Financial Service Providers: Changing the Workforce of the Future

Infographic | November 1, 2021

37% of Financial Services firms globally adopt AI to reduce operational costs AI is poised to give the banking industry an aggregate potential savings of $447 Billion by 2023 A Juniper research predicts that 90% of interactions in banks will be automated by 2022 using chatbots As per research, AI will reduce banking operational expenditures by 22% Automating middle-oce tasks with AI has the potential to save North American banks $70 Billion by 2025.

Infographic | January 14, 2020

This is a preview of recent Banking research from Business Insider Intelligence. Business Insider Intelligence offers even more banking and finance coverage with Banking Pro. Subscribe today to receive industry-changing banking news and analysis to your inbox.

Infographic | August 17, 2022

There was an increase of 70% in losses due to banking fraud in 2021. Over 2.8 million consumers reported banking fraud to the FTC.

Infographic | December 1, 2021

But what is Big Data? In a nutshell, it is the ability to retain, process, and understand data like never before (Zikopoulos, 2015). Big Data is when you have challenges that cannot be handled by traditional database systems. Challenges in the context of Volume, Variety, Velocity, Veracity. These can be found in Financial Services. In fact, technology is so integral to banking that financial institutions are now almost indistinguishable from IT companies. This article looks at the Financial Services industry to examine Big Data and the technologies employed. It further covers ROI, Big Data analytics, regulation, governance, security, and storage as well as obstacles and challenges that have made the industry what it is today.

Infographic | November 30, 2021

With the acceleration of digital business, financial services organisations need to ensure their IT capabilities keep up with customer and employee demands. Seamless connectivity, end-to-end security and cloud readiness are just some of the IT prerequisites that the industry must address to support hybrid working models, compete with newcomers to the sector and comply with evolving regulations.

Infographic | March 9, 2020

Executing the vision of your construction firm is priority number one. This list shows the top ten ways that fast and accurate financial reporting delivers increased value to your firm, helping to round out your vision. From enabling cash flow for new projects to the decision-making process needed for predictive trends, this infographic can empower your organization to meet both today’s and tomorrow’s challenges in the construction industry.