‘We don’t want to be in a situation where the customer is creeped out’: How Barclays US is using AI

The race to become the customer’s mobile digital banking ecosystem is getting tighter — and Barclays wants in.

The bank behind popular co-branded cards including Uber, American Airlines, JetBlue and a host of other retail partners is using customer data to suggest products and understand the root causes of customer complaints. It’s an approach large banks like Capital One and JPMorgan Chase as well as startups like Credit Karma and MoneyLion are using to push insights and recommendations that are most relevant to the customer’s spending behavior and product preferences.

The transatlantic consumer, corporate and investment bank’s U.S.-based business is also moving beyond credit cards, savings accounts and loans to launch a full-service digital bank later this year.

Digiday’s sister publication Tearsheet spoke with Mona Jantzi, managing director of strategic analytics and customer experience, to learn more about how Barclays is using data to create personalized experiences for customers.

Read the full story on tearsheet.co

https://digiday.com/?p=284732

More in Marketing

Marketers are keeping a close eye on Amazon’s shoppable Prime ads this Thanksgiving

Media buyers will be experimenting with new formats over the long weekend. 

The header image shows the silhouette of a woman.

‘You don’t want to be discounting so much’: Confessions of a media buyer on the challenges of an extended Black Friday Cyber Monday

In the latest edition of our Digiday Confessions series, in which we exchange anonymity for candor, we hear from a media buyer on how the extended sales window means brands need to get more creative and the challenges of deeper discounting. 

Google uses search remedies trial to subpoena OpenAI, Perplexity and Microsoft over their generative AI efforts

In an attempt to show AI has created a more competitive search industry, Google is trying to get OpenAI, Perplexity AI, and Microsoft’s strategies to defend its own.