InMoment XI

APRIL 25, 2024

Based on data and market research, we’ve pulled together some reputation management strategies that are most likely to land with your customers and improve your brand reputation. This is important because it will increase a bank’s reliability, trustworthiness, and overall satisfaction.

Financial 260

Financial Management Banking Insurance 260

Uniphore

JANUARY 26, 2022

Conversational AI in Banking – Practical Use-Cases for Achieving ROI. Join Daniel Faggella, Head of Research for Emerj, as he explores the current and future state of conversational AI in banking with Kimberley West, Director of Product Marketing for Uniphore. More people today are banking digitally than ever before.

Banking 130

Banking ROI Policies Financial 130

CloudCherry

FEBRUARY 1, 2018

The modern-day banking customer has evolved over the years. The dawn of the Digital Age has not only made it easier for customers to engage with banking institutions but also given them more choices. So, what can banks do to ensure that they keep heading in the right direction? FREE E-BOOK TO IMPROVE CX IN BANKING.

Infographics 239

Infographics Banking Policies Loyalty 239

West Monroe

AUGUST 9, 2023

On the banking side, the small business segment often represents 20-45% of a regional or community bank’s total deposits, positioning this segment as vital to most banks’ health—and yet, banks have historically struggled to serve the segment profitably and efficiently. The result?

Banking 52

Banking Self Service Retail Meeting 52

West Monroe

AUGUST 15, 2022

Middle-market banks have historically employed a fragmented digital strategy to improve back-office efficiency, focusing on sales enablement and client servicing. Banks are using multiple online solutions and vendors for application frameworks and software. Featured Content.

Banking 52

Banking Customer Experience Marketing Self Service 52

West Monroe

MAY 9, 2023

The banking industry is experiencing systemic change from all sides—volatile markets, increasing dependence and influence of technology, and both shifting consumer and corporate banking demands—and it feels like any moment there could be another shoe that drops.

Banking 98

Banking Government System Technology 98

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

Eptica

APRIL 11, 2022

Date: Monday, April 11, 2022 Author: Pauline Ashenden - Demand Generation Manager How are banks meeting changing customer service needs? How are banks and other financial services businesses responding? We analyse the latest research from ContactBabel to explain the current state of banking customer service.

Banking 120

Banking Meeting Customer Service Financial 120

West Monroe

MARCH 12, 2023

The crisis at Silicon Valley Bank has the industry spinning and in question mode: Can the impact be contained? How will the Fed’s moves affect customer, investor, and market confidence? And most of all, what do banks need to do next? Mid-market banks in particular are getting hit hard and coming under the microscope.

Banking 52

Banking Insurance Government Travel 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

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. Furthermore, consumers are beginning to trust these firms more and more, often to the detriment of traditional banks. Here are some of the trends that will define 2018 for the banking industry.

Banking 170

Banking Trends Financial Self Service 170

West Monroe

APRIL 3, 2024

Need a roadmap for getting started with AI? Starting an AI journey requires a swift strategic shift to facilitate broad integration across your institution, but there are points of entry along the way. Reach out to get started today. Contact Our Experts

Banking 52

Banking Roadmap Marketing Resources 52

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

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. The potential for B2B markets to embrace this trend sparks a thought-provoking discussion.

Banking 178

Banking Advertising ROI B2B 178

Talkdesk

SEPTEMBER 4, 2020

The reimagining of business places the customer at its forefront and affects every aspect of the banking industry — from human resources and security to sales and marketing. After COVID-19 hit, many business owners felt underserved by their banks and voiced their displeasure by moving their money elsewhere.

Banking 114

Banking Contact Center Omni-Channel How To 114

Adrian Swinscoe

APRIL 28, 2023

This is a guest post by Michelle Huff, Chief Marketing Officer at UserTesting. With many physical bank branches closing, customers are forced to migrate to digital […] The post Why customer empathy is key to ensuring the older generation have a seamless digital banking experience first appeared on Adrian Swinscoe.

Banking 98

Banking Customer Experience Customers Marketing 98

ReviewTrackers

MARCH 24, 2021

Bank Customer Retention: Why It Matters. This holds true for banks and financial services providers, too. That means the relationship does not become profitable for the bank until well into the second year. According to Kantar , banks that lead in the customer experience index have a recommendation rate that is 1.9

Customer Retention 123

Customer Retention Banking Customer Experience Strategy 123

West Monroe

APRIL 6, 2022

Today’s mid-size ($20B-$50B AUM) and regional banks ($50B-$100B AUM) find themselves in a unique spot: big enough to require competing with larger banks on digital customer products but too small to absorb the consequences of strategic technology blunders when it comes to investing in them.

Banking 52

Banking Technology Marketing Roadmap 52

PeopleMetrics

NOVEMBER 1, 2022

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

Banking Trends Customer Experience Self Service 62

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?

Banking 52

Banking Consumers Loyalty Innovation 52

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

SurveySensum

MAY 19, 2023

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

Banking NPS Industry Net Promoter Score 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

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

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

Banking 52

Banking Technology Innovation Roadmap 52

ReviewTrackers

APRIL 7, 2021

Bank Reputation Risk Management. Reputation is one of the most valuable assets that a bank can have. A great reputation can set a bank apart from its competitors. In 2012, Edelman Insights found that financial services and banking was the industry consumers trusted the least — even less than they did the media sector.

Banking 94

Banking Management Social Media How To 94

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

West Monroe

DECEMBER 1, 2021

An efficiency ratio of 40% is possible for banks that have rightfully invested in digital technology but still haven’t seen improvement. Here’s how.

Banking 52

Banking Marketing Technology Financial 52

Talkdesk

DECEMBER 23, 2020

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

Banking Contact Center Insurance Self Service 126

West Monroe

MARCH 28, 2023

What’s more, recent market volatility and threats to banks around deposit run off only heighten the need for banks to adopt a balanced segmentation and portfolio management strategy—one anchored by data—that can help banks both attract and deepen relationships with their most valuable customers and mitigate risk of deposit runoff.

Banking 52

Banking Data Meeting Self Service 52

Retently

AUGUST 29, 2022

In fact, social media is such a sensitive barometer of public opinion that during the presidential election, branding experts speculated that social media could be a more valuable platform for market research than traditional advertising. It’s a statement that many, if not most, people in tech would probably agree with.

Social Media 158

Social Media NPS Net Promoter Score Marketing 158

CSM Magazine

DECEMBER 29, 2022

Many businesses rely on their banks for essential financial services, so it’s important that banks provide high-quality customer service. Here are 10 ways to improve business banking customer service and keep your customers happy. Get to know your customers by name and take an interest in their business.

Banking 52

Banking Customer Service Customer Service Training Customer Service Representative 52

SaleMove

DECEMBER 2, 2022

Understanding generational differences opens up much greater potential for banks and credit unions that have the right technology and marketing. The post From Gen Z to Boomers: Meeting the Banking Needs of Each Generation appeared first on Glia Blog | Digital Customer Service Explained.

Banking 52

Banking Meeting Technology Marketing 52