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Challenges and Strategies in Implementing Technology Solutions in Financial Institutions
This chapter delves into the complexities of integrating new technologies in financial institutions, emphasizing the importance of understanding organizational behavior and addressing limitations in capabilities and infrastructure. The discussion highlights the significance of setting achievable goals, starting with quick wins, and gradually tackling pain points to drive customer engagement. Additionally, it explores the benefits of personalized real-time engagement solutions, focusing on AI's potential in enhancing customer service and creating a more tailored banking experience.