BFSI IT Summit

Blockchain in Finance : Benefits and Use Cases.

Introduction Over the years, as we’ve witnessed the Finance Sector evolving, we noticed that certain innovations pose the cornerstone of progress, i.e., The Blockchain Technology.  Blockchain emerges as a transformative catalyst, reshaping conventional norms and driving the industry towards an unconventional yet progressive path. As Digital Technology continues its relentless growth, the adoption of Blockchain in […]

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Leveraging Big Data Analytics for Data-Driven Decision Making

In the present banking world of finance services, and insurance, data is considered to be the king. To evolve and stay competitive in this sector, organizations need to utilize Big Data Analytics and Business Intelligence platforms for data-driven decision-making. This blog shall focus on understanding how these tools are able to transform BFSI sector and […]

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Transform Banking Transform Core

As the world enters the cloud generation, mainframe-based banking platforms are nearing an evolutionary dead end. Slowly but surely, the bank’s entire technology ecosystem – from the programming languages, the operating systems, the hardware, to the way their IT organizations operate – will all be in need of modernization. The situation is worsened by the […]

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The Rise of Open APIs as the Preferred Option for Banks

The financial industry is evolving at a rapid pace, all thanks to Technological Advancements and increasing customer demands. If we were to discuss about one such innovation that has swept through the financial institutions and banking sectors, it would be the emergence of open banking and the development of APIs. Recent studies have revealed that […]

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AI and Machine Learning in Financial Services.

Introduction In today’s digital era, The financial services industry is growing and transforming exponentially and this change is fueled by incorporating advanced technologies like Machine learning and AI in financial services. Across various sectors of financial services, about 75% of them incorporate the usage of at least one significant AI use case to accelerate their […]

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Exploring the Future of BFSI with Technology in Singapore

Are you ready for an unforgettable experience at the BFSI IT Summit in Singapore? Get ready to hear from some of the brightest minds in the banking, financial services, and insurance industries on May 12th, 2023. The theme of this year’s summit is “Transitioning into the Future with Web 3.0, Cloud, and Cybersecurity.” As part […]

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Trends and Challenges in the Singaporean Banking Sector

The Singaporean banking sector has long been a powerhouse in Southeast Asia, playing a pivotal role in the region’s financial landscape. Trends in this dynamic industry have evolved considerably in recent years, driven by factors such as Technological Advancements, changing Customer Expectations, and mounting regulatory pressures. Factors such as a sound economic and political environment, […]

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Technology as a Catalyst to Innovation in the BFSI Industry

Technology has modulated the way the Banking and Financial service industry operate. Over the years, the banking industry began to embrace technologies such as Artificial Intelligence, Machine learning, Mobile Banking, RPA and Blockchain with a view to leverage existing data and transforming customer experience. The role of innovation in bringing automation to the industry has […]

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Why Cyber Security Important in the Finance Sector

Cyber Security is becoming a prominent issue for organisations around the world. The cyber security sector is crucial, especially when it comes to Financial Firms as it saw the highest volume of Cyber Threats incidents over any industry including Communication Technologies, Manufacturing, Retail and Professional services. In a high profile event, we demonstrate that cyberattacks […]

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Digital Transformation in Banking and Financial Services Asia

Over the last decade, Asia has witnessed a Digital Revolution in Banking and Financial Services and is quickly adapting to this revolution. This has changed the way people bank and manage their finances, making it simpler and more secure. It is transforming how companies operate and compete in this industry. The Digital revolution in Asia […]

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