Top 5 Factors That Drive AI ROI Success in Financial Institution

Why do AI projects in finance fail to deliver ROI? Despite the billions poured into artificial intelligence, nearly 40% of financial services CIOs admit their AI initiatives failed to achieve positive ROI in the last year. Why is this happening? It’s not about the technology itself—it’s about strategy. Success hinges on aligning AI with business goals, leveraging high-quality data, and focusing on the right use cases.

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AI ROI Success
contact center transformation in banking
How to Transform Your Contact Center to the Center of Excellence

Today, customers regularly contact banks using many different communication channels, sometimes alternating between them or using several simultaneously. Customers want consistency regardless of the type of communication, and so a well-integrated omnichannel system is needed to ensure that continuity is in place.

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The virtual alternative for traditional banks
The Virtual Alternative for Traditional Banks

Technology causes pivotal changes in the banking industry. Digitization process has already changed the nature of banking itself. What’s more, as we observe, customer behavior is supportive of virtual banking. Current ‘stay at home’ status keeps people away from public places, so the best way to adjust to those restrictions while having constant access to the banking is to move the services to the virtual channels.

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bank buildings
Digital transformation in banking with LiveBank24

Currently, world is undergoing a huge digital transformation caused by coronavirus pandemic. Suddenly, the number of people using digital channels went through the roof and everyone has to adapt the work-from-home (WFH) model. Those changes affected thousands of customers in hundreds of industries, including banking services. Is your business ready for the change?

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LiveBank is Azure Ready now! Ailleron Fintech partnership with Microsoft

As vendor of the latest technologies, mainly for the FINTECH sector, which is very demanding and challenging, we provide our clients with the best, most optimal and safe solutions that enable them to achieve their business goals. We focus on continuous development as well as innovation in the approach to ongoing projects.

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