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Consumer banking: money can’t buy loyalty

Currency Alliance

A 2018 Collinson study reported that 66% of financial services professionals say their bank “does not understand why customers are loyal or have a strategy to strengthen customer relationships”[i]. People are more likely to leave their spouse than their bank[ii], so it might seem that banks have no case to answer. Extra what?

Banking 40
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Revolutionizing Customer Retention: The Role of Easy-to-Use Credit Options

CSM Magazine

Scandinavian banks are a great example of a high-end customer experience. Here are a few successful retention strategies that have been tried and tested by everyone in the niche: Rewards ProgramsRewards programs are like the cherry on top for customers when it comes to choosing a financial service.

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How to Build a Next-Generation Loyalty Scheme

CSM Magazine

Ensuring customers can easily redeem rewards may be more complex for organisations that have partnership programmes in place. It’s also crucial to test whether rewards benefits accrue properly. To begin with, when do you offer customers the opportunity to join your rewards program? Does the customer journey flow smoothly?

Loyalty 59
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Free Webinar: Confidence-Enabling Experiences

CSM Magazine

‘Confidence-Enabling Experiences: The Backbone of Strong Brand Relationships’ is a truly unmissable webinar, featuring insights from senior executives at Nationwide, IHG Hotels, First Horizon Bank & R/GA ! Discover how reward programs can be reworked to actually drive loyalty. Find out more here!

Hotels 52
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Overcoming the Great Resignation with Lessons Learned from CX Best Practices

CSM Magazine

The best VoE programs integrate a mix of employee surveys, active listening, and reward programs to both standardize and incentivize routine feedback that can help identify common pain points that take place across the full employee experience and remedy them before they create a turnover problem.

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Online Casinos that Offer Excellent Customer Service

CSM Magazine

These complement the available banking methods (including crypto) and enticing promotions and bonuses for new players. An extensive library of games works hand in hand with great deposit options, plenty of bonuses and promotions, and a fantastic rewards program titled the Betway Club.

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Breaking down the walls: Loyalty Magazine Awards 2019

Currency Alliance

This was my second year on the judging panel at the Loyalty Magazine Awards. What is great about The Loyalty Magazine Awards is the willingness to share why each brand won their award or received special recognition – which allows us, as practitioners, to learn, and not just enjoy the gin fizz. Mastering customer data (finally).

Loyalty 49