Tag: BFSI

The digital healthcare company MediBuddy said that it has appointed Amol Maheshwari as Country Head for Sales and Account Management.

With the aim to streamline and offer paperless process to retail customers who are seeking loan, Bank of Baroda has launched an digital landing platform.

Mumbai-headquartered technology firm 3i Infotech said that it has entered into an agreements to sell its software products business to private equity advisory firm Apax Partners for Rs 10 billion.

In a hybrid banking model, financial institutions combine the brick and mortar physical banking approach with virtual banking.

By employing machine learning at key data reconciliation points, reconcilers can unlock multiples of value in terms of time, operating cost and avoiding regulatory penalties, says Sathish N, Deputy Chief Product Officer, FSS

With technology taking a center stage amid Covid-19 pandemic, the spotlight is now on digital products and systems to build the equal level of trust that physical interaction with clients, customers and employees provide

Millennial technologies such as AI, blockchain, APIs and machine learing will shape future of financial services, says Rahul Singh, President and Global Head - Financial Services, HCL Technologies.

89 percent of CFO have not deployed AI in the finance function and only 10 percent of finance teams believe they have the skills to support the organization’s digital ambitions.

As many as 20-25% of the existing jobs in BFSI sector is facing existential threat and they may not be there by 2022 due to rapid adoption of emerging technologies like robotics, blockchain and automation.