For banking to go digital, the first steps need to begin with empathy
Use tech to resolve issues that can be anticipated by just putting themselves in customers' shoes
DeeperDive is a beta AI feature. Refer to full articles for the facts.
IT SEEMS like a natural course correction with the virus outbreak. As banks have to limit physical interactions with customers, more transactions are moving online.
Banks are easily reporting surges in online transactions ranging from investments to corporate fund transfers, as the virus outbreak has made customers in part more comfortable with going digital.
But it is also an opportune time to remind banks of how service standards can be further improved for banking customers.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar