Remove 2008 Remove Efficiency Remove Regulations
article thumbnail

AI Regulations for Financial Services: OCC

Perficient Digital Transformation

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

article thumbnail

The US Is Opting For Healthcare Call Center Outsourcing Companies – Here’s Why

Magellan Solutions

In recent years, the US healthcare industry has significantly increased its reliance on healthcare call center outsourcing companies to enhance patient care and operational efficiency. Improved customer service – Outsourced centers handle high call volumes extremely efficiently, reducing hold times. This raises satisfaction.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mergers and Acquisitions: Navigating your BPO Through a Pandemic

VXI

Business entities have weathered several crises in modern times, such as the stock market crash of 1987 and the global financial crisis of 2007-2008. Working with each other bring efficiency, allows individuals to learn and innovate faster, and can create a healthy environment for competition even amidst an M&A.

BPO 94
article thumbnail

How to Navigate your Company Through a Merger or Acquisition

VXI

Business entities have weathered several crises in modern times, such as the stock market crash of 1987 and the global financial crisis of 2007-2008. Working with each other bring efficiency, allows individuals to learn and innovate faster, and can create a healthy environment for competition even amidst an M&A.

BPO 90
article thumbnail

OCC Comptroller Offers Regulatory Guidance Toward AI

Perficient Digital Transformation

Learning from history, he referenced the lack of regulatory controls in derivatives and financial engineering before the 2008 financial crisis, and more recently, the unregulated growth of cryptocurrencies leading to the “Crypto Winter” of 2022.

Banking 52
article thumbnail

The Future of Blockchain in Banking and Financial Services and FinTechs | Blog

Everest Group

A brief history of blockchain in banking and financial services and FintTechs Since its introduction in 2008, blockchain has established itself as a key to optimization. The banking industry is redefining itself through emerging technology that is improving products, customer services, and operational efficiencies.

Banking 98
article thumbnail

The US is Opting for Healthcare Call Center Outsourcing Companies – Here’s Why

Magellan Solutions

In recent years, the US healthcare industry has significantly increased its reliance on healthcare call center outsourcing companies to enhance patient care and operational efficiency. Improved customer support – Outsourced centers handle high call volumes extremely efficiently, reducing hold times. This raises satisfaction.