Inspired by use in the tech industry, financial firms are embracing biometrics as a way of improving banking security.
Driven by rapid innovation in the tech sector, financial services have embraced cloud computing, aiming to redeploy this towards their specific needs.
The reliance of the financial industry on both customer volume and complex decision-making makes it a prime candidate for embracing this artificial intelligence (AI) and machine learning (ML).
At its core, decentralised finance (DeFi) is the use of a peer-to-peer (P2P) network through which traditional financial services can operate, free from intermediation.
Various features of the blockchain and the underlying distributed ledger technology (DLT) make it ideally suited for use in any kind of transfer system whether it be payments, trading or lending.
Decentralised ledger technology (DLT) has immediate applications in the context of fraud prevention and security as it provides financial institutions with the ability to maintain a centralised ledger of transactions
Over the past decade, the financial industry has begun to embrace a series of innovations that have the potential to dramatically change the nature of the business in the future.
Implementing RPA to a leading provider of Global Foreign Exchange Trading Systems allowed a quicker, more efficient and accurate onboarding process that accelerates the end-to-end client onboarding, mappings and permissions process by as much as 80 per cent.
Combine development and operations in an agile way to reduce time-to-market, lower costs and improve quality.
Reduce testing cycles, operational and business risks and overall costs, whilst ensuring faster time-to-market and early detection of defects.