NEW YORK, June 24, 2021 /PRNewswire/ -- Yext, Inc.
(NYSE: YEXT), the AI Search Company, today announced it has helped
successfully transform the website of First Financial Bank (Nasdaq:
FFBC), a Cincinnati, OH-based bank
providing a full range of financial services solutions.
First Financial's switch from the outdated keyword search on its
legacy website to Yext's advanced natural language processing
(NLP)-powered search allowed the bank to improve upon its site
search experience for clients. Now, when clients use the site's
Answers search bar to discover advisors near them, banking center
information, how to apply for the Payroll Protection Program (PPP)
during the COVID-19 pandemic, and more, they are served official,
actionable answers instead of a list of blue links.
"Our website is the front gate to our digital experience — the
'main branch' that everybody can access," said Joe Minham, Digital Product Manager at First
Financial. "We want to provide everything that people need right
there, so they can continue on that personal journey of discovery.
Our site search, powered by Yext Answers, is one of the key
differentiators that help our clients get what they need as fast as
possible, while also increasing conversions and providing us with
valuable consumer insights."
With Answers, First Financial gained higher visibility into its
clients' most frequent searches — especially important during the
pandemic. For example, certificate of deposit (CD) rates were a
popular search, prompting the bank to add that information to its
website for a more helpful and seamless client experience.
After using Yext for five months, First Financial saw a 272%
increase in site visits and a 225% increase in site search usage
compared to the same period in the prior year. In the first year
since launch, the bank has seen a 27% click-through rate on its
site search results.
"The financial services industry has long understood the
importance of the digital client experience, but, for many banks,
just the thought of overhauling their website can be overwhelming,"
said Shane Closser, Head of Industry
for Financial Services at Yext. "First Financial's success with
Answers is evidence that by investing in better, faster, and
cheaper search, banks can transform their client experience and see
Read more about Yext's work with First Financial here.
Yext (NYSE: YEXT) is the AI Search Company and is on a mission
to transform the enterprise with AI search.
With the explosion of information and data online, search has
never been more important. However, while the world of consumer
search has innovated over time, enterprise search has not. In fact,
the majority of enterprise search is powered by outdated keyword
search technology that only scans for keywords and delivers a list
of hyperlinks rather than actually answering questions.
Yext, the AI Search Company, offers a modern, AI-powered Answers
Platform that understands natural language so that when people ask
questions about a business online they get direct answers – not
Brands like Verizon, Vanguard, Subway and Marriott — as well as
organizations like the U.S. State Department and World Health
Organization — trust Yext to radically improve their business with
answers-led AI search.
About First Financial Bancorp.
Bancorp. is a Cincinnati, Ohio
based bank holding company. As of March 31,
2021, the Company had $16.2
billion in assets, $9.9
billion in loans, $12.6
billion in deposits and $2.3
billion in shareholders' equity. The Company's subsidiary,
First Financial Bank, founded in 1863, provides banking and
financial services products through its six lines of business:
Commercial, Retail Banking, Investment Commercial Real Estate,
Mortgage Banking, Commercial Finance and Wealth Management. These
business units provide traditional banking services to business and
retail clients. Wealth Management provides wealth planning,
portfolio management, trust and estate, brokerage and retirement
plan services and had approximately $3.1
billion in assets under management as of March 31, 2021. The Company operated 143 full
service banking centers as of March 31,
2021, primarily in Ohio,
Indiana, Kentucky and Illinois, while the Commercial Finance
business lends into targeted industry verticals on a nationwide
basis. Additional information about the Company, including its
products, services and banking locations, is available at
CONTACT: Amanda Kontor,
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SOURCE Yext, Inc.