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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. 5G aids customer service. 5G aids customer service.

Banking 144
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Banking on customer experience and security via technology-based innovation

CIO Business Intelligence

Quick loan approvals, online applications, personalized lending options, and massive data breaches create pressure for banks to focus on customer experience and security to compete with more technically mature and agile competition. Security and privacy. Conducted by Quadrant Strategies for Iron Mountain.

Banking 98
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Pursuing A New Future of Innovation Through Digital Banking Strategy

CIO Business Intelligence

How has banking evolved during the rapid digitisation of recent years? The answer lies in changing consumer habits, tech-driven disruptions, and cultural shifts—the very trends that are setting the stage for the industry’s future. One example is Banking-as-a-Service, with the market expected to reach US$3.6 trillion by 2030.

Banking 98
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Pursuing A New Future of Innovation Through Digital Banking Strategy

CIO Business Intelligence

How has banking evolved during the rapid digitisation of recent years? The answer lies in changing consumer habits, tech-driven disruptions, and cultural shifts—the very trends that are setting the stage for the industry’s future. One example is Banking-as-a-Service, with the market expected to reach US$3.6 trillion by 2030.

Banking 97
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Broadcom: 2023 Tech Trends That Transform IT

CIO Business Intelligence

At Broadcom, we see challenges companies face first-hand, and in turn how technology trends impact the world’s largest companies. Consumers have high expectations for digital experiences in online banking, email, cloud storage, video on demand (VoD), smart digital assistants, and virtual reality.

Trends 115
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How to Create Online Training Programs for Bank Employees

Kitaboo

Such upskilling is especially critical in the banking sector. . Things to Consider While Creating Online Training Programs for Bank Employees. Incorporation of technologies such as artificial intelligence can help banks reduce daily operation costs by up to 25%. Related Read: Best Compliance Training Ideas for BFSI Employees.

Banking 146
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Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

CIO Business Intelligence

Digitalization is a double-edged sword for banks, especially when it comes to security. A massive shift to cloud and API-based ways of working has made the sector become more agile and innovative, but it has also opened the floodgates for identity theft. Avaya’s research report reveals three critical ways to do so.