AI collection agents are revolutionizing debt recovery in financial services by automating processes and enhancing customer interactions across multiple channels. These systems improve recovery rates by up to 25% while maintaining customer satisfaction, making them essential for banks, fintechs, and collection agencies. As technology advances, organizations that adopt AI collections will gain a competitive edge in managing debts effectively and efficiently.

Affirm has launched "AdaptAI," an AI-powered promotions platform for merchant partners, allowing them to offer personalized financial benefits to customers at checkout. This includes tailored APR rates and payment terms based on individual shopping behaviors and preferences, enhancing customer satisfaction and engagement.

The article discusses how DoorDash leverages AI models to enhance its understanding of customer preferences and optimize delivery logistics. By analyzing data patterns and user behavior, DoorDash aims to improve service efficiency and customer satisfaction.

The article discusses practical applications of AI in design, focusing on how it enhances understanding of customer needs, speeds up content creation, and aids in organizing and synthesizing data. The author shares specific examples of using AI tools for tasks like uncovering customer pain points, synthesizing interviews, and enriching data, all while emphasizing that AI complements rather than replaces human creativity.

Discover how real-time customer intelligence is essential for enhancing AI-powered customer experiences, overcoming the cold start problem that often hinders personalization. This webinar will explore methods for delivering real-time context and improving adaptive user interfaces, making it ideal for product leaders and engineering teams focused on intelligent applications.

Pricing has evolved from a mere financial decision to a critical component of the product experience, particularly in AI-driven environments. Companies must treat pricing with the same strategic attention as product features to prevent user confusion and churn, ensuring that it is testable, observable, and responsive to customer needs. A new series will explore how to effectively design and implement modern pricing models.

A recent survey reveals that while 97% of U.S. e-commerce companies report a positive ROI from AI investments, only 25% note slight improvements in customer experience. Most companies spent an average of $403,000 on AI, primarily focusing on customer service and marketing analysis, yet transformative benefits remain elusive.

AI is revolutionizing the payments industry by enabling merchants to effectively combat fraud, recover failed payments, and enhance customer experience. The guide highlights how AI-driven strategies are reducing chargebacks, optimizing payment recovery, and ensuring compliance with evolving regulations. Businesses can leverage these insights to protect revenue and minimize customer churn.

The article discusses the importance of aligning team OKRs with company objectives, particularly in the context of AI integration. It offers prompts for drafting OKRs that focus on enhancing team efficiency and customer experience through AI. The piece emphasizes the need for clarity in leadership's AI priorities and provides examples of potential OKRs for a fictional travel company.

Customers are significantly more likely to disengage from services delivered by AI or robots when warmth is essential to their satisfaction, particularly in industries like hospitality. Up to 30% of users may stop using a service if it lacks the personal touch of human interaction.

The rise of agentic AI is transforming consumer behavior, leading to a new breed of shoppers who expect personalized, seamless interactions. Businesses must adapt to these changes by leveraging AI technologies to enhance customer experiences and streamline operations. Understanding the implications of these advancements is crucial for maintaining a competitive edge in the evolving retail landscape.

Financial institutions are increasingly integrating AI technologies into their operations, with 94% of firms considering AI central to their strategies. A recent survey finds that generative and agentic AI are transforming customer interactions, enhancing productivity, and improving regulatory compliance, as firms seek to leverage these tools for operational excellence. The financial services sector is leading this AI adoption due to its data-intensive nature and the need for advanced compliance solutions.