Keep on top of compliance Today, customers demand transparency, personalisation, and value, while the FCA is asking for renewed focus on vulnerable customers and evidencing good outcomes. How do you do it all? James and Simon will be diving into this and more, as they provide strategic insight and pragmatic advice for contact centres in…
Read moreDo androids dream of electric empathy? How AI is leading to a humanless customer experience
We discuss how human interaction and customer service conversations will be overtaken by the evolution of AI. It’s 8 years since Alice & Bob, two Facebook AIs, had their famous conversation on Meta’s (Facebook’s) digital channels. The result was a trip to say the least. Facebook shut them down and we all had a giggle…
Read moreFCA update: supporting vulnerable customers and how firms need to improve
The Financial Conduct Authority (FCA) has today released an important update on firms’ treatment of customers in vulnerable circumstances. This latest review highlights both positive progress and areas that still need improvement, reinforcing the critical role that firms play in ensuring fair outcomes for all customers. Key findings from the FCA’s review The FCA’s update…
Read more5 obstacles to good consumer outcomes and how to fix them
The Financial Conduct Authority’s (FCA) Consumer Duty regulation has set a benchmark for financial firms, emphasizing the need to deliver good consumer outcomes. While the initial deadlines for compliance have now passed, the FCA has made it clear that Consumer Duty is not a ‘once and done’ exercise. Firms must continue to demonstrate improvements, ensuring…
Read moreFrom obligation to opportunity: innovating under Consumer Duty
Discover how your call center can implement consumer duty best practice to stay compliant and competitive. The introduction of Consumer Duty by the Financial Conduct Authority (FCA) in 2023 placed a renewed emphasis on prioritizing good consumer outcomes, fairness, and protections for customers. While it’s essential to meet regulatory requirements to avoid heavy financial penalties…
Read moreIntroducing xMetrics: the Voice of your Customer has never been clearer
Imagine you could understand the specific reason why customers are repeatedly contacting you, at scale. What if you could uncover not only the number of customers you have that are vulnerable, but why? Enter predictive Voice of the Customer metrics: AI-driven insights that allow contact centers to anticipate customer experience issues before they escalate….
Read moreThe experience economy: how to drive ROI, loyalty and CX insights
Finance guide for customer experience The importance of customer experience in today’s economy is difficult to overstate. The cost of living has shifted customers’ priorities, industry regulations are getting tighter, and everyone is competing for consumers’ attention – and loyalty. This guide condenses the challenges and opportunities down to the need-to-know level, before providing a…
Read moreMyth: Post-call surveys are the only way to collate customer feedback
In the fast-paced world of customer service, delivering satisfaction is key. Contact centers, the frontline of customer interaction, have long relied on post-call surveys to gauge a range of metrics like customer satisfaction, customer effort and Net Promoter Scores (NPS), in a bid to try and unearth what their customers really think. It could be…
Read more7 reasons why CX can’t hang up on the voice channel
May 1st saw our CCO James Marscheider team up with Director of Product Marketing and GTM Nadine Edmondson to explain why customers need not overinvest in digital channels. There were tons of great insights, but we’ve whittled down the masterclass into seven great takeaways that might have you reconsidering your channel mix. We’ve got plenty…
Read moreMyth: I need to invest more in digital to meet customer demand
Truth: No, you don’t. This is a common misconception we see contact center leaders get tied up in time and again. The rise of digital channels certainly can be a good thing, but there are other areas you need to focus your budget, training and resource on too. In fact, we’re even running a masterclass…
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