Lichtenstein’s VP Bank confirmed that it has signed an agreement with a still-unnamed external technology company to outsource parts of its IT. The move is part of the bank’s strategy 2026 aimed at further advancing digital transformation and not a cost-saving exercise. VP Bank’s goal is to become a wealth management service provider. The bank shared that 20-25 staff will be affected by the shift, but will nonetheless retain their jobs at the new service provider. 

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