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

Everest Group

Blockchain technology promises to transform banking, financial services, and FinTechs by enhancing the digital customer experience while lowering costs and reducing data risks in a secure environment. Service providers investing in blockchain capabilities will win in the long run. Banks and financial institutions using blockchain 1.

Banking 246
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Driving Factors for IT Services Recovery in 2024: Insights from Everest Group’s Forces & Foresight™ Research | Blog

Everest Group

Our inaugural Forces & Foresight research uncovers three factors we predict will drive a gradual recovery in tech services this calendar year. Continue reading to understand the projected path for the IT services industry’s rebound and implications for providers. Learn more about Forces & Foresight.

Research 173
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How the UBS Takeover of Credit Suisse Will Impact the BFS IT Services Market | Blog

Everest Group

UBS’ takeover of longtime rival Credit Suisse in a rushed, deeply discounted deal has reverberations across the banking and financial services (BFS) IT services market and on service providers. Credit Suisse was already battling concerns when its biggest annual loss since 2008 exacerbated the situation.

Banking 130
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AI Regulations for Financial Services: OCC

Perficient Digital Transformation

This mitigates the risk of customer service representatives providing incorrect information and ensures compliance with regulatory disclosures, ultimately enhancing the overall customer experience while reducing costs.

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From Buzzwords to Reality: Impact Sourcing and AI for Social and Business Advancement | Blog

Everest Group

Learning about NextWealth Notable Wipro veterans founded the company in 2008 to employ graduates in less populated Indian tier 2/3 towns. The other two supports leverage best-in-class technology for efficient service delivery and workforce skill enhancement, contributing to its operational success.

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Five FinTech Trends to Watch for in the New Year | Blog

Everest Group

Looking back at the downturn in 2008, new FinTech trends emerged, including personal finance management (PFM), insurance aggregators and marketplace, robo-advisors, crowdfunding, challenger/neo/digital-only banks, and cryptocurrencies. The last decade has seen FinTechs eat into the front-office surplus of incumbent financial services firms.

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The Bumpy Road Ahead for US Automakers: Everything You Need to Know About the UAW Strike Disrupting the Industry | Blog

Everest Group

The strategic move by the union to hit parts centers rather than production facilities will impact supply chains, making it harder for the companies to source new parts to repair and service vehicles that have already been sold. 15, simultaneously targeting all three automakers.