Perficient

OCTOBER 20, 2020

The COVID-19 pandemic has already impacted several facets of digital commerce, and many businesses will have to make certain adjustments as holiday spend continues to move online. Move Retail Stores Online. Most consumers are staying at home, meaning fewer are heading into stores and more are shopping online.

Online 484

Online Mobile Management Retail 484

PYMNTS

JANUARY 22, 2019

Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. Yet, the “fundamental problem number one,” according to Stuppy, is that QSRs, for the most part, don’t know what they don’t know about online security.

How To 108

How To Fraud Mobile Online 108

Independent Banker

AUGUST 31, 2021

For us, payments became a key focus at the start of 2019,” says Kathy Strasser, IncredibleBank’s executive vice president, chief operating officer and chief information officer. “We Offering a neutral assessment of where banks are today and where they need to be, this online resource may help community bank leaders determine top priorities.

Trends 91

Trends How To Payments Community Bank 91

PYMNTS

MAY 14, 2020

The pandemic required full-on digitization for many businesses to keep revenue flowing, but simply setting up shop online is no longer enough to keep customers happy. Indeed, according to Laura Miller , president of JPMorgan Merchant Services , customer loyalty is now more important than ever.

Payments 169

Payments Branding Customer Experience Strategy 169

Gonzobanker

JULY 20, 2022

Bank executives are coming to understand that in today’s world, the customer experience (CX) is the product, although not all have made a serious commitment to address newfound competition. The bottom line is this: most banks lack the true management leadership and operating disciplines necessary to execute successfully on digital.

Digital Strategies 170

Digital Strategies Strategy Leadership Customer Experience 170

Perficient

FEBRUARY 17, 2023

Taking out a credit card and entering its number is a friction point that can cause consumers to abandon both online purchases (7% of abandoned online carts are due to not having a credit card handy or the same credit card accepted by the merchant) and in-person purchase decisions.

San Francisco 275

San Francisco Cards Online Payments 275

Perficient

MARCH 4, 2021

It outlines a set of guidelines for designers, content developers, and front-end developers to use to design for accessibility, known as “POUR” – perceivable, operable, understandable, and robust – and furthers the idea that functionality enhances design.

Guidelines 376

Guidelines Technology Video Operations 376

PYMNTS

SEPTEMBER 1, 2016

Sharma is a retail veteran with stints at Apple, Walmart and Williams-Sonoma, where he helped transform delivery and logistics into a critical part of the customer experience. That experience is often undersold and often ignored. And the irony is that where the online channel came about was all about convenience.

How To 101

How To Retail Customer Experience Online 101

PYMNTS

JANUARY 27, 2021

The friction inherent in the basic operations of many healthcare services — from complex payment processing methods to inconsistent appointment management practices — became more salient against the backdrop of the pandemic.

Payments 263

Payments Data Survey Report 263

PYMNTS

FEBRUARY 19, 2018

Iconic French fashion house Chanel has inked a strategic partnership deal with online designer marketplace Farfetch that will focus on deploying the latter’s operating system within the confines of Chanel’s physical boutiques, according to industry news source Business of Fashion. Our position on eCommerce is the same.

Customer Experience 122

Customer Experience Online Strategy Retail 122

Cisco

APRIL 12, 2022

Commerce disruptor Amazon has found value in operating physical stores, financial institutions should be able as well. This strategy allows customers to go, see, touch, question and understand the products by speaking with representatives. Optimize branch operations. Rethink how to execute the branch space.

America 100

America Customer Experience Operations Survey 100

South State Correspondent

JUNE 20, 2024

A manager may oversee the operation of a product, but few banks have product managers who drive product development and performance. The magical equation is more profitable products to more profitable customers, and one way to positively influence this formula is to make more profitable products. As a result, bank performance suffers.

Management 195

Management Training Strategy Compliance 195

PYMNTS

JUNE 25, 2019

Yet, when one views the global digital economy and landscape, it’s easy to think that the whole world of retail is, indeed, moving toward a future that will be defined by online marketplaces. How that’s all playing out served as the foundation for a recent PYMNTS interview with Ning Wang, chief business office for PingPong Financial.

Operations 143

Operations Online Software Payments 143

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. 18% of these consumers opened an account with an online-only direct bank. How to choose the right FinTech partner.

Community Bank 91

Community Bank Community Fintech Guidelines 91

PYMNTS

OCTOBER 16, 2019

We’re excited for this pilot with True Tickets to help us explore how to standardize processes across our partners and create a more consistent customer experience,” said Kyle Wright of Shubert Ticketing and managing principal of Broadway Tech Accelerator. “We

blockchain 108

blockchain Boston US Customer Experience 108

PYMNTS

OCTOBER 16, 2019

We’re excited for this pilot with True Tickets to help us explore how to standardize processes across our partners and create a more consistent customer experience,” said Kyle Wright of Shubert Ticketing and managing principal of Broadway Tech Accelerator. “We

blockchain 100

blockchain Boston US Customer Experience 100

South State Correspondent

JANUARY 23, 2023

ChatGPT is a powerful language model that can understand a variety of languages, including emojis, that can assist banks with increasing the productivity of bankers, improving their customer experience, automating repetitive tasks, and providing personalized financial advice to customers.

Tools 370

Tools Examples Data Analysis 370

PYMNTS

JUNE 8, 2016

Find out how to leverage innovative, already-available technologies during this evolution in the payments industry. This live digital discu ssion will explore the following topics: – Are you future-proofing your eCommerce operations? In fact, you may not even be aware that some changes are already underway. Karen Webster.

CA 100

CA Payments Security Customer Experience 100

PYMNTS

MAY 23, 2019

According to a statement , the beverage behemoth has “announced the launch of PepsiCo Foodservice Digital Lab, a first-of-its-kind suite of capabilities built to connect foodservice operators with the companies, services, insights, and solutions best suited for their specific digital and online needs.”. QSR Innovation.

Innovation 148

Innovation Retail Technology Operations 148

PYMNTS

APRIL 1, 2020

They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible. It also allows them to choose how to direct customers to authenticate payments, such as with or without PINs.

Cards 141

Cards Payments Security Fraud 141

PYMNTS

SEPTEMBER 21, 2020

Mobile ordering is at the center of business operations for Blaze Pizza and many fast casual dining chains today. Companies are therefore investing in solutions and strategizing how to better distinguish between legitimate customers and fraudsters taking advantage of the higher volumes of digital activity.

Fraud 177

Fraud Mobile social media Customer Experience 177

PYMNTS

DECEMBER 28, 2018

bank branches in 2017 “reflects the industry’s ongoing evolution to serve customers more effectively while reducing operating costs.”. There are a few things driving large financial institutions to think about digital transformation, but it starts with customer experience,” he said in April. achieve their personal, ?financial

Fintech 177

Fintech Customer Experience Tools Technology 177

Perficient

AUGUST 15, 2020

The work marketing does to acquire new patients feeds directly into operational teams who then register and schedule patients. Or (coming soon), find out how to build a healthcare journey map. Connect disparate teams. Every health system has teams that work closely and yet speak different languages.

System 332

System Branding Groups Customer Experience 332

PYMNTS

OCTOBER 20, 2017

ATMs have been around for decades, along with the challenges they pose for financial institutions – including security of a machine that can hold hundreds of thousands of dollars; the financial burden of operating a fleet of such complex machinery; and management of the suppliers, solutions and technologies that go into making an ATM tick.

ATM 101

ATM Operations Customer Experience Security 101

Perficient

AUGUST 5, 2021

In my last post, I discussed how insurance companies that demonstrate empathetic knowledge of their consumers and deliver tailored, real-time solutions will build on their noble purpose and gain competitive advantages in a digital operating environment. It starts with putting your customer in the middle of your operating model.

Operations 309

Operations Customer Experience Policies Tools 309

FICO

JANUARY 11, 2022

And to be truly successful, bankers and designers need to create a religion around conversion rates and understand what drives them. The Most Important Conversion Rates (online loan example): Application Rate – The number of people who visit your website or download your mobile app vs. the number of people who apply.

Digital Banking 98

Digital Banking Customer Experience eBook UX 98

PYMNTS

APRIL 2, 2020

In the consumer commerce world, offering customers choice in how they pay for goods and services across channels is an important part of offering an optimal end-user experience. For B2B customers, receiving paper invoices and mailing paper checks has its drawbacks as well. Accelerating Collections.

Payments 160

Payments Cards Customer Experience User Experience 160

PYMNTS

JULY 11, 2019

And payments plays a big role in all those efforts — even though many companies don’t yet to seem to realize how to get the most from transactions. Services are operated so differently,” Koopman said when asked to explain such differences. In general, she said, customer onboarding is a hot place for service providers to innovate.

Innovation 147

Innovation Retail System Course 147

South State Correspondent

AUGUST 10, 2023

Maybe an incoming payment was not processed by another bank, for example, and the customer never received funds. It eats up a substantial number of resources for a bank and often causes a less-than-optimal customer experience. Gaining experience with a modern core allows the bank to operate at a lower cost in the future.

System 195

System Examples Operations Data 195

Perficient

JANUARY 7, 2021

They had to change the way they operate with new social distancing guidelines. But, we’ve learned how to deal with related issues a little better. From retail to consumer goods, online and mobile sales are up significantly. They also found that the customer experience is often just as good, if not better.

Marketing 309

Marketing Industry Mobile Massachusetts 309

PYMNTS

APRIL 16, 2018

Analysts are forecasting a rise in B2B buyers seeking products online, with the customer experience the driving factor of growth and success for B2B eCommerce players. Amazon Business, the eCommerce giant’s B2B platform, said last year it now has more than one million business customers , and more than 85,000 sellers.

Customer Experience 108

Customer Experience System Software Data 108

PYMNTS

MARCH 15, 2019

Connected commerce is among the hottest trends in retail, and not just for streaming or ridesharing or online gaming services, but for subscription purchases, too. For those online transactions that rely on cards on file to complete recurring payments, however, that figure tends to drop to the 60 percent range on average, he said.

Retail 146

Retail Payments Cards United States 146

Gonzobanker

JANUARY 17, 2020

In the soon to be released What’s Going On In Banking study, Cornerstone ’s Ron Shevlin shows that both bank and credit union execs are most fearful of big tech (Amazon Prime, Venmo, Apple Card) primarily because of their great data reach and ability to drive customer experience. This must change from the top.

Customer Experience 125

Customer Experience Fintech Regional Cards 125

PYMNTS

JUNE 11, 2020

The company allows online and offline consumers to purchase products with installation included, and then uses connecting technology to facilitate the assembly with an installation service provider. “It We have an online training center where they go in, watch videos and take tests. Retargeting strategies have helped in that effort.

San Diego 141

San Diego Training Strategy Retail 141

PYMNTS

JANUARY 22, 2021

Consumers are going online to complete their shopping during the pandemic — even for major purchases typically done in person, such as buying a car. Westlake has already sent several million dollars over the RTP network during the pandemic, according to Westlake’s Director of Accounting Operations Raul Alvarez.

Security 141

Security Fraud Tools Customer Experience 141

PYMNTS

APRIL 16, 2020

As of the end of 2019, eCommerce was about 15 percent of total commerce, Ekata Vice President of Strategy and Operations Arjun Kakkar told PYMNTS in a recent conversation. PSD2 and SCA have strong intentions behind them — to make online commerce better and safer for the consumer,” he said.

Meeting 170

Meeting Fraud Analysis Data 170

Insights on Business

FEBRUARY 27, 2019

Think of the changes in the past ten years in terms of how we deal with our banking needs. We moved from telephone banking to online or internet banking. It is hard to remember how we managed with the rudimentary tools of ten years ago; so turn on your imagination and wonder what banking will be like ten years from now.

Customer Experience 107

Customer Experience Mobile Millennials Examples 107