Remove Analysis Remove Customer Experience Remove Digital Banking
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What You Should Be Doing Now to Prepare for 5G in Financial Services

Perficient

Imagine the impact of having 5G-enabled robots capable of conversing with customers and assisting them with financial transactions, or smartphone data that makes it easier to push marketing or advisory content to customers in specific moments of need, or customers easily navigating through branches and receiving personalized greetings.

Mobile 340
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Is Stand-Alone The Future Of Digital Banking?

PYMNTS

As the world goes increasingly digital, banks are struggling to decide how they should package their digital service offerings. Should they fold digital banking services into their existing traditional brick-and-mortar accounts, or spin them off into stand-alone, digital-only entities? Why spin out?

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Improved Digital Banking Customer Experiences Requires Operational Excellence

The Financial Brand

Operational improvement in banking provides the foundation for increased efficiencies, improved customer experiences and new business models. The post Improved Digital Banking Customer Experiences Requires Operational Excellence appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Combating ATOs With Multifactor Authentication, Behaviors Analysis And Customer Education

PYMNTS

One advantage to adopting this approach is that it does not require customers to change their behaviors. Behind-the-scenes methods like voice-based authentication can help FIs safeguard the customer experience while tightening security. Invisible Security.

Analysis 132
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How HSBC Uses AI To Boost Its Digital Banking Immune System

PYMNTS

But as Jeremy Balkin, head of innovation for Swiss bank HSBC , recently told PYMNTS, even AI and ML need assistance sometimes — from humans. . When you find actionable insights, how do you act on them?” “The best person to determine whether there was a [fraudulent activity], for example, on a credit card, is the customer,” he said.

System 123
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Feel-good banking: Improving customer experience through personalization

NCR

One thing that seems clear is that, with the emergence of alternative providers and increasing personalization through apps and digital banking, a ‘one-size-fits-all’ approach is no longer enough to achieve a high standard of customer experience. Image: iStock/diego_cervo.

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Future of Customer Experience in Digital Banking

Banking 2020

Digital banks are no longer in the ‘money’ business but rather, in the ‘value’ business. This value is not just providing a functional benefit but also a holistic experience, (i.e. what, when and how’ of the benefit), that customer values in the experience-based economy.