How to Make Consumers Love Their Banks

Banks lack the emotional connection with consumers that drives trust and loyalty – a requirement if they are to keep Google and PayPal from stealing their vital transaction business. To fight back, banks need a transformation focused on customer experience.

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Achieving Customer Centricity in Retail Banking

The banking industry is witnessing a permanent shift in consumer expectations around their banking relationships. Mobility and social media are creating a new marketplace where consumers expect anytime, anywhere access, with a high level of service and…

Banks Betting Big on Big Data and Real-Time Customer Insight

A recent survey of banking executives around the world found that more than 70 percent say customer centricity is very important to them. Among other attributes, they cite customer centricity as key to helping staff better understand customer profitability. Bankers also see it as the doorway to providing customers with a consistent and personalized experience.

In short, the survey evidence is strong that banks are finally ready to focus on the customer experience—and to leverage big data and advanced real-time analytics tools to help build better relationships and deliver exactly what customers want.

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FMLA Intermittent Leave

One of the biggest employer complaints about the Family and Medical Leave Act (FMLA) has long concerned the productivity problems caused by employees’ use, and abuse, of intermittent leave.The Department of Labor took a big step to help minimize …