Everest Group

MARCH 7, 2025

The regulatory paradox: Why AI governance struggles to keep pace As AI advances at breakneck speed, global regulatory efforts are proving insufficient in addressing its environmental and ethical implications. The European Union (EU) AI Act, heralded as a landmark regulation, aims to impose risk-based compliance measures.

Regulations 130

Regulations Co-Sourcing Manufacturing Government 130

Everest Group

FEBRUARY 23, 2023

With Australia facing a looming recession, outsourcing is emerging as a solution for banks and financial institutions to navigate economic uncertainty, improve efficiency, and find expert talent. Will banks suffer? In one word: Yes. Financial services have been significantly impacted by the Australian recession.

Banking 130

Banking Outsourcing Marketing Regulations 130

Everest Group

FEBRUARY 21, 2022

With their growing maturity, Global Business Services (GBS) organizations in Banking and Financial Services (BFS) have taken on critical roles in the data value chain. To learn how banking GBS organizations have evolved to become best-in-class partners supporting enterprise data transformation and the key attributes they now possess, read on.

Banking 130

Banking Analytics Finance Engineering 130

The Global Small Business Blog

NOVEMBER 2, 2022

government export financing resources available through the U.S. Export-Import Bank (EXIM Bank), U.S. Inquire with your current trade finance provider about available or planned digital options that could enhance efficiency and reduce costs. Small Business Administration (SBA), and U.S. Department of Agriculture (USDA).

Finance 192

Finance Banking Reduced Costs Administrative 192

Everest Group

SEPTEMBER 25, 2024

This new, diverse leadership team is expected to drive growth and innovation at FNZ, with a focus on integrating technology to enhance client experiences and operational efficiency.

Banking 147

Banking Management Analytics Insurance 147

Automation Anywhere

APRIL 27, 2022

The lines between banks and banking are blurring more and more. Traditional banking and financial services firms have been slow to react. Traditional banking and financial services firms have been slow to react. Successful banking process improvement requires placing equal importance on internal and external forces.

Banking 98

Banking Robotics Process Automation Automation Efficiency 98

Automation Anywhere

JULY 13, 2022

As more fintechs enter the market and consumer preferences shift, traditional retail banks face significant challenges in attracting and holding customers while remaining profitable. Recently, my company, Bain & Company, surveyed retail banks. Recently, my company, Bain & Company, surveyed retail banks.

Banking 96

Banking Retail Automation Robotics Process Automation 96

Everest Group

DECEMBER 14, 2022

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. FinTechs will move away from bundling/aggregation to financial ecosystem orchestration.

Banking 182

Banking Insurance Finance Advisory 182

Everest Group

NOVEMBER 16, 2022

Global Business Services (GBS) organizations have a big opportunity to champion Environment, Social, and Governance (ESG) in banking and financial services (BFS) institutions. These organizations are also focusing on workplace diversity , pay equity, and good governance structure to meet their ESG aspirations.

Sourcing 130

Sourcing Banking Global Business Services Out-Tasking 130

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

Learn more the team at Bank of Montreal and their third-party management strategy with their Armored Car innovations. Joint Steering Committee meetings and working sessions between BMO and our sole source provider to ensure process governance, issue resolution and benefit realization are ongoing.

Banking 81

Banking Management Sourcing Administrative 81

Premier BPO

AUGUST 17, 2021

These Corporate giants, which have been performing a wide spectrum of business processes in Pakistan for decades, now realize what a proven, reliable locale it is as a major destination to ramp up their BPO processes quickly, efficiently, and reliably in such times as these. by the World Bank – PSEB. and other U.S.

Offshoring 246

Offshoring BPO Outsourcing Government 246

inDinero

JULY 8, 2021

Any business loan or line of credit from a bank—brick-and-mortar or online—will carry more favorable terms if you have a decent business credit scor e. Lenders use your business credit score to determine how likely you are to repay your loan; the lower the score, the less attractive you are to a lender, especially banks.

Banking 69

Banking Accounting Regulations Government 69

Everest Group

JANUARY 12, 2024

While the future of digital assets was once uncertain, the recent surge in investments, partnerships, and pilot use cases spearheaded by banks and technology giants has laid the doubts to rest. This holds particularly true for cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs).

Banking 162

Banking Retail Insurance Collaborations 162

Redial

APRIL 17, 2024

The past decade has been a rapid change in the South Africa business, ranked by the World Bank as an “upper middle-income country”. The total investment of the US in South Africa was only 5% by 2002 according to the South African Reserve Bank. Earning more than $1bn annually of the 400+ companies , more than half are in South Africa.

Banking 130

Banking Human Resources Outsourcing Legal Services 130

Redial

APRIL 17, 2024

The past decade has been a rapid change in the South Africa business, ranked by the World Bank as an “upper middle-income country”. The total investment of the US in South Africa was only 5% by 2002 according to the South African Reserve Bank. Earning more than $1bn annually of the 400+ companies , more than half are in South Africa.

Business Process Outsourcing 130

Business Process Outsourcing Banking Human Resources Outsourcing 130

Groove Technology

MAY 18, 2023

MuleSoft’s real-time integration capabilities enable businesses to achieve faster time-to-market, better customer experiences, and improved operational efficiency by providing a unified, scalable, and secure platform for orchestrating data flows across hybrid environments. What are the benefits of MuleSoft real-time integration?

E-Commerce 130

E-Commerce Supply Chain Management Government Banking 130

Perficient Digital Transformation

APRIL 8, 2024

A top-leading bank, grappling with business and regulatory challenges, faced scrutiny after failing the Federal Reserve’s annual stress test. To bolster its capabilities and ensure compliance, the bank sought assistance from Perficient in delivering exceptional project and program management services to tackle their significant hurdles.

Banking 52

Banking Management Risk Management Risk Management 52

Everest Group

NOVEMBER 30, 2023

Our research highlights the transformative power of technology in reducing carbon footprints, enhancing energy efficiency, and driving sustainable practices across sectors as diverse as oil & gas, banking & finance, and manufacturing. This is a theme prominent not just at an enterprise level, but also at an international level.

Supply Chain Management 162

Supply Chain Management Finance Research Government 162

Everest Group

APRIL 3, 2024

Gen AI has recently gained considerable attention in the banking, financial services, and insurance (BFSI) industry. Implementing gen AI can improve the velocity of change, increasing the overall efficiency of existing tasks. Many use cases that go beyond creating or summarizing content are being explored throughout the value chain.

Regulations 173

Regulations Out-Tasking Insurance Cybersecurity 173

Everest Group

JULY 17, 2024

Sustainability in insurance transcends traditional practices, weaving Environmental, Social, and Governance (ESG) elements into the core of day-to-day operations, thereby safeguarding the future of stakeholders and the planet. While accurately forecasting the future remains a challenge, identifying catalysts for market changes is possible.

Insurance 173

Insurance Risk Management Risk Management Regulations 173

Everest Group

APRIL 12, 2022

With these recurring global shocks unsettling global trade dependencies, the changing dynamics of international relations, and the growing uncertainties, governments across the globe are moving to implement policies to make supply chains more resilient. Similarly, countries depending on Ukraine’s IT outsourcing services are suffering as well.

Supply Chain Management 130

Supply Chain Management Management Banking Outsourcing 130

Everest Group

APRIL 12, 2022

With these recurring global shocks unsettling global trade dependencies, the changing dynamics of international relations, and the growing uncertainties, governments across the globe are moving to implement policies to make supply chains more resilient. Similarly, countries depending on Ukraine’s IT outsourcing services are suffering as well.

Supply Chain Management 130

Supply Chain Management Management Banking Outsourcing 130

Zinnov

FEBRUARY 27, 2024

Defining Autonomous Workflows Let us try to understand how Autonomous Workflows differ from Automated Workflows: Automated Workflows are systematic processes executed with technology, designed to reduce manual dependency, enhance efficiency, and minimize errors through predefined rules and conditions. Intelligent Automation 2.0

Efficiency 52

Efficiency Robotics Process Automation Automation Banking 52

Automation Anywhere

JUNE 1, 2022

In factories , where engineers fix faults in machinery or other devices, automation can save time and efficiency costs because software bots can pinpoint the exact source of the fault and notify engineers so that they can fix it quickly and get things back up and running.

Automation 145

Automation Manufacturing Retail Efficiency 145

Everest Group

MARCH 19, 2024

Adequate resources are crucial to ensure scalability, allowing Gen AI systems to manage increasing workloads efficiently. These can play a pivotal role in easing the efficient deployment, orchestration, and monitoring of AI models. Gen AI can generate content that is low in authenticity.

Government 147

Government Advisory Risk Management Risk Management 147

IBM Services

FEBRUARY 6, 2024

One of the more complex challenges banks must solve is to make payments more efficient. The service launch means that if a bank or wallet participates in Alipay+, customers can make real-time payments simply by scanning the QR code using DuitNow in Malaysia. The reasoning for the D.C.

Banking 93

Banking Government Retail Reduced Costs 93

Everest Group

APRIL 3, 2024

Establishing a governance structure with clearly defined roles and responsibilities to adopt PQC effectively is also recommended. How can service providers help enterprises navigate the PQC era effectively and efficiently?

Cybersecurity 182

Cybersecurity Research Banking Collaborations 182

Automation Anywhere

OCTOBER 14, 2021

Intelligent bots can gather and analyze large amounts of data faster and more efficiently than humans. For example, in the first quarter of 2021, more Bank of America customers used the financial institution’s virtual assistant Erica and in far greater frequency than in the past— more than 19.5 million customers and 105.6

Service 98

Service Banking Robotics Process Automation Call Center 98

Automation Anywhere

MARCH 25, 2021

The financial services industry has always been an early adopter of technology to enhance the efficiency of operations and customer satisfaction. In the 1960s, banks introduced ATMs. With the new millennium came 24/7 online banking and then mobile banking. In the 1970s, electronic card-based payments arrived.

Service 98

Service Robotics Process Automation Banking Automation 98

IBM Services

SEPTEMBER 18, 2023

Supplier visibility and traceability is growing in importance to help achieve environmental, social and governance (ESG) targets. This approach can provide users with new and more efficient ways of conducting and financing global trade.

Finance 87

Finance Banking Regulations Advisory 87

Zinnov

AUGUST 24, 2022

To help counter threats, many governments, including in the US, are providing incentives to SMBs to focus more on Cybersecurity. Mn from its bank account. The thieves gained access to the escrow company’s bank data using a form of ‘Trojan horse’ malware. The Growing Threat.

Cybersecurity 144

Cybersecurity Insurance E-Commerce Banking 144

Mercans

FEBRUARY 6, 2025

Key modernization levers include multicountry payroll engines, workflow automation, AI/ML-powered chatbots, and process reengineering to boost efficiency and accuracy. Mercans delivers global payroll services through its API-driven G2N Nova payroll engine, a solution offering no-code integrations.

Payroll 52

Payroll Engineering Streamline Operations Retail 52

Automation Anywhere

APRIL 29, 2021

In this blog, we’ll look at real-world AI applications in four different industries—healthcare, retail, manufacturing, and banking—to show you how AI can be a force for good in business. The use of forecasting through predictive analytics has always existed for improving efficiency for inventory management.

Automation 98

Automation Robotics Process Automation Banking Manufacturing 98

Everest Group

JULY 15, 2022

Modern enterprises view technology and tech spend to transform their business and become more innovative and efficient. All of us could see it, as could customers, economists, governments, central banks, and equity markets. Have parts of my portfolio already been adjusted for maximum efficiency during the pandemic?

Service 130

Service Out-Tasking Accounting Banking 130

IBM Services

FEBRUARY 26, 2024

The financial services industry has been in the process of modernizing its data governance for more than a decade. But as we inch closer to global economic downturn, the need for top-notch governance has become increasingly urgent. In the financial space, 40% of banks and 41% of credit unions have already deployed cloud technologies.

Service 97

Service Regulations Engineering Banking 97

Perficient Digital Transformation

FEBRUARY 16, 2023

ServiceNow’s FSO allows financial institutions to automate core operational processes, through pre-built applications and workflows that streamline operations across all departments from front to back office, in a more efficient manner. ServiceNow was named a Leader in The Forrester Wave: Value Stream Management Solutions, Q4 2022.

Service 111

Service Out-Tasking Automation Banking 111

IBM Services

FEBRUARY 5, 2024

The Australian government is officially phasing out checks by 2030 as part of a wider range of payment reforms for the digital era. This solution enables banks to transact with an ecosystem of partners that have the security, resiliency and compliance capabilities in place to handle changing check processing needs.

Banking 91

Banking Business Process Outsourcing Flexibility Regulations 91