article thumbnail

Future of Customer Experience in Digital Banking

Banking 2020

This digital experience is vital, as it determines whether they should stay or move to different banks for better service. Across the globe, adoption of mobility is surpassing the Internet and all other channels in banking. So, the ‘customer relationship’ itself has undergone a massive disruption along with technology.

article thumbnail

Regions using AI to make most of customer feedback

American Banker

Over the past year, the Alabama bank has been developing new tools that analyze survey responses, phone interactions and social media posts to identify opportunities to improve digital offerings.

Alabama 71
article thumbnail

Banking Shift: 3 Ways the Debt Industry is Changing

Banking 2020

Furthermore, the CFPB is expected to give clear guidelines on using SMS, email, and social media in debt collections. A clear rule from the CFPB, no matter how restrictive the guidelines may be, means an open race to using digital media and its advantages: real time communication, 24/7 availability, data feedback and more.