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OCC Considers Artificial Intelligence an Emerging Risk in Banking

Perficient Digital Transformation

The utilization of AI has seen tremendous growth over the last few years, including: Customer chatbots Customer chatbots serve to streamline operations by reducing the need for extensive phone center staffing. Contact our experts today if you are interested in learning more about up-and-coming news in financial services.

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Rallying troops against cybercrime with QRadar SIEM

IBM Services

Cybersecurity is everyone’s business—as it should be, given the staggering surge in cyberattacks. IBM’s 2023 Cost of a Data Breach report reveals that the average cost of a data breach in India has increased to an all-time high of INR 179 million in 2023, which is approximately a 28% increase since 2020.

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Choosing Business Outsourcing Companies

Intugo

They understand your sector’s challenges, regulations, and best practices, ensuring more efficient and compliant service delivery. Ensure the outsourcing company adheres to international data protection regulations, maintains strict security protocols, and undergoes regular security audits.

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Economic Oasis: Revenue Cycle Management Thriving Through Turbulent Times | Blog

Everest Group

These innovations streamline operations, reduce costs, and improve efficiency, ultimately enhancing profitability margins. While multiple drivers beyond labor shortages are pushing providers to outsource, a few factors stand out.