Introduction: Over the years, as we’ve witnessed the Finance Sector evolving, we noticed that certain innovations pose the cornerstone of progress, i.e., The Blockchain Technology.  Blockchain emerges as a transformative catalyst, reshaping conventional norms and driving the industry towards an unconventional yet progressive path. As Digital Technology continues its relentless growth, the adoption of Blockchain in ..read more

In the present banking world of finance services, and insurance, data is considered to be the king. To evolve and stay competitive in this sector, organizations need to utilize Big Data Analytics and Business Intelligence platforms for data-driven decision-making. This blog shall focus on understanding how these tools are able to transform BFSI sector and ..read more

Transform Banking. Transform Core. As the world enters the cloud generation, mainframe-based banking platforms are nearing an evolutionary dead end. Slowly but surely, the bank’s entire technology ecosystem – from the programming languages, the operating systems, the hardware, to the way their IT organizations operate – will all be in need of modernization. The situation ..read more

In today’s digital era, The financial services industry is growing and transforming exponentially and this change is fueled by incorporating advanced technologies like Machine learning and AI in financial services. Across various sectors of financial services, about 75% of them incorporate the usage of at least one significant AI use case to accelerate their outcome ..read more

The financial industry is evolving at a rapid pace, all thanks to technological advancements and increasing customer demands. If we were to discuss about one such innovation that has swept through the financial institutions and banking sectors, it would be the emergence of open banking and the development of APIs. Recent studies have revealed that ..read more

Are you ready for an unforgettable experience at the BFSI IT Summit in Singapore? Get ready to hear from some of the brightest minds in the banking, financial services, and insurance industries on May 12th, 2023. The theme of this year’s summit is “Transitioning into the Future with Web 3.0, Cloud, and Cybersecurity.” As part ..read more

Today’s banking sector is witnessing a significant change consisting of an evolving workforce and an accelerated adoption of technologies in business processes. With the digital environment encircling the financial sector, banking services and consumers are expected to go fully digital. As customer demands continue to disrupt functions, the banking sector is keen on adopting agile ..read more

With Covid-19 having transformed the entire customer journey and lifecycle, the BFSI sectorhas been one of the most disrupted industries. There’s a dire need to align the people, processes and products keeping the digital customer in mind. At the 9th Edition of the BFSI IT Summit, we brought on board some path breaking leaders from ..read more

Over the past decade, we have seen substantial growth with respect to digital transformation in banking and financial services. However, the rise of fintech has increased regulatory pressure on banks and financial institutions to closely comply with regulations while also enhancing the customer experience and operational efficiency. The introduction of Artificial Intelligence (AI) in banking ..read more

The pandemic has changed consumer sentiments and banking behavior drastically. These behavioral shifts related to banking activities have forced financial institutions to adapt to digital payments and change their approach too. It has also accelerated digital transformation and probably a permanent change in customer interaction too. This measurable shift in banking behavior has led consumers ..read more