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Author name: Arinnya

Why Anti-Money Laundering Digitalization is Necessary for Global Banks Now

Why Anti-Money Laundering Digitalization is Necessary for Global Banks Now According to the U.S. Treasury USD 300 Billion of illicit proceeds are laundered in the financial system every year and the United Nations office on Drugs and Crime (UNODC) states that only 1% of these illicit proceeds are taken into account. Money laundering has changed …

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How RPA and IPA Create Value For A Bank’s Digital Transformation

How RPA and IPA Create Value For A Bank’s Digital Transformation With the advent of mechanised software-based automation and artificial intelligence, the stream of Robotic Process Automation (RPA) found its increasing adoption in the banking industry.  RPA found its early adoption specifically in the areas of automating the mundane back-office operations in banking. Some of …

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Impact of AI in Banking: Opportunities and Challenges

Impact of AI in Banking: Opportunities and Challenges In spite of billions of dollars being devoted to digital transformation in banking technology each year, few banks have supervened in diffusing and scaling AI technologies throughout the institution. The prevailing models of IT and legacy technologies are beset by reasons including a lack of an integrated …

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4 Ways For Banks To Digitally Deliver A Connected Customer Experience

4 Ways for Banks to Digitally Deliver a Connected Customer Experience “You’ve got to start with the customer experience and work back toward the technology – not the other way round.” – Steve Jobs Present-day customers, especially in the banking industry, are digitally more empowered now than ever before. They apprehend how digital technologies work …

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4 Steps to Reset Banking with Digital Post Covid-19

4 Steps To Reset Banking With Digital Post Covid-19 COVID-19 has upended economies, industries and communities across the world, causing an insurmountable obscurity in every aspect of life and business. As the economic precipitation continues, like every industry, banking has been sternly impacted. There seems to be no end to what every new day is likely …

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Featured in IBS Intelligence: Quantum Computing: The Next Frontier.

Featured in IBS Intelligence: Quantum Computing: The Next Frontier. Growth and relevance are quintessential business matters that keep organizations on the qui vive for opportunities to conduct business more efficiently and profitably while keeping step with changing times. The last few decades saw digitisation and technology emerging as this opportunity – starting off as a …

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Digitization: The 360-degree Mindset

Digitization: The 360-degree Mindset Technology is significantly changing the way the world moves. The change is nothing short of a disruption, affecting businesses and industries across the board. With banking at the epicentre, the impact of technology is palpable, and fast becoming the edge indispensable to staying competitive and relevant.Navigating the digital shake-up. Banking as …

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