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The Digital Bank – How to make Business Models fit for the Future

ITONICS

Banking is necessary, banks are not”. Many traditional banks have reacted and are now en route to the digital world. ITONICS advises numerous banks on how to make their business models fit for the future and not merely keep up with digitization, but even become a first mover. What about the human factor?

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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.

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Applications of Artificial Intelligence (AI) in business

hackerearth

Businesses that use Artificial Intelligence (AI) and related technology to reveal new insights “will steal $1.2 Recent advances in AI have been helped by three factors: Access to big data generated from e-commerce, businesses, governments, science, wearables, and social media. predicts Forrester Research.

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How a Big Data Strategy Can Fight Insurance Fraud

mjvinnovation

At the same time, insurers have also understood that they need a Big Data strategy for various purposes. Continue reading and understand how Big Data can help insurers avoid headaches and financial damage! What is Big Data. ” Real Time Big Data. ” Real Time Big Data.

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50 what-if questions to reimagine the future

Board of Innovation

What if artificial intelligence was dealing with new customers and claims? What if you owned your own bank? Think at Transferwise borderless bank account: it can be opened online everywhere in the world, accepts payments in every currency and charges none or very small fees regardless of the currency or your location.