Itau Unibanco where customers prefer the digital
Banking Frontiers|January 2023
The bank endeavours to become an ideal destination for customers to do banking totally digitally:
Itau Unibanco where customers prefer the digital

Brazil's largest private bank, Itau Unibanco, has several landmarks in its march towards a modern universal bank having adopted digital platforms for its transformation. The bank today has one of the most innovative models for digital services with new digital channels for operations, high-end digital branches and state-of-the-art mobile technology for interactions with customers.

One of the first initiatives in its digitization efforts, which started way back in 2013, is the introduction of a process where every customer need is addressed remotely and most often instantaneously. The customer does not have to visit a branch for this purpose as the interactions are through chats, phone messages and videoconferencing. When the system was finally put in place, the bank could strengthen its relationship with the customers, enhance their satisfaction levels and process efficiency and finally have an impact on the bottom line.

The bank today has been able to reach a level where its customers prefer to bank through digital channels even as almost all of the transactions are made through electronic channels, thereby reducing cost and increasing profits.

LARGEST PRIVATE BANK

Esta historia es de la edición January 2023 de Banking Frontiers.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición January 2023 de Banking Frontiers.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE BANKING FRONTIERSVer todo
Key Russian central bank official leaves
Banking Frontiers

Key Russian central bank official leaves

The First Deputy Governor of Bank of Russia Olga Skorobogatova is leaving the central bank in early December.

time-read
1 min  |
December 2024
Better prospects for Swiss banking in 2024, says new study
Banking Frontiers

Better prospects for Swiss banking in 2024, says new study

The year could see revitalization of the banking to some extent, finds the study by Swiss Bankers Association:

time-read
3 minutos  |
December 2024
Ease of use, personalization & consistent engagement promotes digital loyalty
Banking Frontiers

Ease of use, personalization & consistent engagement promotes digital loyalty

Murari Lal, Head - Digital Initiatives, Shivalik Small Finance Bank, delves into platforms, loyalty and Al:

time-read
4 minutos  |
December 2024
From Feet on Street to Fingers on Screen
Banking Frontiers

From Feet on Street to Fingers on Screen

Nippon India Mutual Fund is driving into newer customer segments by leveraging voice and vernacular as the drivers, reveals the company's Chief Digital Officer Arpanarghya Saha:

time-read
9 minutos  |
December 2024
Digitization embraces the senior citizens
Banking Frontiers

Digitization embraces the senior citizens

Among other projects, Shriram Capital completely transformed the 2-wheeler loan origination system, reveals the company's Chief Digital Officer Ajay Thomas:

time-read
8 minutos  |
December 2024
Making of the most connected bank in Bangladesh
Banking Frontiers

Making of the most connected bank in Bangladesh

A stream of digital initiatives is transforming Mutual Trust Bank and its customer engagement, reveals Khalid Hossin, who heads the bank's digital banking division:

time-read
7 minutos  |
December 2024
Digital embraces Archaeological Tourism
Banking Frontiers

Digital embraces Archaeological Tourism

Chief Digital Officers are leading tremendous transformation initiatives. Five CDOs reveal their fascinating journey and their ambitious goals:

time-read
4 minutos  |
December 2024
Tech will bridge Advisory and Education
Banking Frontiers

Tech will bridge Advisory and Education

Venkatesh Naidu, CEO, Bajaj Capital Insurance Broking:

time-read
5 minutos  |
December 2024
AI bridges Protection and Prevention
Banking Frontiers

AI bridges Protection and Prevention

Gyanendra Singh, Chief Technology Officer, Aviva India:

time-read
3 minutos  |
December 2024
Bridging Products & Distribution for Rural Markets
Banking Frontiers

Bridging Products & Distribution for Rural Markets

Vikas Mittal, Deputy CEO, and Amit Thapliyal, Chief Technology Officer, Magma HDI General Insurance:

time-read
4 minutos  |
December 2024