Group 4 : How Yes Bank is encashing on its revamped
‘Mobile First’ website
Yes Bank is the highest followed and fastest growing bank brand in the world on Twitter with over 1 Million+ followers. In 2004, Yes Bank was the first bank in India to launch the two-factor authentication with SMS based PIN Technology The first bank in India to launch Facebook at Work for Prowess of its employees. YES BANK (By: SHASHANK SWARNDEEP 1827122) Enter Digital Paradigm Adoption of concept ART ART is an acronym for Alliances, Relationships, and Technologies. Identified and partnered with numerous financial technology companies to deliver superior banking experience to its corporate and retail Customers.
START Largest program in Virtual Prepaid Card
the World and YES Program BANK has issued 2.4 million virtual prepaid cards
Allows customers who do not own credit cards or
even online banking facilities, to immediately start making purchases online or in-app by linking to a prepaid wallet. Researched far bigger scope to implement digital banking in B2B scenarios.
API Banking allows Client ERP/other
enterprise systems integrate with Yes Bank’s APIs in an extremely secure manner allowing for seamless BENEFIT: Customer refund timelines from 7- communication and reconciliation of 8 days to an instant refunds ( 80% refunds Cash Payments/settlements among processed within 30 min and close to 100% others. within an hour) facility.
First bank in Asia to launch API Banking
Revamping Website Through 10 customer Personas creation Exceeding the great deal of detailing on benchmarking over 50 website. international BFSI sites and platforms robust consumer companies. Unified interface and experience being the center of website, Every other app and interface with same design language Mapping of multiple customer unleashed in the website. journeys and then created solutions for each of those journeys (Use Cases)
Consumer- centric website
A d ap esig p sm , you n stra scr alles sho tegy ee t sc uld tha ns r ee s tar t sa ‘M . n ob fir t sk ys i le st etc whe Fir and hing n y st’ wo o we rk and u cre bs you pro at ite r w toty e a ay pin web up gt site Able to make the journey very easily on website. t o he or lar ge r
Social media integration, a very strong social listening and connect
tool, helps respond to customer queries in record time
47% increase in traffic from mobile devices & 27.60% increase in page views
28% increase in unique visitors & 23% increase in website leads
50% increase in the time spent on the website, attuned to handling a
lot more traffic & download time is at industry best of 5 seconds Some of the unique features of the new website include : -Interactive features like Product Finder Tool, Product Comparator tool, FD calculators & more -Customized user experience based on the last visit, searched product, geography and time of visit -Upgraded Search functionality for faster & accurate results and thereby resulting in ease of navigation -Integrated tools allowing the website to serve as an active -Customer Acquisition Channel -Clutter free design providing extremely easy navigation for the user Thank You