Ribbon is an innovative estate center designed for financial institutions, enabling them to effectively manage and retain deposits during the significant wealth transfer occurring in society. By leveraging AI and natural language processing, Ribbon streamlines the process of handling inheritance claims, significantly reducing the time and costs associated with member acquisition and retention. The platform enhances customer experience by allowing grieving individuals to notify institutions digitally, thus improving operational efficiency and engagement with the next generation of customers. With a focus on boosting inheritance retention by 25%, Ribbon positions itself as a vital tool for credit unions and banks looking to adapt to changing demographics and customer needs.
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