Digital Transformation

Robotics and artificial intelligence  Artificial intelligence is the result of our progress and combined efforts over a long period. Furthermore, we often come across news and debates on the rivalry between humans and robots. Many technocrats regularly express their concerns about whether...

Garry Kasparov has always been one of the most pioneering faces in the world of humans competing with machine intelligence. His chess game played against IBM’s Deep Blue (an early version of an artificial intelligence machine) became the talk of...

Artificial Intelligence and Machine Learning Programming is considered as a very tedious task by many people because it requires laying down detailed instructions to be followed by the computer, and that too in machine language. The conventional software engineering lifecycle...

The financial services industry is changing rapidly from the traditional way of living to a technology-dominated now. Emerging technologies play an important role in transforming this sector as they offer new means of achieving efficiency and greater productivity. What do we mean by emerging technologies? In general, it refers to any existing or developing technology that has the potential for significant impact on the organization through its ability to increase competitive advantage, create new market opportunities and achieve better results with less effort.

Over the past few years, the rising number of FinTech companies and solutions have completely metamorphosed the financial services landscape. The increasingly changing customer expectations, pressure to streamline operations, increasing regulatory complexity, and tough competition, among other factors, are pushing businesses for renovation and innovation. That’s where digital transformation in banking and financial services becomes handy, allowing for quick and seamless integration of systems with new platforms and applications. Essentially, digital transformation requires understanding its components and a seismic shift in leadership focus and organizational culture. After all, change is gradual, and no business or organization can transform all at once.