Artificial Intelligence and Financial Services

Generative AI: Can it be Banking Backoffice’s ‘New Best Friend’?

01 Mar 2024

Generative Artificial Intelligence (GenAI) is not just a buzz word anymore. It is evolving as a transformative force that is reshaping the world. 2023 has been a breakout year for GenAI startups, with equity funding topping $21.8B, which is 4X compared to 2022. Banking and Financial Services industry has always been at the forefront of adapting di...

Financial Risk Management

Is your transformation risk-proof?

21 Jan 2022

This article is co-authored by Vaibhav Dubey, Priyanka Mishra, Suresh Thevar & Vaibhav Grover Banking continues to be in the forefront of driving digital and process transformation. Many banks are on a transformation journey when it comes to core banking or back-office operations. These journeys are initially focused on cost reduction, making e...

Disruption in Retail Banking

How can Banks use COVID19 crisis to advance the future?

24 Jul 2020

In one of the office discussions I heard a colleague say – “The bank you thought you would be in 2025 is the bank that you need to be tomorrow!”. This was such a ‘powerful’ statement that it got stuck in my mind. It forced me to think –can Banks use Covid 19 crisis to their advantage and advance the future for Banking? There have been some interes...

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Asia Financial Services

How Asian Banks are revolutionizing the customer onboarding

26 Nov 2019

Introduction As per a report from Forbes1, from 1980 to 2010, the Chinese, Japanese and South Korean banking industries' assets expanded 20, 15 and 13 fold respectively. And, as per One Road research2, post 2010 the Asian banking markets have demonstrated continuous and consistent growth as compared to their counterparts in US & Europe. The b...

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