Skip to main content

Posts

Showing posts from June, 2021

What New Trends Will Disrupt Financial Services

Technological advancements have always been a driver of change. In a world of digital disruption fueled by the exponential growth of IT tools and technologies, financial service companies can thrive and serve their customers better only by adopting new technologies. With the rapidly evolving customers’ demands in the wake of Covid-19 Pandemic, competitive pressures, and new challenges, banks, insurance, Fintech, and Investment management companies can leverage several opportunities presented by continuous innovations in Fintech and disruptive technologies like Blockchain, Big Data, Cloud Computing, Robotic Process Automation, and Artificial intelligence. Here is a checklist of five popular trends that have disrupted financial services and are going to shape the future of banking: Hybrid Cloud With cloud computing having entered into the mainstream of finance companies, organizations prefer a hybrid cloud that is a combination of a private cloud with one or more public cloud services. I