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Top 5 Customer Service & CX Articles for the Week of September 11, 2023

ShepHyken

They demand fast shipping, easy returns, sustainability and more, showing little loyalty and appreciation. How to Make Loyalty a New Business Line for your Brand? In the last couple of years, there has been a radical shift in this with brands foraying into loyalty with full force.

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Moving Beyond Basic Functionality: Customers Now Prefer a Completely Digital Banking Experience

West Monroe

billion in 2021 to more than $330 billion in 2028—at a compound annual growth rate of nearly 20%. The rise of non-traditional players like fintechs continues to skyrocket, with the global fintech market projected to grow from $112.5 These digital-native organizations present real threats in an increasingly virtual banking landscape.

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Moving Beyond Basic Functionality: Customers Now Prefer a Completely Digital Banking Experience

West Monroe

billion in 2021 to more than $330 billion in 2028—at a compound annual growth rate of nearly 20%. The rise of non-traditional players like fintechs continues to skyrocket, with the global fintech market projected to grow from $112.5 These digital-native organizations present real threats in an increasingly virtual banking landscape.

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10 Mistakes to Avoid When Launching Your Dealership Experience Survey

SurveySensum

Consider offering incentives to boost survey responses like discounts or loyalty points. billion users by 2028. Closing the feedback loop not only leads to enhanced customer satisfaction but also strengthens employee engagement and customer loyalty. This will provide customers with options that suit their preferences.

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Detect fraud in mobile-oriented businesses using GrabDefence device intelligence and Amazon Fraud Detector

AWS Machine Learning

billion by 2028. You can deploy these models to detect mobile fraud to prevent not only fake account registration but also fraudulent payments, promotion abuse, or loyalty program abuse, among others. This solution rides on a larger global wave of anti-fraud efforts, which experts forecast to grow to USD $62.70

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Automated Interaction Summaries: A Catalyst for Enhanced Efficiency and Engaging Customer Interactions

NobelBiz

over the forecast period (2023 – 2028). Last but not least, the integration of automated interaction summaries contributes to a more enriched customer experience, fostering loyalty and driving business success. . – Steve Bederman, President of NobelBiz On Engati CX Podcast Listen to the full podcast.

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Call Center Dialer Software: Optimization Best Practices

NobelBiz

from 2021 to 2028 to reach USD 12.2 billion by 2028. billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 37% from 2021 to 2028. Gamification is one of the most effective training methods that fosters both loyalty and efficiency.