182 Results from 2023, /predictions
Bency Byju Consulting Patner at Not Applicable
How Digital twin technology can be leveraged in insurance industry Digital Twin technology has been around for decades. The concept is believed to have its origin at NASA when simulations were carried out to bring back the Apollo 13 astronauts. Gartner defines digital twin as a digital representation of a real-world entity or system. Simulations ...
21 January 2023 /predictions Digital Insurance Trends
Retired Member
We are entering 2023 with tighter belts this year. However, we leave 2022 with unmatched blockchain experience, both good and bad. Will trends from 2022 roll into the new year? We look at how the financial system reacted to distributed ledger technology (DLT) in 2022 and what that predicts about its direction in 2023. Cutting a long story short, ...
20 January 2023 /markets /predictions Banking Strategy, Digital and Transformation
Oliver Tearle Head of Technology Innovation at The ai Corporation
The payments industry makes extensive use of AI/ML technologies in a wide range of applications – including targeted marketing, process automation and customer profiling. The use of AI and ML in fraud prevention is particularly common, as it enables fraud prevention teams to scour large amounts of transaction data to identify fraudulent behaviour ...
19 January 2023 /payments /predictions Artificial Intelligence and Financial Services
Satinder Lala Director of Marketing at Capium
Is AI really the future of accountancy? Artificial intelligence (AI) has been subject to a great deal of both hype and scepticism throughout its history. It’s a technology that sparks most people’s imagination – or fear – by calling to mind futuristic, sci-fi concepts. In the accounting industry, an ongoing debate surrounds AI’s ability to carr...
18 January 2023 /inclusion /predictions Trends in Financial Services
Eddie Harrison Co-Founder and Chief Product Officer at Navro
For fast-growth startups, the early days can be thrilling. You have come up with a great new product or service, found the perfect marketing strategy, and hit gold with a rapidly expanding customer base. The next step is obvious - strike out from home and try to replicate your success in global markets. Often, that's where things come grinding to...
18 January 2023 /payments /predictions Fintech
Prasenjit Das Senior Director at Virtusa
A breakup of Business Banking in the UK. 5.5 million businesses were small (0 to 49 employees) forming 99.2% of the total count of private sector businesses, followed at a distant by 35,600 businesses were medium sized (50 to 249 employees) and finally large business counting to 7,700 businesses. By and large the proportion is same across other
16 January 2023 /wholesale /predictions Banking Strategy, Digital and Transformation
Uldis Teraudkalns CEO at Nexpay
2022 was a rocky year for the digital assets industry, with significant market value losses. The FTX scandal hampered the trust of crypto investors and the industry in general. These hardships are only temporary, as the previous crypto cycles have shown. Even though this crypto winter did not follow the usual cycle trends, blockchain technology sh...
16 January 2023 /crypto /predictions Fintech
Boris Bialek Vice President and Field CTO, Industry Solutions at MongoDB
As a global recession looms, banks are facing tough economic conditions in 2023. Lowering costs will be vital for many organisations to remain competitive in a data-intensive and highly regulated environment. Thus, it’s important that any IT investments accelerate digital transformation with innovative technologies that break down data silos, incr...
16 January 2023 /cloud /predictions Banking Strategy, Digital and Transformation
Simon Kent Global Head of Financial Services at Kearney
After the unpredictability of 2022, it’s now more important than ever that the banking and finance industry takes a best-fit approach for 2023 and beyond. Doing so will require an approach where data is at the heart. Why 2022 was a year of turbulence 2022 finally saw an emergence from the pandemic peak and hope that the worst is now over. Although...
13 January 2023 /retail /predictions Banking Strategy, Digital and Transformation
Bhavesh Vaghela SVP B2B Product and Innovation at Collinson
2023 predictions Happy new year! What a year 2022 has been. It was nice to meet family and see friends last year after the restrictions of the years before. However, 2022 went for you time for a new year, a new start and new predictions! But first, let's look back and see how I did in my predictions from last year. 3 out of 3, that's my first 100...
12 January 2023 /sustainable /predictions Disruption in Retail Banking
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