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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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Six ways for banks to better serve small-business clients
Small businesses, big potential — and even bigger frustration with banking. Small and medium-sized enterprises (SMEs) are the lifeblood of the European economy: they represent 99% of all EU businesses, provide two-thirds of jobs, and contribute 57% of the EU’s gross value added. Despite this economic muscle, many SMEs feel underserved by traditional banking systems.
How can banks effectively digitize SME customer service? Practical insights from ING implementation
Digital transformation in banking is not just about implementing new tools—it’s about redefining the customer service approach. The SME segment, which includes businesses with diverse needs, requires flexible solutions and modern communication methods.
How Virtual Branches Are Supporting Remote and Rural Banking
Virtual branches and remote banking are an inseparable pair and the inevitable future. The former brings measurable benefits to the latter in the form of improved productivity, accessibility, service quality, and many more. In this article, we look into the relationship between virtual branches, remote banking, and rural banking. How can their fusion empower your business? Find it out!
The Cost-Efficiency of Virtual Branches for Banks
One of the main advantages of setting up virtual branches is their cost-efficiency. After all, they help you engage your idle employees, and they offer the opportunity to implement tools that boost their productivity even further, reducing the cost per case completed. In this article, we examine it in a bit more detail. We invite you to read on!
Customer Service Communication Tips for Banking
If you’re looking for customer service communication tips for banking, you are in the right place. At LiveBank, we are committed to improving customer service and banking experience by providing you with a customer engagement platform. Our experts prepared a list of tips that will help you streamline your communication with clients and achieve better results. Read on to learn more!
Omnichannel Banking Best Practices – Creating a Seamless Customer Experience
What are the best practices for omnichannel banking? If you want to implement it successfully, you need to integrate your internal infrastructure, create a single, unified customer viewpoint, and ensure a seamless transition between channels by delivering consistent customer experiences. Do you want to learn more? Then keep reading!