We invite you to delve into this publication to explore the frontiers of Generative AI in financial services and witness first-hand the power of a technology that has the potential to transform not only the way we conduct business but the lives of billions.
Smartphones have given the world easy access to mobile-first experiences for almost everything. Everything from E-commerce, Banking, and Entertainment, to the Airline industry, is at our fingertips. Convenience has taken a step further by providing various services in a single app. These are called super apps. We are witnessing a shift to all-encompassing applications that offer services from different aspects of life within a single app.
Only a few years ago, the idea of Autonomous Finance, like the idea of autonomous vehicles, would have seemed like something out of a futuristic, incomprehensible sci-fi novel. However, anyone familiar with customer and technology trends in the financial industry would be hard-pressed to argue that rapid technological advances have not only made “self-driving finance” […]
The better functioning of the accounting and finance department is crucial to a company’s growth and success. Every company should be able to process its financial transactions without any error or fraud while closing books on time, creating financial statements, and providing accurate investor reporting. While there are established ways of going about these tasks, […]
There have been continuous updates in the fintech space, like online and virtual banks and neobanks. Everything from managing finances and carrying out transactions to lending and borrowing can be performed under the umbrella of a fintech app. Building a fintech app is no small feat in this highly competitive sector. Everything from customising UX/UI […]
Traditional banks have been around for hundreds of years, but they run behind in providing for today’s tech-savvy world. Long waiting lines and tedious paperwork are counterproductive in a world where time is money. While we are constantly looking for convenience and efficiency, not all banks have an online footprint to offer net/mobile banking. To […]
There is a new buzz in the tech world every day, usually about something that would simplify tasks even more than today. Neobank is one such tech advancement that has been gaining traction in the era of digital banking.
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 […]