Everest Group

FEBRUARY 23, 2023

With Australia facing a looming recession, outsourcing is emerging as a solution for banks and financial institutions to navigate economic uncertainty, improve efficiency, and find expert talent. Will banks suffer? In one word: Yes. Financial services have been significantly impacted by the Australian recession.

Banking 52

Banking Outsourcing Marketing Regulations 52

Automation Anywhere

JUNE 23, 2022

And now, we’re going to add two more to the list to help relieve all the complexity: Robotic Process Automation (RPA) and artificial intelligence (AI)—or, when combined, become one: intelligent automation. Why automation is needed The number and force of cyberattacks long ago overwhelmed the ability of a human solution.

Cybersecurity 72

Cybersecurity Automation Robotics Process Automation Banking 72

Magellan Solutions

AUGUST 19, 2021

BPO Philippines Reshaping The Retail & Banking Industry. Retail banks , like most companies, face an urgent imperative to reimagine themselves. . Consumers’ banking preferences are rapidly evolving. But many banks have yet to fully transition due to limitations of their digital capabilities. .

Banking 52

Banking Retail BPO Finance 52

Redial

OCTOBER 5, 2023

Challenges in 2023 and Beyond For Financial Companies Regulatory Compliance Financial regulations continue to evolve, becoming more complex and stringent. How often have you encountered a bad digital experience because the bank or institution you have used for years needs to properly invest in UX.

Cybersecurity 130

Cybersecurity Banking Regulations Collaborations 130

Everest Group

MARCH 19, 2024

By partnering with IT and technology services providers, banks and financial institutions can prepare for the new T+1 settlement. Read on to understand how this updated regulation will impact the industry landscape and rapidly transform critical areas. Moreover, the higher settlement costs could potentially disappoint investors.

Banking 64

Banking Service Streamline Operations Risk Management 64

Zinnov

DECEMBER 14, 2023

Whether it’s digital assistants leveraging Advanced Machine Learning (ML) models to recommend music and respond to voice queries, or news generation algorithms creating articles, or automated factories controlled by predictive analytics software – examples of AI’s invisible hand are everywhere across society.

Automation 52

Automation Robotics Process Automation Call Center Analytics 52

IBM Services

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Banks want to tap into these new innovations.

Service 61

Service Banking Cybersecurity Regulations 61

IBM Services

APRIL 24, 2024

Far-reaching regulations like Europe’s GDPR levy steep fines on organizations that fail to safeguard sensitive information. Examples of data privacy laws Compliance with relevant regulations is the foundation of many data privacy efforts. Example A bank sends annual privacy notices to all of its customers.

Regulations 83

Regulations Government Accounting Retail 83

Everest Group

MARCH 23, 2023

They are also building operational resiliency in the post-pandemic environment by formulating transformation strategies that create a digitally-enabled value chain, including the retirement of legacy platforms, cloud migration, and process automation.

Marketing 98

Marketing Robotics Process Automation Service Insurance 98

Zinnov

FEBRUARY 27, 2024

Fast-forward through the Social, Mobile, Analytics, and Cloud (SMAC) revolution, it was followed by the first wave of Intelligent Automation, one that metamorphosed businesses from the shackles of manual tedium to digital agility. Intelligent Automation began to streamline the corporate pulse where basic operations were automated.

Efficiency 52

Efficiency Robotics Process Automation Automation Banking 52

IBM Services

NOVEMBER 14, 2023

With flexible consumption-based pricing, it provides on-demand access to z/OS systems, dramatically improving developer productivity by accelerating release cycles on secure, regulated hybrid cloud environments like IBM Cloud Framework for Financial Services (FS Cloud).

Service 102

Service Regulations Automation Banking 102

Everest Group

MARCH 23, 2023

They are also building operational resiliency in the post-pandemic environment by formulating transformation strategies that create a digitally-enabled value chain, including retirement of legacy platforms, cloud migration, and process automation.

Marketing 86

Marketing Robotics Process Automation Service Insurance 86

IBM Services

FEBRUARY 22, 2024

With our long history of working with clients across the globe—and especially in highly regulated industries—we understand the unique requirements enterprises are facing and are prepared to help them address their emerging regulatory demands. In just a few years, we have helped some of the world’s leading banks transform.

Regulations 80

Regulations Cybersecurity Design Government 80

SirionLabs

NOVEMBER 3, 2021

This is where smarter contracting helps teams extract the maximum value of their contracts through the power of AI and automation to ensure efficient supplier performance management and invoice execution. Automated flagging of discrepancies or matches for approval. Table 1 below]. To find out more, please visit [link].

Automation 52

Automation Management Inventory Management Finance 52

SirionLabs

NOVEMBER 3, 2021

This is where smarter contracting helps teams extract the maximum value of their contracts through the power of AI and automation to ensure efficient supplier performance management and invoice execution. Automated flagging of discrepancies or matches for approval. Table 1 below]. To find out more, please visit [link].

Automation 52

Automation Management Inventory Management Finance 52

Everest Group

MARCH 11, 2024

These enterprises primarily focus on personalizing customer experience, streamlining supply chains, and emphasizing digital commerce using technologies such as AI/ML, cloud, IoT, and automation. Key priorities also involve fortifying data security, ensuring compliance, and automating manual processes to enhance overall efficiency.

Service 59

Service Retail Manufacturing Banking 59

Automation Anywhere

APRIL 27, 2021

This is where the partnership with Automation Anywhere comes in. Google Cloud and Automation Anywhere ensure you're ready to go on day one. We are also committing to co-create intelligent automation solutions specific to industries and their unique needs. Gone are the days of long setup periods and slow installations.

Automation 52

Automation Collaborations Banking Regulations 52

Perficient Digital Transformation

JANUARY 19, 2024

One use case organizations can consider is Synthetic Data and Document Generation, which allows companies to automate the creation of synthetic (or fake) data for testing purposes, therefore accelerating their digital transformation initiatives. What Is Synthetic Data and Document Generation?

Efficiency 52

Efficiency Healthcare Regulations Insurance 52

Everest Group

APRIL 3, 2024

Gen AI has recently gained considerable attention in the banking, financial services, and insurance (BFSI) industry. This technology can streamline operational processes, automate tasks, and enhance customer experience by fostering engagement through tailored experiences. Implementing robust security measures cannot be compromised.

Regulations 69

Regulations Out-Tasking Insurance Cybersecurity 69

inDinero

MAY 1, 2024

Consistent financial reporting is important for several reasons: Transparency : Consistent financial reporting allows stakeholders, such as investors, creditors, and regulators, to have a clear and accurate view of a company’s financial performance over time. Why is Consistent Financial Reporting so Important?

Accounting 98

Accounting Regulations Finance Banking 98

Immedus

JANUARY 12, 2023

Payroll process affects employees, and firms with strong global payroll will find it easier to attract and hold the best employees, while navigating the complex pitfalls of international tax compliance and payroll data regulations. Differences and nuances in tax laws and regulations. Automation and technology problems.

Payroll 52

Payroll Regulations Banking Out-Tasking 52

IBM Business Partners

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Notably, DORA also applies to some entities typically excluded from financial regulations.

Cybersecurity 81

Cybersecurity Regulations Flexibility Banking 81

IBM Services

JANUARY 16, 2024

While high interest rates and inflation concerns are carrying over into the new year, financial services trends signal to prepare for major changes in real-time by staying up-to-date on all financial services-related matters, including in banking and capital markets sectors. This is something we’re likely to see more of this year.

Service 51

Service Banking Risk Management Risk Management 51

Everest Group

MARCH 29, 2023

Read on to understand the new global capital market trends, the staying power of retail investors, and the impact on investment banks, asset and wealth managers, and service providers. The subdued demand was visible in the quarterly earnings results of some major investment banks.

Retail 52

Retail Marketing Banking Offshoring 52

IBM Services

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Regulations 70

Regulations Design Research Government 70

Perficient Digital Transformation

MAY 15, 2023

of Americans are considered “fully banked,” many opportunities exist for financial services institutions to take advantage of the vast amount of customer data they possess. Optimization tactics include the implementation of automation, machine learning, and artificial intelligence, with the use of sophisticated databases and cloud services.

Service 64

Service Banking Regulations Efficiency 64

Perficient Digital Transformation

JULY 10, 2023

But, as one of the most regulated and notoriously untrusted industries, the financial services industry is among the most vulnerable to being impacted by negative digital media, driving up its vulnerability to reputational risk. Recent bank crises plead the case for risk management preparedness.

Service 40

Service Banking Risk Management Risk Management 40

Capgemini

APRIL 20, 2022

Have we removed personally identifiable information and adhered to all regulations? Can we document and be ready to show regulators or investigators that there is no bias in the data? Projects are implemented with little end-to-end metadata visibility and limited automation. Automate data governance. INNOVATION TAKEAWAYS.

Management 98

Management Government Automation Engineering 98

Magellan Solutions

AUGUST 6, 2023

AI tools for accountants can automate repetitive tasks, enhance fraud detection, enable predictive modeling, and simplify compliance procedures. Automation of Mundane Tasks AI can automate repetitive and time-consuming accounting tasks like consolidating accounts payable and accounts receivables, data entry , and bookkeeping.

Accounting 98

Accounting Finance Data Entry Out-Tasking 98

The Scalers

MAY 24, 2023

Automation also streamlines back-office operations, such as document processing and compliance checks, leading to increased operational efficiency and cost savings. Automation enables faster decision-making, improved loan assessments, and increased operational efficiency.

Offshoring 59

Offshoring Finance Robotics Process Automation Banking 59

Infosys Consulting

MAY 22, 2023

Is the time for fully automated sanction screening solutions arrived? The complexity of international sanctions The complexity of international sanctions regulation has been continuously increasing over time. More is more: There is a tendency to over-screen due to extensive fuzzy matching.

E-Commerce 52

E-Commerce Data Entry Administrative Banking 52

The Hackett Group

OCTOBER 5, 2023

Bosch Service Solutions GmbH, DBS Bank Ltd., These leaders often combine intelligent automation, advanced analytics and artificial intelligence (AI) to hyper-automate end-to-end business processes. Just a few years ago, the focus was on basic transactional automation, which led to automating full end-to-end processes.

Advisory 59

Advisory Pharmaceuticals Banking Sourcing 59

Infosys Consulting

FEBRUARY 2, 2022

The use of end-user computer applications (EUCs) by global banking and financial institutions has grown manifold over the last several years. Regulators are taking a serious view when critical business processes are supported by high risk EUCs and require remediation strategies to be put in place. What is an EUC? Nikhil Bhingarde.

Service 52

Service Banking Government Regulations 52

Planergy Software

SEPTEMBER 22, 2021

This technology makes it possible to send and receive payments digitally, so you can avoid paper checks and trips to the bank. This payment method requires both parties to have bank accounts. The good news is that these bank accounts can be at two different financial institutions. Is EFT the Same as ACH?

Banking 52

Banking Accounting Regulations Automation 52

Paysquare

MAY 25, 2023

Managing payroll efficiently and ensuring compliance with ever-changing regulations are crucial aspects of running a successful business. Payroll compliance ensures businesses adhere to labour laws, tax regulations, minimum wage requirements, overtime regulations, and other legal obligations.

Payroll 52

Payroll Outsourcing Regulations Banking 52

Velocity Global

OCTOBER 20, 2022

An international wire transfer electronically moves money from your bank to the recipient’s bank through the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network. This payment method also comes with substantial banking and exchange rate fees. International Wire Transfer. International Money Order.

Banking 52

Banking Regulations Payroll Accounting 52

Velocity Global

FEBRUARY 23, 2022

However, other countries have different payroll and contractor regulations. Contractor classification is a set of regulations designed to protect the contractor’s interests, and each country operates differently when determining contractor classification. International Bank Transfer (SWIFT). Absolutely.

Banking 52

Banking Regulations Accounting Payroll 52