Read the original blog post here.
Here is a brief summary of the article:
- The pandemic accelerated omnichannel adoption and brought immense pressure on banking and telco to have digital-first offerings.
- Banks can personalize services by leveraging customer analytics.
- Data-driven marketing strategy helps banks to be proactive and provide highly targeted messages.
- Telecoms need to get rid of silos, reorganize structure based on the customer, and obtain an end-to-end view of all touchpoints.
- Banks have a longstanding relationship with their customers and better customer data quality.
- Both sectors can benefit from using a customer data platform (CDP) to bring all data together and act upon it.