Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
21 Mar 2017
Artificial Intelligence (A.I), as high-tech as it may sound, has actually been around for more than 60 years. Alan Turing first mentioned it in his paper “Computing Machinery and Intelligence” where he suggested considering the question ‘can machines think?’. Artificial Intelligence or A.I, put out simply, is the development of computer systems to...
13 Oct 2016
If you look at major banks across the world today, you'll find that most banks have set up innovation arms that are now working at the frontier of digital technology's potential in banking. Five years ago, you'd have found only few banks with operations of this type. This explosion in digital innovation reflects an acceptance by banks worldwide t...
07 Jul 2015
WHY CLOUD MATTERS: When we think about cloud, the things that usually come to mind are cost savings, outsourcing & Infrastructure as a Service (IaaS). While cost saving benefits are relevant, cloud adoption has a much larger strategic value proposition tied to the Digitization Of Financial Institutions, summarized below. Cloud is omni-present ...
29 Jun 2015
Going forward banks will have an increased focus on improving profitability. While bank profits have exceeded historic profitability rates, return on equity (ROE) is still low compared to the years prior to the Great Recession. Regulatory pressures, customer demands, and non-traditional banking entrants are requiring banks to transform their busin...
1