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The UK Car Finance Mis-selling Scandal & How IDP Can Help

Lightico

The UK car finance industry is currently facing a significant challenge as the Financial Conduct Authority (FCA) investigates past lending practices. This would further strain bank finances and potentially damage their reputation within the regulatory landscape.

Finance 52
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How to get started with AI in 5 simple steps

CommBox

Things we knew in 2023: Leveraging AI greatly increases the operational efficiency of your business – impacting everything from customer satisfaction to cost savings. Businesses of all sizes and across all industries need to find the best way to integrate AI technology into their daily business operations.

AI 98
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Banking on Great Conversations

Uniphore

For the finance industry, the global pandemic was a watershed moment. Customers unable to access their branch locations increasingly took to digital channels for their customer service needs. Today, conversational AI is helping businesses capitalize on every customer interaction across every channel. Download Now.

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Top 5 Business Phone Systems for Banking and Finance

Hodusoft

The latest trends and innovations in business phone systems for the banking industry include features such as cloud-based solutions, AI-powered virtual assistants, and integration with other communication channels such as email and chat. What to look for in a business phone system for banking and finance?

Finance 52
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Payment Due Date Change Requests and Other Auto Finance Lender Challenges During Economic Recessions

Lightico

Allowing due date changes can help borrowers better manage their finances by aligning their car loan payments with their income schedule. 3 Customer Satisfaction Providing flexibility in due dates can improve customer satisfaction and build positive relationships with borrowers.

Finance 52
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Banking Needs Humans & Machines to Deliver Better Experiences

Uniphore

The challenges of the pandemic thrust banks that were struggling to remain relevant and their customers who were still digital holdouts into the same situation: learn how to shift banking activity from in person to online practically overnight. And shift we did. Between 2020 and 2021, financial technology adoption grew from 58% to 88% of U.S.

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Ethics of AI in CX

Zendesk

According to the Zendesk Customer Experience Trends Report 2023 , 73 percent of consumers expect more interactions with AI in their daily lives and believe it will improve customer service quality. Like Spider-Man uses his spidey senses for good, businesses can use AI to improve their customer experience.

AI 52