Ever since Facebook’s rebranding to Meta, the concept of Metaverse has been capturing a lot of public attention. The Metaverse is considered to be the next evolution of social connection. It lets you socialize, learn, collaborate and play in ways beyond imagination. Another disruptive technology we all know is Blockchain; it’s the next evolution of how we share value.
According to one study, the market of Artificial Intelligence (AI) in the Banking, Financial Services, and Insurance (BFSI) industry was valued at $20 billion in 2022 and was projected to grow by 20% between 2023 and 2032. Another study showed that the market size of Blockchain technology in BFSI was $2034.1 million in 2021 and […]
A mobile app or web app is essential for most businesses to engage their customers effectively in this digital age. But how do you know – how well your apps are serving their purpose? The answer is ‘success metrics.’
Loan processing is a lengthy process that involves a ton of paperwork, data checks, and dependencies. The application of RPA or Robotic Process Automation technology in loan processing enables banking institutions to automate several processes. In this article, we’ll explore the scope of loan process automation with RPA. What is Robotic Process Automation? Simply put, […]
Imagining a world without the internet is difficult. It has become an essential part of the modern world. It would be impossible to picture our lives without it, especially in light of a worldwide epidemic that has compelled most of us to turn on the internet for our occupational, communicative, educational, financial, and recreational needs—arguably […]
The startup landscape is constantly increasing – in Australia alone 974 companies are founded every day and globally approximately 100 million startups commence every year. We have seen a steady increase in the number of new companies that are investing in software development projects to build solutions for customers or internal users thanks to: Lower […]
A wave of disruption is rising in the finance sector as open banking initiatives are gaining momentum in different markets. About 25 million people are using open banking services as of 2020 and this number is projected to reach over 132 million by 2024. With up to 416 billion revenue at stake, the time is […]
The digitization of business has been gathering pace for a long time and the pandemic is a massive catalyst to the process. Among the industries that globally adopted digital means of doing business, the real estate business has a fair bit of zeal. They have done so by looking at real estate tokenization very seriously. […]
The COVID 19 pandemic has been a disruptor of traditional business environments, but it is hailed as one of the biggest accelerators for the digital economy. A KPMG study of some of the most influential CEOs of global organizations showed that nearly 80% of them opine that the COVID 19 pandemic has accelerated digital transformation […]