LiveBank blog
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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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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 […]
Will Virtual Branch Work For Your Bank?
LiveBank is an omnichannel communication and collaboration hub for banks that aggregate all communication channels like text chat, video and audio. LiveBank provides retail banks secure and friendly contact channels for its clients. This synergy of technology and people enriches communications and establishes the grounds for the digitalization of bank processes. As a result of […]