Remove 2025 Remove Branding Remove Customer Experience Remove Technology
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Brand Differentiation – How One Bank Is Producing 132% Profit Growth

South State Correspondent

If your bank struggles to create a clear value proposition and brand differentiation, then we have a case study for you. Their secret – fanatical customer service. Instead of marketing, the Bank strategically focuses on two areas – product development and customer service. and became the most valuable bank in Latin America.

Branding 221
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Zoovu Raises $14M To Expand Use Of AI Digital Sales Assistants

PYMNTS

Zoovu, a company that provides artificial intelligence (AI)-powered digital assistants in a software-as-a-service suite for brands, has raised $14 million in a series B financing round, according to reports. The startup, which is based in New York, aids brands in building and utilizing digital experiences to integrate into websites.

Branding 116
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How AI can deliver a personalized banking experience that drives customer devotion

NCR

According to Goldman Sachs , machine learning and artificial intelligence (AI) will enable $34 billion to $43 billion in annual “cost savings and new revenue opportunities” within the financial sector by 2025. Improving digital experiences.

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Luxury Retail, Luxury Fraud: How Neiman Marcus Is Battling Fraudsters

PYMNTS

This growth is reflected across all areas of retail as online shopping becomes more popular with consumers, forcing even more traditional retailers — such as those that sell luxury products — to craft an online experience. By 2025, online luxury sales are expected to triple, leading to an anticipated $91 billion in sales, one report noted.

Fraud 109
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What the future holds for retail banking – 5 key trends

NCR

We estimate that in five major retail banking businesses (consumer finance, mortgages, SME lending, retail payments and wealth management) from ten to 40 percent of revenues (depending on the business) will be at risk by 2025, and between 20 and 60 percent of profits, with consumer finance the most vulnerable.” A more digital business.

Trends 40
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Bolstering Cyber Resilience in the Financial Services Industry: Part One

Cisco

A 2020 Accenture report – ‘Securing the Digital Economy: Reinventing the Internet for Trust’– forecasts that nearly $350 billion could be lost by the financial services industry to cybercrime by 2025. Knowing this, we put together a two-part blog series to help you assess and improve your financial institution’s security.

Industry 122
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How The Rise Of Private Labels Is Transforming The CPG Industry

CB Insights

Around the middle of the twentieth century, there was what The Atlantic called a “Cambrian explosion” of brands. Tide, Crest, Band-Aid, Lipton, and other branded packaged goods — and the conglomerates that manufactured them — reigned. Store brands from retailers were seen as down-budget choices. Table of Contents.