Forrester Digital Transformation

SEPTEMBER 20, 2022

Banks should approach the current cost-of-living crisis in a similar manner to the pandemic, when many responded with empathy, flexibility, and creativity.

Banking 26

Banking Service Flexibility 26

Perficient Digital Transformation

APRIL 20, 2023

The Landscape According to Forbes Advisor: 2022 Digital Banking Survey , as of 2022, 78% of adults in the U.S. prefer to bank via a mobile app or website. blockchain​, digital wallets​, money center banks​, emerging payment solutions, digital lending​, economic turmoil​, and fintech disintermediation).

Banking 69

Banking Marketing Research Design 69

Everest Group

MAY 22, 2024

Simply put, segments and providers that could be at a higher risk of longer recovery cycles are the ones with heavier exposures to (a) discretionary revenue, (b) negative geo-specific dynamics, and (c) non-flexible delivery and commercial models. Take the example of banking, financial services, and insurance (BFSI).

Service 173

Service Banking Right-Sizing Research 173

IBM Services

NOVEMBER 29, 2023

As part of their modernization journey, clients want to have flexibility to determine what is the best “fit for purpose” deployment location for their applications. To deliver this service, the bank application employs an ecosystem of partner applications interoperating using the BIAN framework. initiative. initiative.

Banking 96

Banking Out-Tasking Sourcing Regulations 96

Everest Group

MARCH 13, 2024

Though a recent Everest Group survey revealed the pressing need for mainframe modernization, the technology is far from dead in the banking, financial services, and insurance (BFSI) industry. Goldman Sachs and Deutsch Bank have started using gen AI to generate code and refactor their modernization initiatives, closely watching the impact.

Banking 162

Banking Out-Tasking Insurance Efficiency 162

Everest Group

JANUARY 2, 2024

Additionally, the rise in delinquencies, stemming from a growing disparity between wage growth and expenses, is prompting lenders to embrace more user-friendly online tools for flexible payments.

Service 147

Service Finance Banking Flexibility 147

Everest Group

MAY 21, 2024

Advantages of outsourcing in actuarial transformation The advantages of outsourcing in actuarial transformation extend beyond fiscal efficiency to encompass resource flexibility, access to specialized knowledge, and freeing resources to focus on more strategic tasks.

Insurance 162

Insurance Outsourcing Flexibility Risk Management 162

inDinero

MARCH 6, 2025

By reducing risk, the SBA incentivizes banks to finance businesses that may be considered too dangerous under traditional standards. Program Purpose Loan Maximum Average Loan Size Best For 7(a) General-purpose loan for working capital $5 Million $443,000 General business needs, flexible 504 Long-term financing for purchasing fixed assets $5.5

Finance 59

Finance Co-Sourcing Banking Right-Sizing 59

Groove Technology

SEPTEMBER 5, 2021

Location-based services, geolocation and banking, for tracking, ticketing and recent mobile health applications. One of the key characteristics of great apps is that they’re fast, stable, and flexible. must provide the pin code, bank account information. Personalized UX.

Out-Tasking 246

Out-Tasking Design Banking Marketing 246

Everest Group

JULY 23, 2024

Airline, hospital, banking operation, auto company systems and more were crippled across the globe. Business continuity plan (BCP) measures – redundancy, flexibility, and crisis management Having BCP measures in place can be crucial, as outages such as these can often result in entire teams in a particular region being cut off.

Flexibility 147

Flexibility Banking Risk Management Risk Management 147

Groove Technology

NOVEMBER 15, 2024

As the demand for fintech solutions and mobile banking rises, outsourcing enables financial institutions to meet these demands swiftly and cost-effectively. Flexible Staffing Models: Models like global IT outsourcing are becoming increasingly popular.

Software 100

Software Outsourcing Cybersecurity E-Commerce 100

Everest Group

OCTOBER 1, 2022

Low code/no code development holds promise for banking, financial services, and insurance (BFSI) firms to gain agility and cost-effectively build innovative technology solutions – without needing professional developers who are in short supply. Learn about the market potential and provider landscape in this blog.

Insurance 147

Insurance Banking Reduced Costs Collaborations 147

Groove Technology

SEPTEMBER 26, 2024

Compared to in-house development, outsourcing offers unique advantages in terms of flexibility, cost-effectiveness, and access to diverse skill sets. billion during 2021-2026, partly due to the flexibility it offers in scaling teams up or down based on project needs. In comparison, 40% view it as a means to address capacity issues.

Software 130

Software Outsourcing Offshoring Nearshoring 130

Perficient Digital Transformation

AUGUST 4, 2024

Scalability and Flexibility Financial organizations often face fluctuating demands and need a flexible infrastructure that can scale accordingly. For example, a bank can integrate its transaction processing system with Azure Machine Learning to instantly identify and flag suspicious activities, reducing fraud risk.

Service 110

Service Banking Risk Management Risk Management 110

Everest Group

AUGUST 30, 2022

Bank of America. The influence of work flexibility (e.g., the option to choose one’s working model, work schedule flexibility, etc.) Topping the 2022 list of Top GBS Employers in India are these 10 organizations: Google. z International. American Express. on job satisfaction ratings is increasing across geographies.

Global Business Services 130

Global Business Services Service Banking Advisory 130

Everest Group

NOVEMBER 18, 2022

To win the talent war, enterprises need to revamp their employee listening programs and be acutely attuned to employee needs such as mental health, well-being, safety, flexibility, and work-life balance and this should be a continuous process rather than being limited to annual surveys. Additional market highlights.

Management 130

Management Right-Sizing Human Resources Research 130

Everest Group

NOVEMBER 7, 2022

Business solution providers such as Veeva Systems Life Sciences Cloud, Temenos Banking Cloud, and Guidewire Cloud for Insurance deliver true and heavily nuanced vertical solutions by providing niche industry-specific functionalities covering the breadth and depth of the value chain, targeting industry pain points.

Co-Sourcing 130

Co-Sourcing Banking Manufacturing Retail 130

Automation Anywhere

JANUARY 5, 2021

Lifting our burden of time-consuming manual processes, RPA makes us more flexible. Operating at superhuman speed wins races for relief COVID-19-era companies need new levels of flexibility to reduce errors and turnaround time. The financial sector requires flexibility to cope with massive new volumes during COVID-19.

Robotics Process Automation 98

Robotics Process Automation Diagnostic Services Banking Pharmaceuticals 98

Everest Group

JULY 6, 2023

Among the highest rated employers are American Express, AT&T, Bank of America, Cisco Systems, Colt, Expedia Group, Experian, Ford Motor Company, GSK, Mondelēz International, Sun Life Financial, Target & Trans Union. Work flexibility as well as diversity and inclusion emerged as crucial factors in attracting and retaining talent.

Global Business Services 147

Global Business Services Service Pharmaceuticals Research 147

Everest Group

APRIL 3, 2024

Gen AI has recently gained considerable attention in the banking, financial services, and insurance (BFSI) industry. In light of the dynamic regulatory landscape, remaining flexible to accommodate incoming regulations is crucial. Non-compliance with these regulations may lead to fines and legal consequences.

Regulations 173

Regulations Out-Tasking Insurance Cybersecurity 173

Groove Technology

JUNE 15, 2023

Do you need a cost-effective solution that offers flexibility and scalability? Flexibility and Agility In today's fast-paced business landscape, flexibility and agility are crucial for success. This flexibility enables organizations to respond promptly to market demands, accelerate time-to-market, and gain a competitive edge.

E-Commerce 130

E-Commerce Flexibility Collaborations Healthcare 130

Immedus

FEBRUARY 17, 2022

Empowering employees to enter their personal and bank details and keep this information updated also reduces the likelihood of errors. Employees can enter their banking details directly in the Immedis global payroll platform. And saves the payroll team’s time, leaving them to work on more strategic tasks. Consolidation of payrolls.

Payroll 119

Payroll Banking Sourcing Software 119

Automation Anywhere

OCTOBER 14, 2021

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 Customers have also been making use of intelligent automation, particularly chatbots, during the pandemic. million customers and 105.6

Service 98

Service Banking Robotics Process Automation Finance 98

Everest Group

AUGUST 24, 2022

After enduring the turmoil and uncertainty of the pandemic, enterprises surveyed said they valued IT service and technology providers’ efforts to adapt to sudden enterprise demand shifts, take a more customer-centric approach, and offer flexible and transparent commercial relationships.

Management 130

Management Flexibility Collaborations Insurance 130

IBM Services

SEPTEMBER 18, 2023

As part of our approach, we are sourcing digitally native business-process capabilities from multiple fintechs, given that no two banks are likely going to going to have the same set of applications or processes. It is also abstracted at a common infrastructure control plane that aims to make it easy for banks to adopt and consume.

Finance 87

Finance Banking Regulations Advisory 87

Perficient Digital Transformation

FEBRUARY 2, 2023

Visa launched its pilot biometric payment card with Mountain America Credit Union and Bank of Cyprus, introducing the fingerprint scan as an alternative authentication method to a pin number. In 2023, we expect to see this response exaggerated and heightened. Here are some of the biggest payment trends we’re forecasting for the new year.

Accounting 110

Accounting Banking Flexibility Retail 110

Groove Technology

MAY 18, 2023

MuleSoft’s focus on API-led connectivity and event-driven architecture aligns well with these trends, enabling businesses to build flexible and scalable integrations that can adapt to changing business needs.

E-Commerce 130

E-Commerce Supply Chain Management Government Banking 130

Everest Group

JULY 8, 2022

With location flexibility emerging as a strong value proposition for employees, balancing employee preferences and organization goals (e.g., banks centralizing third-party risk compliance that supports different businesses). Return to office (location) is a top priority for GCC leaders. building workplace culture) is becoming critical.

Nearshoring 130

Nearshoring Offshoring Banking Flexibility 130

3Pillar Global

SEPTEMBER 21, 2023

Digital product design in banks, credit unions, and financial institutions can find the same successful path by viewing errors not as setbacks, but as useful feedback and opportunities for insight. Adopting Flexibility and Innovation In financial services, customers expect convenient, state-of-the-art technology at the touch of a screen.

Design 91

Design Flexibility Banking Service 91

Globalization Partners

DECEMBER 15, 2022

In 2019, South Korea was ranked 5th by the World Bank in terms of ease of doing business. On flexible work arrangements. Now, flexible arrangements are becoming increasingly common within the country as well. On ease of doing business. This has been met with approval by nearly 80 percent of the workforce.

Flexibility 98

Flexibility Manufacturing Regulations Marketing 98

Everest Group

AUGUST 30, 2022

The pandemic brought about the work-from-home (WFH) era, dispelling many negative notions around WFH, and set a standard of work-life balance, flexibility, and autonomy that employers must deliver. High-ranking companies also offer flexibility and options for remote work and the chance to work across teams for cross-functional exposure.

Global Business Services 130

Global Business Services Service Research Advisory 130

IBM Services

DECEMBER 1, 2023

By creating an agile, flexible and scalable computing environment, hybrid cloud offers valuable use cases for businesses to accelerate growth and gain a competitive advantage. fast and secure mobile banking apps). fast and secure mobile banking apps). What is hybrid cloud ?

E-Commerce 86

E-Commerce Banking Flexibility Software 86

Automation Anywhere

MARCH 25, 2021

In the 1960s, banks introduced ATMs. With the new millennium came 24/7 online banking and then mobile banking. They also offer the flexibility to handle any workload—planned or unplanned—by scaling the Digital Workforce as required. In the 1970s, electronic card-based payments arrived.

Service 98

Service Robotics Process Automation Banking Automation 98

Everest Group

JANUARY 27, 2022

Other industries where specialized expertise in finance and accounting is highly valued include banking and financial services (BFS), media and entertainment, healthcare, retail and consumer packaged goods (CPG), and travel and logistics.

Finance 130

Finance Accounting Outsourcing Retail 130

Groove Technology

SEPTEMBER 26, 2024

Fixed price offers budgetary certainty but may lack flexibility. The company offers flexible resource augmentation through two synergistic models: Staff Augmentation and Dedicated Teams. Their focus on emerging technologies and flexible engagement models makes them an attractive option for businesses seeking innovative solutions.

Offshoring 130

Offshoring Software Outsourcing Right-Sizing 130

Avasant

AUGUST 26, 2022

Launched amid the Covid-19 pandemic, the training funded by IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), is geared towards bridging crucial knowledge gaps so that deserving Guyanese youth are adequately equipped to leverage their education and skills into sustainable job opportunities.

Advisory 98

Advisory Banking Jobbing Government 98

IBM Services

SEPTEMBER 18, 2023

The payments ecosystem is at an inflection point for transformation, especially as we see the rise of disruptive digital entrants who are introducing new payment methods, such as cryptocurrency and central bank digital currencies (CDBC). This is just one of many examples that show how the payments space has evolved.

Banking 75

Banking Regulations Design Risk Management 75