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Tech Outages and Customer Feedback: How a Leading Bank Leveraged InMoment’s Platform

InMoment XI

In our hyper-connected world, tech outages and cybersecurity incidents have become an unfortunate reality. Whether it’s a supermarket where transactions are delayed, a bank with disrupted online services, or an airport where flight information systems go down, the frustration is real—and customers have little bandwidth for the inconvenience.

Banking 195
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5 Reasons Why Social Media Is Critical for Great Customer Service

Win the Customer

Whether it’s Snapchat’s GeoFilters or Facebook’s 360 Photos, more businesses are finding that social media is one of the most powerful tools available today. Whatever industry you’re in, you simply must have a social media presence these days. It’s called social media for a reason, after all.

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3 Rules for Investing in Good Relationships with Customers

Experience Investigators by 360Connext

Relationships are like banks. That way, there’s always something in the bank for a withdrawal.”. Apply this idea to relationships with customers , and you’ll see everyone, whether customer or company, needs to make a withdrawal from the relationship bank at times. It’s in the bank! However, there are conditions.

Banking 286
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The Mass Extinction of Loyal Customers

Experience Investigators by 360Connext

Commercials claim generation after generation has banked at Bank of America , so why wouldn’t we? Thanks to the #occupy movement, many big bank customers are still defecting to smaller banks and credit unions. This even happens with social networks.

Banking 295
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Are tech companies the biggest threat for traditional banks?

CloudCherry

For quite a while, banks were eyeing fintech startups as their main foes. They invested in technology to compete with these startups and to improve customer experience in banking. There seems to be a bigger threat to banks coming from a different direction, namely tech companies. But the landscape is constantly changing.

Banking 220
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Credit Union Reputation Management: Why It’s Key for Member Trust and Satisfaction

InMoment XI

This is true for financial institutions in general, with almost 90% of consumers using online reviews to make banking decisions. The online space, especially in the form of social media and review sites, amplifies public opinion. You can even identify and use viral trends to better connect with such members.

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5 Customer Convenience Considerations (Before you Change Anything!)

Experience Investigators by 360Connext

We started to bank via drive through in 1946! Banking is touting mobile photo check deposits and other conveniences. An app allowing customers to sign loan documents via a phone or tablet’s touch screen eliminated the need for the banking customer to go into a branch to close a loan.

Banking 282