UMB Financial
Medallia AI speech analytics for contact-center improvement
Medallia reported a 20% improvement in UMB's first-call resolution after speech-led service changes
Problem
UMB Bank's existing customer experience tools did not provide useful feedback quickly enough. The contact center received around 1.2 million calls annually.
Approach
UMB used Medallia Speech Analytics and AI to identify why customers called. Staff used the findings to change online services and agent coaching. Medallia associated these changes with better first-call resolution and cost savings.
Results
Takeaway
The reported gains followed service changes informed by call analysis. They combined AI analysis with staff action.
Categories
- Industry
- Finance and insurance
- Business function
- Customer service
- Innovation type
- Process innovation
- Adoption
- Vendor solution
- Evidence
- Vendor case study
Sources
Source summaries
Medallia described AI speech analysis at UMB and the service changes it informed. It reported a 20% improvement in first-call resolution and millions of dollars in savings.
Full details are in the original sources.