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2022 Banking Outlook

West Monroe

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.

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CloudCherry – Tying Financial Goals to CX Metrics

CloudCherry

“Firms will continue to regard CX as a collection of continuous improvement projects until they see an irrefutable, directly attributable connection to returns.” – Forrester, Hardwire Customer Experience 2018. Connecting these numbers to CX improvements is the tough part. Don’t forget to pull out your customer journey map!

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Why Customer Engagement will Never be the Same

SurveySparrow

Whatever situation your customer faced, the value of providing a great customer experience hasn’t changed a bit for businesses. In fact, brands started to put more attention on improving their customer engagement. Customer Engagement in Pre-Covid World. So, what’s the wait?

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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.

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The State of Customer Experience in Financial Services: Where Do We Go From Here?

CSM Magazine

Financial services leaders are increasing their focus on digital-first initiatives to optimize the customer experience and increase retention and loyalty – a trend that emerged out of pandemic necessity and became a preference that is here to stay. AI is the common thread that untangles the more cumbersome parts of customer engagement.

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Hyper-Personalization: The Future of Customer Experiences

CX University

In today’s digital age, businesses are on a mission for fresh, exciting ways to connect with their customers and craft unforgettable, personalized journeys. This can lead to increased brand awareness and positive word-of-mouth referrals as satisfied customers share their personalized experiences with others.

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Tips To Ace Personalized Customer Experiences Like Industry Leaders

SurveySparrow

Thus, it fosters customer engagement, driving an uptick in conversion rates. In essence, personalization humanizes business interactions, creating meaningful relationships that resonate with customers, positively impacting the brand’s reputation and growth.