Trend Report

Notifications In Regulated Industries: Financial Services

This Infographic Outlines The Current Environment, Challenges, And Solutions For Secure Messaging

Fatemeh Khatibloo
Julie Ask
 and  four contributors
May 17, 2019

Summary

Three-quarters of financial services, insurance, and healthcare firms are using SMS or push notifications. Their primary objectives? Improving the customer experience and reducing operational costs, such as inbound calls to the contact center, fraud, and appointment no-shows. But messaging remains aspirational for most firms, as the combination of risk-averse compliance teams and restrictive regulations prevents them from sending content in mobile messages that would achieve these goals.

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