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Future of Customer Experience in Digital Banking

Banking 2020

Unlike in the past, when more than two products from one bank made a customer loyal, customer behavior is fleeting and their expectations for digital banking is increasing every day, because technology is giving them numerous choices and control. He is a PMP and Certified Process Professional.

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Banks and Credit Unions View Fintech Partnerships a Key Growth Strategy for 2020

Gonzobanker

Fintechs can provide better design capabilities, improved customer experience, research states. Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. The annual What’s Going On In Banking study explores how senior executives from 300 U.S.-based

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Can Midsize Banks Keep Pace?

Banking 2020

Midsize banks (those with deposits between $2 billion and $33 billion) have traditionally been the leaders of customer satisfaction in the banking industry, but technology has advanced to the point where big banks and regional banks are closing the gap. Retail Banking Satisfaction Study SM. .

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From Omni-Channel to Omni-Cliché: Don’t Define, Just Engage

Banking 2020

Some technology buzzwords become so embedded in the lexicon they reach cliché status at warp speed. As financial services providers and financial institutions, we’re not really in the business of technology—it enables what we do, but it’s not what we do. It’s not a buzzword, and it can’t always be clearly defined, but it’s vital.

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What Should a Bank Sound Like?

Banking 2020

For a bank to thrive online, it has to create meaningful conversations with its customers about life’s big financial decisions. A lot of retail banks talk about how they’re ‘customer-friendly’, even though no friend would use the language we see in a typical mortgage application, bank statement, or credit card letter.