Social Banking: Leveraging Social Media to Enhance Customer Engagement

As banks attempt to integrate the new channels, there has also been a gradual shift in informational and transactional touchpoints between banks and their customers. For example. if a customer transfers funds using the internet, he is not interacting with banking staff. This becomes a lost opportunity for the bank to learn more about that customer through conversational interaction, build customer rapport, and understand the reason behind that transaction.
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