Customer Experience Meets Digital Experience
Technology is driving a radical shift in the way consumers and businesses bank. While customer experience (CX) has always been important to financial institutions, it has now becoming a core component of every operation in the banking industry as their customers are demanding a faster, secure and personalized experience. This eBook discusses ways that banks can modernize and improve their business practices, branches, and technology to meet the expectations of today's customers.
What you will learn in this eBook:
- DX in Banking – learn about top trends, how to create personal customer engagements, and the actions you can take to differentiate your value from the competition
- Best Practices – learn how other banks are using digital technology to predict customer behavior and embrace a customer-centric mentality
- Security & Compliance– learn how you can ensure customer data is secure and meets regulatory compliance
What Is a 'Defensible Answer,' and Why Does It Matter?
A defensible answer is an AI output the business would trust, explain, govern, and act on — and that an auditor would accept. 'Defensible answer' is a Progress term rather than a legal test. The requirements that apply to high-risk AI systems are set out in Chapter III of the Act and must be assessed against their own terms.