

AUGUST 26, 2022

The Looming Economic Storm: How Consumer Banks Will Survive This Recession. Explore our five key findings from the 2022 US Banking Industry Loyalty Report, created in collaboration with Apex Scoring System. Should Consumer Banks Shift Their Perspective When Addressing Internal Challenges?

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Banking Consumers Loyalty Innovation 52

West Monroe

JULY 6, 2023

Watch this webinar featuring the Consumer Bankers Association and industry leaders from West Monroe's Financial Services practice to gain insight into practical business cases for small business banking.

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Banking Financial Industry Consumers 52

Talkdesk

NOVEMBER 30, 2020

At Talkdesk , we form relationships with companies to integrate their innovations into our platform. We also invited nine of our AppConnect partners to the first Talkdesk Digital Showdown: Innovations in CX. Each innovator had three minutes to convince attendees they had the best app to improve CX.

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Innovation Contact Center Banking Communication 103

West Monroe

JUNE 27, 2023

In an environment characterized by increasing interest rates and economic uncertainty, banks must address the interconnected threats of deposit runoff and uncertain loan portfolio returns to meet performance expectations.

Banking 52

Banking Customer relationships Strategy Management 52

West Monroe

JUNE 27, 2023

In an environment characterized by increasing interest rates and economic uncertainty, banks must address the interconnected threats of deposit runoff and uncertain loan portfolio returns to meet performance expectations.

Banking 52

Banking Customer relationships Strategy Management 52

West Monroe

JUNE 27, 2023

In an environment characterized by increasing interest rates and economic uncertainty, banks must address the interconnected threats of deposit runoff and uncertain loan portfolio returns to meet performance expectations.

Banking 52

Banking Customer relationships Strategy Management 52

West Monroe

JUNE 6, 2023

That’s why innovation is so critical. But the innovation landscape is changing fast—and not in linear fashion. Read on to learn how organizations—in the tech industry as well as traditional industries such as manufacturing and banking—are responding to these changes. Hiring digital-centric talent.

Innovation 52

Innovation e-support Banking Retail 52

Blueshift

MARCH 29, 2024

Unlike most traditional banking institutions, credit unions boast a unique value proposition—a commitment to community-centric banking, personalized service, and member-driven initiatives.

Data 111

Data Banking Innovation Consumers 111

West Monroe

DECEMBER 11, 2022

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

Banking Marketing Self Service Financial 52

Avaya

OCTOBER 25, 2017

Sources like CNBC and The Telegraph predict that the retail bank branch will die within the next decade. In fact, the market is heading towards bank branch innovation unlike anything we’ve ever seen. Traditional vendors must now compete alongside newer digital-only banks like Ally in the U.S., We can’t help but agree.

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Banking Innovation Brands Self Service 58

West Monroe

FEBRUARY 28, 2023

As financial institutions determine their strategies for navigating the new year, West Monroe partnered with American Banker to ask leaders in commercial, retail, and private banking how they’re approaching their loan and deposit products and portfolios in response to ongoing financial pressures in the U.S. There’s little panic.

Banking 52

Banking Financial Retail Consumers 52

Customer Bliss

JULY 4, 2017

Mark Slatin is the Director of Client Experience for Sandy Spring Bank. They won CX Innovation Awards in both 2015 and 2016, so he seemed like a great person to bring on and discuss what he’s doing with his team — and how/why. This helped them win the 2016 CX Innovation award. (I About Mark. Get to know them.

Banking 143

Banking Leadership Net Promoter Score Customer Journeys 143

Inbenta

NOVEMBER 9, 2021

The banking sector has also recognized the game-changing effects innovative technological disruptors like Artificial Intelligence (AI) can have and acted promptly to optimize their online and mobile banking models with customer interaction platforms. Digital Banking Moves Forward. check account balances.

Chatbots 95

Chatbots Banking Customer Care Self Service 95

Forrester's Customer Insights

NOVEMBER 2, 2021

To compete and survive in an increasingly unpredictable, post-pandemic world, banks will invest heavily in technology, talent, and sustainability in the coming year.

Banking 48

Banking Innovation Technology Financial 48

CSM Magazine

SEPTEMBER 22, 2022

The new digitally-native payment product, powered by open banking technology, offers consumers the choice to instantly Pay By Bank, authorising payments via their mobile banking app or online banking portal. This innovation makes payments – and instant refunds – quicker, easier, and highly secure.

Banking 52

Banking Omni-Channel Innovation Consumers 52

Forrester's Customer Insights

APRIL 22, 2021

Significant gaps continue to exist in private banking, forcing firms to rethink pricing and organizational models. As a result, high-net-worth clients are not fully benefiting from some of the digital innovations that are changing how customers interact with their private banks.

Banking 71

Banking Innovation Trends Interaction 71

West Monroe

JANUARY 25, 2022

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.

Banking 52

Banking Financial Trends Multi-Channel 52

Talkdesk

DECEMBER 23, 2020

innovation and competitiveness. Distribution through financial centers: Banks, credit unions and community lenders will receive the applications, review, process and distribute the new tranche of $267.5 Banks and lenders will need to make the PPP process as clear and straightforward as possible to their agents and clients.

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Banking Contact Center Insurance Self Service 126

Forrester's Customer Insights

FEBRUARY 25, 2021

Digital transformation is coming to Corporate Banking. Corporate banking today is antiquated due to its highly customized and complex product offerings; lack of challengers to drive innovation; and strong barriers to switching for clients. Enterprise clients have lived with a sub-par experience for far too long.

Banking 48

Banking Retail Innovation Customer Experience 48

West Monroe

AUGUST 22, 2023

Along with the rest of the financial services industry, the Farm Credit System has been evolving, adopting technology, managing risks, and partnering with those that strive to innovate how they do business.

Banking 52

Banking Guidelines Financial Metrics 52

Eptica

MAY 6, 2020

Date: Wednesday, May 6, 2020 Author: Pauline Ashenden - Demand Generation Manager Are banks building trust through customer service excellence? Author: Pauline Ashenden - Demand Generation Manager The coronavirus pandemic is actually accelerating digital transformation in many verticals, and banking is a prime example.

Banking 79

Banking Customer Service Social Media Self Service 79

West Monroe

MAY 24, 2022

Today’s mid-size banks and regional banks are in a unique spot: big enough to require competing with larger banks on digital customer experiences, but too small to absorb the consequences of strategic technology blunders when it comes to investing in them. But there’s also significant opportunity here. Joshua Hoppes.

Banking 52

Banking Technology Marketing Financial 52

West Monroe

MAY 17, 2023

Forward-thinking technology has become table stakes for all banks, especially given the rapid growth of fintech companies shaping the market. Fintechs, digital currencies, and neo banks are creating an increasingly fragmented industry with a myriad of digitally forward options for consumers. With upwards of $4.7 With upwards of $4.7

Banking 40

Banking Technology Innovation Roadmap 40

Forrester's Customer Insights

FEBRUARY 9, 2023

The world of money is changing, and India has made impressive progress toward innovations in digital payments. India’s central bank, Reserve Bank of India (RBI), is now focusing on Central Bank Digital Currency (CBDC). Things have been a little hazy around the use of cryptocurrencies in India.

Banking 47

Banking Innovation Marketing Financial 47

CSM Magazine

JULY 13, 2022

When it comes to money, it’s responsible to make informed choices regarding who you do business with, especially in banking. Consumers deserve a bank that offers competitive rates, innovative financial products, and quality services. Unfortunately, the relationship between banks and consumers varies. Mobile Banking.

Banking 59

Banking Customer Service Customer Experience Financial 59

West Monroe

DECEMBER 6, 2022

An uncertain economy—highlighted by high inflation and increased cost of lending—will force banks to pivot to build momentum and provide high-quality customer experiences in 2023. Banks must find ways to meet their customers where they are, with precisely what they need, at the right time. 2-Minute Takedown.

Banking 52

Banking Industry Financial ROI 52

CSM Magazine

MARCH 5, 2024

With a proven track record of driving continuous innovation and fast-paced growth, Mike brings both extensive experience and strategic vision to his new role. For over 35 years, Business Systems has been at the forefront of providing cutting-edge compliance solutions to Top Tier Banks and Financial Institutions.

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System Innovation Banking Communication 52

West Monroe

MAY 21, 2023

Today’s consumers are seeking a more personalized and streamlined banking experience than ever before, with generations from baby boomers to Gen Z conducting a balancing act with their finances when it comes to digital and in-person services. consumers are using fintechs today.

Banking 52

Banking Multi-Channel Omni-Channel Customer Centricity 52

West Monroe

MAY 21, 2023

Today’s consumers are seeking a more personalized and streamlined banking experience than ever before, with generations from baby boomers to Gen Z conducting a balancing act with their finances when it comes to digital and in-person services. consumers are using fintechs today.

Banking 52

Banking Multi-Channel Omni-Channel Customer Centricity 52

Clarivate

APRIL 21, 2022

Ukraine has a rich history when it comes to scientific innovation, from physics to life sciences, chemistry and engineering. Scientific innovation in Ukraine, by the numbers. Next, we examined innovation in Ukraine by analyzing the country’s contributions to the global Research Fronts. Source: InCites.

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Innovation Technology Analysis Banking 98