Financial institutions face significant challenges in delivering a superior customer experience, especially during disputes, when accountholders feel most vulnerable.
Claim Inaccessibility
Siloed, outdated technology makes it difficult for accountholders to check claim status or submit additional information, leading to frustration and uncertainty.
Slow, Opaque Investigations
Legacy processes prolong investigations, creating confusion around claim outcomes and eroding trust.
Minimal Communication
Infrequent updates leave accountholders feeling undervalued and powerless over their financial situation.
Quavo’s solutions are designed to build trust and confidence by providing accountholders with transparency, efficiency, and control.
From self-service claim submission via online and mobile banking to document uploads and real-time status tracking, accountholders stay informed and in control every step of the way.
Automated workflows minimize errors and streamline investigations, enabling faster and fairer outcomes.
Customizable configuration options ensure timely, automated case status updates through emails and letters - keeping account holders informed and reassured throughout the process.
“QFD has improved the visibility of claim activity, helping us detect and act on emerging card and payment fraud. This saves money for the credit union and our members while maintaining their trust.”
James Richie
VP Payment Services
“The collaboration with Quavo and DRE has been invaluable in helping us streamline our processes, reduce call volumes, and ultimately improve the overall member experience.”
Trina Becker
Manager of Fraud and Disputes
The fraud and dispute landscape has experienced unprecedented transformation, driven by high transaction volumes, sophisticated fraud schemes, and heightened customer expectations. As issuers navigate this
In the quickly evolving financial landscape, issuing financial institutions face growing challenges in managing disputes, fraud, and customer expectations. While many institutions maintain the status
Long before the recent surge of artificial intelligence (AI)-based solutions in the financial services industry, Quavo’s dispute resolution technology stack was founded on AI since
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