This special issue features four papers covering key aspects of new technologies in financial services, while exploring the consequences of COVID-19.
Co-Founder and CTO Ir Prof. Spencer Li’s first article titled “How can COVID-19 accelerate the digital transformation of business processes and customer experience?” , especially customer experience. In other words, this article explores how organizations can accelerate the digital transformation of business processes for better customer experience while reducing exposure to COVID-19. After outlining the impact of COVID-19 on digital transformation, Spencer focuses on customer behavior while looking at a range of psychological effects, and examines how “customer experience leaders” outperform their competitors. He offers an original theoretical model, the post-COVID-19 “ABCDEF” effect model, which is defined as an “architectural framework for decision-making processes” that incorporates human factors and emerging technologies to manage in the next normal.