Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
FintechFebruary 6 2006

Face the customer

Customer-centricity has long been a buzzword but money-saving innovations such as call centresand online banking can alienate customers and damage your brand. Dan Barnes reports on the measures banks are taken to reassure their customers and reinforce trust.
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

There are growing signs that automation and associated cost cutting could be undermining customers’ trust in your bank. Improving the customer experience is an ideal that all retail banks claim to strive for.

In reality, the top priority for any publicly traded bank is giving a return to the shareholders, and any customer service initiatives are primarily about keeping or growing the customer base, or cutting costs.

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial