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Balance efficiency, technology, and strategy to improve consumer lending

West Monroe

While today’s rapidly evolving financial landscape has banks focusing on numerous priorities, consumer lending is experiencing significant shifts that demand immediate attention to manage current expenses and position for future growth.

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5 Ways to Manage Through an Economic Slowdown, According to NetSuite’s Founder

Circular Edge

Blog Credit: Megan O’Brien, February 1, 2023 (5 Ways to Manage Through an Economic Slowdown, According to NetSuite’s Founder | NetSuite) In a recent webinar (opens in new tab) , Oracle NetSuite founder and executive vice president Evan Goldberg discussed how to navigate a changing business environment. Learn how to make OKRs work for you.

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Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

Zendesk’s research found that an overwhelming majority of consumers (nearly three out of five ) stated that quality customer service is paramount in cultivating brand loyalty. Meanwhile, 50% of consumers will likely switch to a rival after just one bad support experience. And you’re not alone in feeling that way.

NPS 208
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Is the Chief Experience Officer a Worthwhile Addition to the C-Suite?

Retently

A short definition of the CXO position describes it as being responsible for managing the business relationship with its customers throughout the entire customer experience journey. According to it, only 24% of the surveyed companies had a person in charge of the customer experience within their organization.

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New regulatory requirements are coming for banks—how and why they should prepare now

West Monroe

In the aftermath of the financial crisis of 2008, Congress passed the Dodd-Frank Act in 2010, imposing stricter regulations on banks with $50 billion or more in assets. Assume that regulators will be more interested in your firm’s overall risk management practices; can your governance framework stand up to scrutiny?

Banking 52
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A 71% drop in support load: How Tourney Machine is using Elevio to help customers succeed

Elevio

Since 2008, SportsEngine has been providing the online software and apps that make it easy for anyone to run a sports organization. From league administrators who need a practical way to organize teams and sites, to players who want to manage their schedules, SportsEngine makes it possible for people to manage sport at every level.

Sports 69
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Are We in a Recession Yet? Watch out for These Signs

Magellan Solutions

The period of recession is accompanied by negative GDP growth, a decline in consumer spending, falling stock markets, and a higher unemployment rate,” economists said. . Consumer confidence and spending drop sharply. When consumer confidence is high, consumers spend money on purchases. from 101.0 in the prior month.