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Coronavirus Forcing Financial Institutions to Revamp Contact Centers

The Financial Brand

Impact hits training, technology, resilience and operations as consumers seek answers. Home-based agents and gig workers are two options. The post Coronavirus Forcing Financial Institutions to Revamp Contact Centers appeared first on The Financial Brand.

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Are Video Teller Machines the ‘Branch of the Future?’

Gonzobanker

Centralizing teller staff reduces turnover ratio, attracts higher quality applicants, and affords consistent training and communication of best practices, sales goals and promotions. Branch locations without ITMs typically require two to four employees to operate each branch for extended hours. Extended Hours.

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Are Video Teller Machines the ‘Branch of the Future?’

Gonzobanker

Centralizing teller staff reduces turnover ratio, attracts higher quality applicants, and affords consistent training and communication of best practices, sales goals and promotions. Branch locations without ITMs typically require two to four employees to operate each branch for extended hours. Extended Hours.

Video 60
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Talking in a Digital World

Independent Banker

But in today’s world of proliferating digital devices and communication options, customer contact centers, once operating primarily as telephone switchboards, are turning into full-service and multichannel communication hubs. A recent ICBA poll found that 16 percent of member community banks operate contact centers. 1% Don’t know.

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Efficiency now: 8 smart strategy tips

Independent Banker

Consider your branch strategy. Assessing the value of bank branches is an exercise that began long before the pandemic, but vaccine and mask mandates added new considerations to the debate. Community banks need to take advantage of the digitalization of banking operations.”. ? Invest in tomorrow’s talent. Connors, Jr.,

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How About Profits in the Branch of the Future?

Jeff For Banks

But let’s not forget that we have past experiences with a “light branch”; namely the declining in-store branches. These branches were notorious for being low-balance transaction-oriented branches that did not enjoy great success. mBank’s light branch depicted above is located in a mall.

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Breaking Branch Mediocrity

Jeff For Banks

Why add a protective wrap of additional employees around your branches? Because branch staff are too busy with operational duties to go out into the community and pro-actively hunt for business. I’ve been to a lot of branches as I travel the land looking for opportunities for banks to improve profits.