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How FinTech Keeps Banks Focused On Customer Experience With AP Automation

PYMNTS

FinTechs are helping banks focus on the customer experience through accounts payable (AP) automation. told PYMNTS in an interview that banks foundationally value “the relationship they have with the customer” and “they understand the customer.” AvidXchange Senior Vice President of Financial Services Boyce Adams Jr.

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Burger Intelligence: Shake Shack AI Takes Ordering, Customer Experience To The Next Level

PYMNTS

Some experts even predict that these shifts will be permanent, meaning there could be long-term implications for restaurants’ customer engagement strategies in the future. Shake Shack On Leveraging AI, ML To Drive Customer Experience. For more on these and other stories, check out the Trackers News & Trends section.

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Getting real about real-time payments in the United States

Accenture

Instant payments are also top-of-mind as customer experience becomes the currency of competitiveness in retail and commercial payments. The United States is an instant payments laggard compared to the rest of the world. Despite these challenges, there is momentum in real-time payments adoption in the United States.

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RILA On How United States Retailers Are Responding To Changing Privacy Rules

PYMNTS

Retailers are dutifully speaking with their payment service providers (PSPs) and industry partners to adhere to these shifts, but they must also keep their customersexperiences in mind. Personalized experiences require merchants to have access to data — a crucial resource in helping them distinguish themselves from competitors.

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How CFOs approach tech spend

BankInovation

Major banks in the United States are increasing tech investment for added efficiencies and frictionless digital experiences — which has become the consumer’s expectation since the pandemic.

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Opportunities And Challenges In The Digital-First Era

PYMNTS

Department stores are struggling in a digital-first economy, while forward-thinking retailers are looking at the returns process as an opportunity to create a positive customer experience. 97% : Share of consumers who will buy from a retailer again after having a positive returns experience.

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Santander to launch Openbank in the US

The Paypers

Santander has launched a new national, digital offering in the region of the United States under the Openbank brand, aiming to improve customer experience.