Apac
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    DevOps

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    IT Services

    Marine Tech

    Networking

    PropTech

    Remote Work

    Robotics

    Scheduling Software

    Sensor Tech

    Simulation

    Smart City

    Software Testing

    Startup

    Storage

    Unified Communication

    Web Development

    Wireless

  • Automotive

    Banking

    Capital Market

    Construction

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Gov and Public

    Healthcare

    Insurance

    Legal

    Logistics

    Manufacturing

    Media and Entertainment

    Metals and Mining

    Pharma and Life Science

    Retail

    Sports

    Travel and Hospitality

  • CISCO

    Google

    IBM

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Collaboration

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Digital Signage

    Enterprise Architecture

    Enterprise Asset Management

    Enterprise Communications

    Enterprise Contract Management

    Enterprise Performance Management

    ERP

    Facility Management

    Field Service

    Fleet Management

    Gamification

    HR Technology

    IT Infrastructure

    IT Service Management

    Managed Services

    PLM

    Procurement

    Product Management

    Project Management

    RegTech

    Revenue Management

    Sales Tech

Menu
    • CISCO
    • Collaboration
    • Compliance
    • Contact Center
    • Healthcare
    • IT Service Management
    • Microsoft
    • Retail
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Banking
    Editor's Pick (1 - 4 of 8)
    left
    Will Finance Automation Prove to be the Merger of the COO & CFO Roles?

    Amit Agrawal, Delivery Manager, NTT Data

    Asian Development Bank: Using Emerging Digital Technologies for the Common Good

    Shirin Hamid, CIO, & CTO, Asian Development Bank

    An In-depth Sight on Banking Technology

    Sandeep Khera, Chief Information Officer, XAC Bank

    Where was the Cloud when I was Younger?

    John Ferlito, Chief Technical Officer, Bulletproof

    Synergistic Opportunities for Banks and Fintech Companies

    Patrick Maes, CTO,

    Data Analytics: Bringing In A New Level Of Detail And Visibility

    David H. Robinson, SVP & Chief Information Officer, Lockton

    Demonstrating Business Value is Key To Success

    Mark Schlesinger, SVP & CIO, Broadridge

    Why Your Payments Strategy is the Key to Your Digital Future

    Tina Giorgio, President and CEO, ICBA Bancard

    right

    Automation in Banking: What to Expect in 2019?

    By Apac CIO Outlook | Thursday, February 07, 2019
    Tweet

    With mobile devices increasingly user-friendly and increasing internet usage, companies have begun to change their old ways of solving problems and embracing digital transformation. This is followed by the implementation of digital technology in all business sectors, from changing the business process to providing customers with value-added services. Technological advancements play a significant role in improving the way a company works and helps the company develop in the market.

    Digital banking has made banks completely digital and has automated several operations—at the front, middle, and back office. This may include not only the use of internet banking, mobile banking at the front end, but also the comprehensive coverage of complete banking automation from the back end, including direct processing.

    A company’s digital transformation should involve the development of new platforms, transform the existing business model, and also help to demonstrate concepts by generating actionable insights. They should involve in every process from the design, architecture, development, to testing of the UI. These companies should also combine analytics, data, and marketing technologies strategically to create digital marketing strategies for customers who aim to retain existing customers and acquire new ones. They deliver marketing on digital platforms.

    Check out Top APAC Payment Solution Companies - Magpie, Payment Asia, Swipesumo,...

    Digitalization is an essential opportunity for employees, not a threat to their safety at work. AI technology can be used widely to support both fully automated processes and help people serve faster. Employees need to search for potential opportunities. By using robots to carry out repeated tasks, companies can open new business models that serve customers better while they are free.

    The future of secure digital payment lies in contactless methods of payment; this includes mainly sound waves, RFID, QR, and NFC. Contactless payments, whether in the retail sector or tariff payments, are much simpler and faster. The APIs for banking can be located between the backend systems of a bank. The combined experience of the bank and third-party services will enable new abilities, such as the opening of their internal infrastructure to third-party developers, to develop their software, and provide their customers with new cases of use to stay ahead in the competition.

    Weekly Brief

    loading
    ON THE DECK

    Content Management System 2020

    Top Vendors

    Contactless Payments 2020

    Top Vendors

    Admired Tech 2020

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Leveraging CRM to Transform Leads Into Customers

    Leveraging CRM to Transform Leads Into Customers

    Major IoT Software Implementation Challenges

    Major IoT Software Implementation Challenges

    Key Advantages of Using Smart Home Technologies

    Key Advantages of Using Smart Home Technologies

    The Relevance of LMS in Education

    The Relevance of LMS in Education

    Advantages of Using the Microsoft Office Suite for Businesses

    Advantages of Using the Microsoft Office Suite for Businesses

    Three Shopping Trends in Fashion Industry

    Three Shopping Trends in Fashion Industry

    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy  |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/automation-in-banking-what-to-expect-in-2019-nwid-6034.html