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Customer Experience – How Service Focused Banks Measure Their Performance

South State Correspondent

It is no surprise that these banks not only have higher customer experience performance but have a higher return on equity numbers. A better customer experience means less churn, a longer account life, more repurchases, more cross-sell, lower operating cost, greater trust, and more forgiveness.

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Rethinking the Customer Experience: Themes from the 2017 Model Bank Submissions

Celent Banking

This is the third article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. Articles from this week on will explore some of the broader themes within each category. Customer experience initiatives are typically the most numerous. Submissions were a mix of the two approaches.

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Fintechs’ Cool Factor vs. Banks’ Staying Power: Which Will Prevail Long-term?

The Financial Brand

This article Fintechs’ Cool Factor vs. Banks’ Staying Power: Which Will Prevail Long-term? appeared first on The Financial Brand. Sleek fintech apps attract new customers, but traditional banks offer stability, guidance, and comprehensive financial services. appeared first on The Financial Brand.

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Insights and understanding – the key to customer experience?

NCR

Customer experience and the relationships consumers have with their banks have never been more important. Fintechs are carving out their niche in the financial services industry by making the needs and expectations of the modern-day consumer their number one priority. Image credit: iStock/Jirsak.

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What Bankers Still Need to Learn from Their Fintech Competitors

The Financial Brand

This article What Bankers Still Need to Learn from Their Fintech Competitors appeared first on The Financial Brand. Innovative fintech companies have acquired millions of users who regard them as virtual "banks." Here's how traditional banks and credit unions can match their very successful competitors.

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Wondering Where to Invest in Banking Tech? Here Are Three Case Studies

The Financial Brand

This article Wondering Where to Invest in Banking Tech? Here Are Three Case Studies appeared first on The Financial Brand. Here's how one bank, one credit union and one fintech made tech upgrades that improved employee and customer experience. This article Wondering Where to Invest in Banking Tech?

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What Financial Marketers See as Their Priorities and Challenges for 2024

The Financial Brand

This article What Financial Marketers See as Their Priorities and Challenges for 2024 appeared first on The Financial Brand. A survey of marketers at banks, credit unions and fintechs illustrates the need to pivot in response to marketplace dynamics and highlights the challenges that must be overcome to succeed.