Remove Agile Remove Artificial Inteligence Remove Banking Remove Report
article thumbnail

Top 5 Digital transformation use cases for the BFSI industry

Acuvate

“Digital banking,” “super apps,” “hyper-personalization,” “customer experience,” and “agility” — are the terms redefining the BFSI industry today. Additionally, even though banks invest large sums of money in contact centers for handling inbound customer queries, a majority of these calls are generic and repetitive.

article thumbnail

How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

Of the CIOs surveyed in India, 51 percent reported that they were heading innovation, whereas 49 percent reported that they were leading digital transformation. JPMorgan’s CEO reported in his annual letter to shareholders that the U.S. bank spent $9.5 These companies also report a robust financial performance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Revolution is Here: Generative AI and Project Management

Planview

As chatbots pervade all aspects of our digital lives — from banking to education to shopping — those who plan and run projects for a living will expect the same intelligence, ease of use, and real-time explanations from our project management solutions.

article thumbnail

Robotic Process Automation: what changes with the automation process

mjvinnovation

By 2020, automation and Artificial Intelligence will reduce employee needs at shared service centers by as much as 65 percent, according to Gartner, by 2020, the RPA market will exceed $1 billion worldworld. Robotic Process Automation: how it works in practice. Robotic Process Automation: The Advantage for Businesses .

Change 75
article thumbnail

When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

Qmarkets

caption id="attachment_40714" align="alignright" width="438"] The speed of change in the banking industry has CEOs more concerned than in any other industry. The combined valuation of the top 50 banks worldwide make up almost one-third of this number: a whopping $4.3 banks are among the 10 least-loved brands by the millennials.

article thumbnail

Banking Transformation: Insights from Lloyds and Santander UK

Planview

With the holiday season in full swing and a global recession predicted sometime in the new year, banks remain committed to investing in modernized technology through digital banking transformation efforts vs. traditional cost-cutting routes. “Retail banking customers are expecting more from their banks.

article thumbnail

No such thing as the digital revolution? Avoidance strategies and status quo mentality are deadly when it comes to digitization!

etventure

All this about companies being in a huge transition because of digitization, about disruption in the ‘old economy’ because of new, agile, digital competitors – none of it is true, he says. virtual reality and artificial intelligence are already transforming all kinds of sectors and business models. Let us explain why.