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4 Ideas to Increase Credit Union Membership

Comm100

The World Council of Credit Unions recently reported a 29% global growth in CU membership year-over year. With such growth, partly driven by raised bank fees, comes great opportunity to expand membership. To deliver on this, credit unions are turning to live chat. We love our chatbot.

Chatbots 231
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Improving Customer Experience in Banking: 7 Promising Trends

PeopleMetrics

Creating a positive customer experience (CX) is for all types of businesses, including essential services like banking. By contrast, that same customer does all of their banking online, and since they’re visiting that website over and over again, they’re much less likely to let it slide. What do customers expect from banks?

Banking 62
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The State of Automated Customer Service in 2023

Comm100

In customer service, automation is commonly seen in the form of chatbots. Chatbots can respond to customer queries, answering the common requests, immediately and 24/7. This speeds up support for the customer as they don’t need to wait for an agent to become available. They are capable of resolving up to 80% of all queries.

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How banks can streamline service with the latest round of PPP

Talkdesk

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.

Banking 126
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Digital Transformation in Customer Service: 5 Inspirational Success Stories (Part 3 of 4)

Comm100

Lake Michigan Credit Union – Improving Member Support with Live Chat & Chatbot . The existing channels that LMCU had in place included phone, email, and online banking, and they wanted a modern solution to let customers connect more flexibly. The amount of logging and history that is reported is extremely helpful.

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4 Reasons Why Credit Unions Need to Offer Live Chat in 2022

Comm100

The Deloitte Center for Financial Services conducted a survey of digital banking in March 2021 that speaks to the shifts happening among banking customers. One-third of survey respondents agreed that they are using digital banking channels much more now than pre-pandemic.

Banking 130
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The Role of NPS in the Banking Industry

SurveySensum

Customer loyalty and satisfaction are crucial when it comes to banks. More than often, customers are attracted to banks that value them and offer good service. But when every bank strives to achieve the same, how can you get a competitive edge? How to use NPS in banking and financial services?

Banking 52