Solutions for today’s enterprise customer experience (CX) and employee experience (EX) challenges.
Full-featured contact center solution.
Secure, dedicated and managed cloud contact center running on Microsoft Azure.
Scalable and advanced contact center-as-a-service.
Collaboration tools, seamlessly integrated into your Avaya portfolio.
Unified video, conferencing, messaging, and more on Microsoft Azure.
Call, meet, message, and more—all in one app.
Integrate collaboration apps with Avaya Communication portfolio.
Cloud-ready pathways that integrate Avaya with third-party APIs.
A full-featured unified comms platform managed on-premises.
Rely on our team of experts to help you get the most from your investment.
Consult with the experts to create your best customer journey.
Explore our complete portfolio of devices for individuals and conference rooms.
Move at your pace with Avaya’s hybrid cloud options.
Deliver effortless experiences for customers and employees at every touchpoint.
Help your contact center run smoothly, no matter where your employees are.
Find an Authorized Avaya Channel Partner in your part of the world.
Build new, innovative communications solutions via Avaya’s open solution platforms.
See our partnerships with leading technology companies for unique and value-adding solutions.
Explore all of the partner types and programs available at Avaya
Sell the Avaya portfolio with benefits, incentives, lead gen, training, and marketing resources.
Transition customers to the cloud fast and on budget, supported by Avaya services and features.
Stay up to date on Avaya's latest news and solutions.
Deliver innovative and complete solutions to your customers.
Get to know Avaya through our blogs. Insights on collaboration, customer experience, AI, digital.
Watch videos and listen to podcasts by topic or just browse what’s new. Interviews, solutions, how-to’s, more.
See inspiring ways companies are using Avaya solutions to change the world of work.
Engage with us in an immersive and interactive experience—on site, virtually, or a combo.
Look at what's new in our world—and how it benefits yours.
Learn about the privacy, compliance, and security inside Avaya solutions.
Review the terms and policies associated with Avaya software and services.
Access a full range of information and assistance for your Avaya solution.
For research and support, access our product documentation resources.
Meet Avaya experts at our events, webinars, expos, conferences and more.
In person or online, gain a full understanding of your Avaya solution and its capabilities.
Insights
Newsroom
Share
Kingdom of Saudi Arabia – 2017: Banking customers in the Kingdom of Saudi Arabia are increasingly using digital channels to conduct their transactions, with mobile banking leading the way, according to a new survey from Avaya. The findings reveal that Saudi customers’ most-preferred channel for accessing banking services is via a mobile app, while 40% of respondents said it was a priority to have everything on their mobile device – the highest out of nine countries surveyed.
The Customer Experience in Banking Survey, conducted with YouGov, queried more than 10,000 banking customers in two waves – the first covering the UK, UAE, India and Australia, and the second France, Germany, Italy, KSA and South Africa. Almost a quarter (24%) of respondents in both the UAE and Saudi Arabia said a mobile app was their preferred channel, behind only India and South Africa, and much higher compared to just 8% in Germany and 10% in France.
Saudi Arabia already has one of the highest mobile penetration rates in the region, with a population penetration rate of 140% as of Q1 2017, according to one report by the Ministry of Communication & Information Technology1.
Saudi banking customers are also more likely to change their banks because of poor customer service – and less likely to give the bank a chance to do something about it. While more than half (52%) would change banks – the highest out of all nine countries – only 37% would lodge a complaint, the lowest of the countries surveyed. When asked to assess what was important to them in interacting with their bank, top asks from KSA banking customers include wanting to have the same level of experience and service across all channels, and for their problems to be resolved on the first point of contact, all regardless of which contact channel they used.
While more robust digital channels are one way for banks to improve the customer experience, almost a quarter of those in the Kingdom would still prefer to visit their bank’s branch and speak with a relationship officer for services. Virtual Financial Advisors (VFAs) – representatives from the bank who engage customers through virtual means and service them remotely with online tools – seem to be an ideal solution based on the preferences of KSA respondents. According to the survey, the most valued benefit of having a VFA is being able to resolve their banking inquiries faster, regardless of the contact center channel they use.
Customers in the Kingdom generally prefer not to be contacted by their bank for promotional offers or new services. But they want to hear from their bank when it comes to renewing their credit cards or services before they expire, and dealing with problematic or potentially fraudulent transactions. Nearly a quarter of respondents (23%) say that they would not want to be contacted for any of these issues, preferring to contact the bank only when they need to.
“Getting customer experience right is vital for banks in KSA, and it is clear that delivering a superior customer experience requires coordination across all touchpoints—whether online or offline,” says Yaser Alzubaidi, Engagement Solutions Sales Leader for Asia Pacific, Middle East & Africa (AMEA) at Avaya. “Banks in the region are increasingly investing in digital transformation to deliver the right customer experience. However, it really comes down to personal autonomy and giving consumers the opportunity to choose the way they interact with their bank. That is where new technologies can really make a difference. Moreover, these new technologies help customers to do what they want to do as fast and effectively as possible.”
To learn more about how Avaya is digitally transforming financial services, check out this short video or browse this resource guide.
Editor Note
The latest edition of the Customer Experience in Banking Survey was conducted from July 19 to 24 amongst 5,015 panelists in France, Germany, Italy, KSA and South Africa. Objectives of the survey were to gauge current banking satisfaction levels; most often used and preferred banking channels; issues encountered when contacting banking call centers and customers’ preferences when doing so; preference of being contacted by banks, and the perceived benefits of VFAs.
About Avaya
Avaya enables the mission critical, real-time communication applications of the world’s most important operations. As the global leader in delivering superior communications experiences, Avaya provides the most complete portfolio of software and services for contact center and unified communications— offered on premises, in the cloud, or a hybrid. Today’s digital world requires communications enablement, and no other company is better positioned to do this than Avaya. For more information, please visit www.avaya.com.
1 http://www.mcit.gov.sa/En/AboutMcit/SectorDevelopment/Pages/SectorIndices.aspx
Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should" or "will" or other similar terminology. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these are reasonable, such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results to differ materially from any future results expressed or implied by these forward-looking statements. For a list and description of such risks and uncertainties, please refer to Avaya's filings with the SEC that are available at www.sec.gov. Avaya disclaims any intention or obligation to update or revise any forward-looking statements.
pbranton@avaya.com
+971 4 4048315
nisha.idicula@bm.com
+966 50 444 0079
Businesses are built by the experiences they provide, and every day, millions of those experiences are delivered by Avaya. Organizations trust Avaya to provide innovative solutions for some of their most important ambitions and challenges, giving them the freedom to engage their customers and employees in ways that deliver the greatest business benefits. Avaya contact center and communications solutions power immersive, personalized, and unforgettable customer experiences that drive business momentum. With the freedom to choose their journey, there’s no limit to the experiences Avaya customers can create. Learn more at https://www.avaya.com.