With the advent of generative AI, customer service is undergoing a massive transformation. Companies are adopting generative AI solutions to improve customer experience, optimize operations, and ultimately increase their bottom line. In this blog post, we will explore the benefits of generative AI for first-level customer service and highlight its various use cases. We will
In today's digital era, AI assistants are playing an increasingly larger role in customer service. These intelligent systems are used to ease the burden on service employees and help customers quickly find the information they need. But while AI assistants offer many benefits, they also come with some challenges that need to be overcome to
From June 28, 2025, the Accessibility Strengthening Act (BFSG) will come into force, which implements the EU Directive 2019/882 on accessibility requirements for products and services. This change in the law particularly affects banks and online commerce, which are obliged to make their products and services barrier-free accessible. Legal situation / requirements The accessibility laws
In a world where partnerships are becoming increasingly important and consumer behavior is constantly changing, co-branded credit cards have experienced a remarkable rise. These innovative payment instruments combine the strengths of different industries, creating unique advantages for everyone involved. But what exactly is behind this concept and what effects does it have on those involved?
In today's digital era, effective application pathways are essential for businesses to improve customer experience and increase conversion rates. But how can companies ensure that their application processes are optimally designed? The answer lies in application route optimization, a process supported by A/B testing and multivariate testing. Why is application route optimization important? The application
Residual debt insurance plays a crucial role for borrowers in protecting themselves against unforeseen events such as unemployment, illness or death. Many lenders used to offer this insurance as a one-off payment to cover the remaining debt in the event of the borrower's death or unemployment. However, this practice has now evolved and more and
Data Management Platforms (DMPs): The Power of Data for Personalized Marketing A data management platform (DMP) is a crucial tool in the modern marketing arsenal as it allows companies to collect, organize and activate data from various sources. It creates detailed customer profiles that serve as the basis for targeted advertising and personalization initiatives. Here's
Kundenabwanderung, auch als Churn-Rate bekannt, ist ein bedeutender Faktor für jedes Unternehmen. Die Vermeidung von Kundenverlusten ist ebenso wichtig wie die Neukundengewinnung, wenn nicht sogar wichtiger. Kundenbindung ist daher von entscheidender Bedeutung für langfristigen Erfolg. Traditionell verlassen sich Unternehmen auf historische Daten und Erfahrungen, um potenzielle Abwanderungsmuster zu identifizieren. Allerdings sind diese Ansätze oft reaktiv
In the ever-growing world of artificial intelligence (AI) and automation, AI assistants are playing an increasingly important role, especially when it comes to personalizing user experiences. But how much potential do AI assistants really have when it comes to the future of personalization? What opportunities and threats does this technology pose? And how useful is
In today's fast-paced world, customer activation is crucial for financial institutions, for example with credit card products, to acquire customers and build long-term relationships. With the right strategy and the appropriate tools, companies can expand their customer base while simultaneously strengthening the loyalty of existing customers. In this article, we will delve into the opportunities