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The essential Artificial Intelligence (AI) glossary for contact centres

Logicalware

Artificial Intelligence (AI) has transformed contact centres, improving customer experiences and operational efficiency. However, it’s important to recognise that AI is an umbrella term encompassing various subfields and techniques. What is Artificial Intelligence (AI)?

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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
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Harnessing the Power of AI in Lending: Leveraging Artificial Intelligence to Revolutionize Loan Originations Servicing and Document Management

Lightico

Artificial intelligence (AI) has revolutionized various industries, including financial services and lending. AI has emerged as a powerful tool to process document based unstructured data, transforming document collection, management and lending processes. However, extracting meaningful information from this data has been a challenge.

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New Year, New Rules: Consumer Trust, Data Privacy And Compliance In Contact Centers

CSAT.AI

Privacy compliance in contact centers poses unique challenges. Europe’s General Data Protection Regulation (GDPR) was just the beginning of attempts to bring more privacy and compliance protection to consumers. Contact Centers, Privacy and Compliance. Compliance and Consumer Trust. From GDPR to CCPA.

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CX Outsourcing: Navigating Trends, Challenges, and Opportunities

Execs In The Know

Outsourcing customer experience (CX) functions has become increasingly popular as organizations strive to streamline operations and enhance customer satisfaction. In an era where customers hold the power, their experience with a brand can make or break its success.

CX 85
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The UK Car Finance Mis-selling Scandal & How IDP Can Help

Lightico

This would involve reviewing loan agreements, sales records, and commission structures to assess compliance with regulations. Strengthened Compliance: Banks should review and strengthen their compliance procedures for car finance. This can include interest rates, fees, loan terms, and customer information.

Finance 52
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What Does Generative AI Mean for The Future of Marketing?

SugarCRM

AI technology has revolutionized the way organizations carry business worldwide. Most AI applications, however, revolve around facilitating sales and marketing operations. Companies that flirt with generative AI experience higher customer satisfaction, productivity, and overall growth rates.

AI 26