Banking and Financial Services

The current economic slow down has impacted the banking industry most of all. Bankers have to now redefine the way they manage their front line in order to grow their bottom line.

The Banking and Financial Services Industry (BFSI) is seeking innovative methods to:

  • Reduce the cost of acquiring customers
  • Contain their customers on the web
  • Reduce their contact center costs

We provide our predictive interaction solutions to banks, insurance companies and diversified financial services companies to help them address the above needs.

Our solutions help companies across the US, UK and Canada in customer acquisition, activation, up-selling and cross-selling add-on financial service products, and customer support for retail banking, pre-paid financial products and insurance.

Our solutions enable you to:

  • Promote self-service and web containment™ to reduce the number of calls through Px for Service
  • Reduce cost per acquisition through targeted acquisition online and over the phone using Px for Sales
  • Identify and reduce repetitive enquiries from a single entity or customer using Px for Service
  • Identify Voice of Consumer across the customer lifecycle through 24/7 tweetview™ and leverage insights for product development in the credit card business
  • Establish predictable contact centre operational performance through 24/7 Outperformance platform
  • Improve CSAT/ JD Powers/ ACSI ratings proactively

Some of our successful implementations for financial services companies are:

  • 2% to 12% increase in conversion for a leading bank in the UK using Px for Sales
  • 18% to 29% increase in conversion for a leading financial services provider in the US using Px for Sales
  • 69% to 94% increase in CSAT scores for a leading bank in the UK
  • 34% increase in pre-paid activation for a US-based on-line prepaid card provider
  • 126% increase over the Sales Per Hour (SPH) target for a Top Ten credit card issuer in both the US and UK
  • 112% increase over the conversion target rate in telemarketing for a leading credit card issuer in the US

Customer Accolades

Customer Accolades

  • "Very proud to bring people to the 24/7 centre. If I had time to meet just one vendor in India, it would be 24/7 Customer"

    Director
    Customer Satisfaction, largest credit card seller in the UK

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