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Digital transformation in financial institutions is an ongoing journey rather than a one-time project. Core system replacements often span years, all while banks must operate without interruption and cannot afford downtime. Could anyone imagine halting banking operations even for an hour – let alone for weeks? In such circumstances, every technological decision becomes a strategic […]
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Two Ways to Implement LiveBank – Choose the Path to Better Customer Service
Digital transformation in financial institutions is an ongoing journey rather than a one-time project. Core system replacements often span years, all while banks must operate without interruption and cannot afford downtime. Could anyone imagine halting banking operations even for an hour – let alone for weeks? In such circumstances, every technological decision becomes a strategic […]
What Is the Great Wealth Transfer? Why Platforms Like Livebank24 Play a Crucial Role in It?
Over the next two decades, we’ll see one of the largest movements of financial assets in history. The Great Wealth Transfer describes the shift of trillions of dollars from Baby Boomers to younger generations, mainly Millennials and Gen Z. As Boomers retire or pass on their assets like homes, businesses, investments, and savings, an unprecedented […]
What Is Identity and Access Management (IAM) in Banking and How Does Livebank24 Support It?
Security has always been at the core of banking. In the past, that meant strong vaults and guarded branches. Today, it means protecting digital identities and ensuring only the right people can access sensitive data. This is where identity and access management (IAM) in banking plays a vital role. What does IAM stand for in […]
What Is Data-Driven Banking and Why Is It the Future?
Banks have always dealt with vast amounts of data regarding customer transactions, credit histories, or market trends. But today, instead of relying solely on tradition and intuition, more and more financial institutions apply advanced analytics, machine learning, and AI to guide their operations and strategies. This evolution is redefining what it means to serve customers, […]
The Impact of Digital Technologies on Back Office Efficiency in Banking
In banking, some of the most valuable improvements happen behind the scenes. The back office, responsible for processing transactions, managing records, and ensuring compliance, has traditionally been resource-heavy and slow to change. Today, digital tools are transforming it at an unprecedented pace, reducing the margin for error and enabling measurable gains in operational efficiency. Keep […]
Key Digital Banking Statistics – Trends and Insights in 2025
Digital banking has come a long way over the past decade – but in 2025, it’s no longer just an option; it’s the default. With smartphones in nearly every hand and customer expectations higher than ever, banks are racing to offer seamless experiences. Behind this shift are the numbers; real, tangible data showing where the industry is headed. Let’s take a closer look at key digital banking statistics you should consider.