The two main challenges that IT companies have to contend with – continuously upgrading new technologies and creating the best customer experience from their investments. The mandate for FI’s is to produce stable, high-quality apps that provide an authentic and... View
Trends Transforming Digital Customer Experience in Banking Industry Digital customer experience in the banking industry relies on a three-step journey to discover and overcome obstacles that prevent superior CX in the first place. Recognizing customer needs through... View
Wealth Tech, or the practice of combining wealth and technology to improve personal (and professional) wealth management and investing with digital tools, has grown by leaps and bounds in recent years. As a result, wealth management, in particular, and the financial... View
With the influx of eCommerce and popular entertainment sites, consumers today expect a similar responsive experience for their banking needs. FIs must ensure frictionless and omnichannel digital experiences that are intuitive and secure. It is not an easy ask.... View
At the Pandemic’s outbreak, companies worldwide were suddenly exposed to a surge in digitalization. Those who pledged to keep operations going were given free rein to do whatever was necessary. Returning to work, however, many are confronted with the fact that... View
AI pilot count has become one of banking’s least useful measures of progress. A regional bank can have experiments running across customer service, fraud, compliance, lending and engineering and still have very little AI producing value in live operations. For a large global institution, a broad experimentation portfolio can be absorbed across substantial innovation, data […]
A banking AI use case can make perfect sense on a presentation slide and still be the wrong initiative to put into production. The economics may be attractive. The model may perform well. The executive sponsor may be committed. None of those answers the harder question: can the bank operate it reliably inside a live […]
The AI problem inside many regional banks is no longer a shortage of ideas. It is a shortage of capacity to pursue all of them well. Fraud, KYC, lending, Customer service, Compliance, Software Engineering, Data Operations, and Cybersecurity can all produce credible AI use cases. But every initiative competes for the same finite pool of […]