Ivy Partners SA’s Post

Hello Linkedin network! 🌟 Exploring Digital Changes in Banking: Let's Dive In! 💼💡 Guess what? I found this article that talks about real maturity when it comes to their investments in digitalization. It has 5 simple questions that bankers can use to figure out how far they've come in their digital journey. 🔗 Take a look here: https://lnkd.in/dMfZn64S Let's rock this digital shift together! 🚀🌐 #BankingTech #DigitalJourney

Unlocking the Future of Banking: Digital Licenses and AI Innovations The banking industry is undergoing a seismic shift. As we venture into 2024, digital banking licenses are democratizing access to financial services, offering unprecedented opportunities for innovation and competition. With lower capital requirements, digital banks are leveling the playing field, driving financial inclusion and transforming the market landscape. At the forefront of this revolution is generative AI, which is not only enhancing operational efficiency but also personalizing customer experiences like never before. AI-powered tools are redefining customer service, risk management, and even financial product offerings, making banking more responsive and secure. However, with innovation comes the need for robust regulatory frameworks. The evolving regulatory landscape is adapting to these changes, ensuring that while banks innovate, they also maintain high standards of security and compliance. Are you ready to explore how these trends can transform your financial strategies? Let's discuss how you can leverage these advancements to stay ahead in the game. Book a consultation with us today at [www.altfundsglobal.com](https://lnkd.in/gfJ8nzfu).

The financial industry has undergone significant transformation due to technological advancements, reshaping the way banks operate and interact with customers. Here are the four banking technologies leaders should pay attention to right now to make sure of a sustainable future.

In an era marked by unprecedented digital innovation, the banking sector stands at the forefront of transformation. Deloitte's latest insights delve into the concept of "Zero Operations," a revolutionary approach poised to redefine productivity standards within the industry. This forward-looking piece explores how Zero Operations leverage advanced technologies like AI, automation, and data analytics to streamline processes, enhance efficiency, and drive exponential growth. By eliminating redundant tasks and optimizing workflows, banks can unlock new realms of productivity and unlock value like never before. I encourage all industry professionals, leaders, and enthusiasts to dive into this thought-provoking read. Let's embrace the future of banking together and pave the way for a more agile, resilient, and customer-centric landscape. #activeops #Banking #Innovation #DigitalTransformation #Productivity #FutureOfWork

When it comes to digital transformation, most executives understand what needs to be done, but few know how to get it done. This is not just a banking industry challenge, but a common problem across all industries. If you're looking to navigate the challenges of digital transformation in banking, check out this guide to digital AI transformation in banking. It's a comprehensive resource that can help you understand how to make the most of your digital transformation efforts. #DigitalTransformation #AIinBanking #McKinsey #BankingIndustry #BusinessTransformation

Should banks invest in Building Inhouse Technologies or not? Historical Bank transformations : Banks were compelled to build their own solutions due to the absence of suitable technologies. However, this outdated mindset no longer serves them well in the fiercely competitive modern landscape. The excessive time, effort, and budget spent on creating in-house technology could be better utilized in achieving customer-centric goals. Where should banks focus now? To truly transform, banks need to reevaluate their challenges from a fresh perspective. Their primary focus should be on identifying areas where building technology themselves brings distinct advantages and recognizing situations where it's more beneficial to engage third-party specialists. For aspects that don't directly impact customer differentiation, there are specialized, enterprise-grade providers who have already tackled those problems. Companies have now dedicated themselves for years to crafting a top-notch banking platform, entirely centered around the needs of the banking customer. What is the key advantage of these platforms? These platforms simplifies day-to-day banking operations, eliminating cumbersome bureaucracy and accelerating progress and decision-making. Banks gain the ability to redefine possibilities, enabling the rapid design of new products and even the launch of entire banks in mere months, all while accessing real-time data effortlessly. By opting for such platforms, banks can undertake a de-risked transformation approach, with focus on managing operations on their behalf, thus reducing the operational burden and sharing responsibility to manage potential risks. This innovative platforms like Low code no code platforms, allows the bright minds working in banks to focus on crafting captivating experiences that enhance customers' everyday lives, ultimately propelling the industry forward at an unprecedented pace. The future holds great promise for ambitious banks that embrace this powerful and exciting opportunity. #digitalbanking #lowcodenocode #bankingtechnology #mobilebanking

Discover how #GenerativeAI is set to redefine banking experiences by 2030. From instant risk assessments to real-time product customization, the possibilities are endless. Read more from my MENA colleagues Suruj Dutta Rebecca Cunningham

In the world of Digital Transformation and banking, there are often many obstacles *cough* legacy cores *cough* that make financial institutions feel that their stuck. This article provide some ideas that any financial institution can do to improve their processes regardless of their core. Three ideas that I love are: - having a system for employees and departments to share innovated ideas -ensuring you have cross-functional teams that can implement changes -empowering employees to make change by reducing go to market time. Check the full article out here: https://lnkd.in/gCYpBWAh #digitaltransformation #financialinstitutions #innovation #noexcuses

Artificial Intelligence in the Global Fintech Market 2023-2028: Growing Demand for AI-Based Banking Software Propels Solutions Segment - ResearchAndMarkets.com The https://lnkd.in/gwzQXfzZ