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Regions Bank Taps IBM’s AI to Power Next Generation Customer Service

Jana Simmons by Jana Simmons
August 24, 2023
in Customer Service
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Regions Bank Taps IBM’s AI to Power Next Generation Customer Service

IBM announced that Regions Bank has decided on the business enterprise’s artificial intelligence (AI) technology to help enhance customer service and help bankers in regular work.

In today’s digital world, the customer revel in remains paramount. An extraordinary sixty-two % of banking customers will consider switching to a competitor after only 1-2 awful studies, and greater than 90% of clients’ percentage information about bad experiences with others. Customer provider specialists realize that most questions don’t constantly require lengthy troubleshooting. Agents spend their time answering similar queries instead of focusing on more excellent complex, high-quality instances.

To make sure a fine consumer revel in, Regions Bank uses Watson in its touch centers to assist both clients and employees. The corporation’s Banker Assist harnesses Watson Assistant to offer bankers guidance on purchaser inquiries, enabling them to resolve customer support wishes faster. With Banker Assist, employees can use AI-powered seeks to provide quicker call resolutions and extra consistent solutions when confronted with a question. Already, seven hundred professionals at the financial institution rely upon Watson to finish purchaser hassle resolution.

Regions Bank Taps IBM’s AI to Power Next Generation Customer Service 1

Additionally, while customers name Regions, many interact without delay with Watson Assistant receiving rapid and consistent solutions to their questions. They can get assistance on the diffusion of issues, including updating private records and navigating the Regions Bank website. Letting Watson take on the more customary questions lets in provider representatives to tackle the more great intellectually challenging questions, spend more time attractive with customers, and be higher informed to remedy problems. Over time, Watson might be skilled on different obligations, including reading clients’ tones to determine while a purchaser ought to be transferred to a stay agent.

Jana Simmons

Jana Simmons

Web expert. Reader. Travel advocate. Total problem solver. Bacon scholar. Introvert. Food ninja. Writer. Internet trailblazer. Spent 2001-2007 consulting about action figures for fun and profit. Earned praised for my work training karma in Naples, FL. A real dynamo when it comes to managing carp in Fort Lauderdale, FL. Set new standards for supervising the production of basketballs in Miami, FL. Spent the 80's working with human hair in Deltona, FL. Earned praise for importing cabbage with no outside help.

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