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How Prepared Are Financial Firms Feeling for Consumer Duty?

InMoment XI

In our recent virtual panel discussion, we explored how different financial firms are embracing the Consumer Duty Act and identified areas where most of their resources have been designated. Furthermore, the concept of “substantive compliance” was emphasized as a means to exceed expectations and gain a competitive advantage.

Consumers 369
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Defining the Value of Customer Experience: A Guide for Creating CX ROI in A Constantly Changing World

Experience Investigators by 360Connext

The landscape of consumer expectations is constantly evolving, and understanding the value of customer experience has emerged as a cornerstone for businesses aiming to sustain growth and maintain a competitive advantage. The financial impact of CX can be highlighted in the potential revenue growth it offers.

ROI 260
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Stuck in an Outdated CX Framework? Here’s Why You’re Missing Out on Real Results

eglobalis

This process is particularly powerful in sectors with high trust requirements, such as technology and cybersecurity. Leverage Technology as an Enabler, not a Solution While technology is essential in today’s CX strategies, it should be viewed as an enabler that enhances—rather than replaces—human-centric interactions.

B2B 442
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Customer Experience in Banking: A Guide to Improve Trust & Satisfaction

InMoment XI

It’s no longer enough for banks and credit unions to simply provide financial services. Needless to say, providing a memorable customer experience in banking should be a top priority for all financial institutions. Importance of Customer Experience in Banking We are currently living through times of financial worry.

Banking 195
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Beyond the Ask: A Practical Guide to Deciding Which Customer Feedback to Act On

eglobalis

Does your technology stack support the requested feature? Feature development requires time, manpower, and financial investment. Technical Limitations Sometimes, a feature request is not feasible with the existing technology stack or product architecture. Will it require significant engineering hours or new infrastructure?

Feedback 441
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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

Operational and Financial Analysis: Look into operational efficiencies, production costs, and pricing structures of competitors. This financial foresight is vital for strategic planning. These are areas where you have the opportunity to differentiate your business and gain a competitive advantage.

Marketing 195
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How Contact Center Optimization Can Improve Your Bottom Line

InMoment XI

Whether that be through cost-saving measures, increased operational efficiency, or strategic initiatives to boost revenue, the pursuit of financial success is a constant in the business world. Improved Agent Productivity Providing agents with the necessary tools, training, and technology to perform their tasks efficiently.