World’s banks accelerate shift to digital after COVID-19

Lavern Vogel

Digital technology highlighted as critical to meeting new decarbonization targets as Atos launches newDigital Eyesight: Digital Banking paper 6 October 2021 Financial institutions are quickly accelerating their shift to digital channels as they seek out to reinvent their company products in reaction to the COVID-19 pandemic, a new paper from […]

Digital technology highlighted as critical to meeting new decarbonization targets as Atos launches newDigital Eyesight: Digital Banking paper

6 October 2021

Financial institutions are quickly accelerating their shift to digital channels as they seek out to reinvent their company products in reaction to the COVID-19 pandemic, a new paper from Atos reveals.

Incumbent financial institutions are facing a main obstacle in fighting off digital rivals, although all financial institutions must harness technology in purchase to fulfill new decarbonization targets and regulatory needs, as well as cater for rising buyer needs.

Two thirds (66 for every cent) of banking leaders named reworking the digital purchaser working experience as a top rated priority over the next 12 months in a study, although a additional eighty for every cent stated digital technology is critical to acquiring their decarbonization targets. Pretty much half named account security and security from fraud as a critical priority.

The success, from a study that incorporated four hundred retail banking leaders throughout North The usa and Europe, are highlighted in the latest world feeling paper by Atos, Digital Eyesight: Digital Banking, which brings collectively top voices from throughout the field and geographies, together with North The usa, to study the latest trends that are shaping and reworking the digital long run of banking.

Digital Eyesight: Digital Banking illustrates how digital technology is earning banking smarter, greener and safer. It specifics how major facts, synthetic intelligence, blockchain and the Online of Issues are providing financial institutions new chances to change the purchaser working experience, decarbonize operations, and protect their company and customers from external threats.

Adrian Gregory, World Head of Money Services & Insurance coverage at Atos, stated:“Digital disruption is not new to the banking field: systems progress and hungry current market entrants are rising all the time. What has improved, even so, is the massively accelerated shift to digital channels as a outcome of Covid-19.Atos is doing the job with our banking customers and world associates to support navigate and speed up company and digital transformation to produce banks’ priorities and ambitions. At this pivotal time in background, we see vital chances to collaborate to support develop a cleaner, a lot more inclusive and protected long run for all.”

The Digital Eyesight: Digital Banking paper builds on the working experience of Atos as a top digital spouse to many of the world’s banking, capital marketplaces and coverage providers, supplying integrated technology solutions that support monetary companies vendors prosper in a quickly evolving digital earth.

Above the previous 12 months by itself, Atos has secured a broad vary of banking, coverage, pensions, and capital marketplaces contracts throughout several continents. Examples include things like the selection of Atos by Banque Misr, one particular of the biggest financial institutions in Egypt, to assist its transformational journey to turn out to be the country’s first digital bank a minimum 10-12 months agreement with Nest to structure and construct a long run targeted pension scheme and an extended settlement to speed up transformation with Dutch insurer VGZ.

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About Atos

Atos is a world chief in digital transformation with 105,000 employees and annual income of over € eleven billion. European amount one particular in cybersecurity, cloud and superior performance computing, the Team offers personalized conclusion-to-conclusion solutions for all industries in seventy one nations. A pioneer in decarbonization companies and products, Atos is committed to a protected and decarbonized digital for its shoppers. Atos operates less than the makes Atos and Atos|Syntel. Atos is a SE (Societas Europaea), stated on the Up coming 20 Paris Inventory Index.

The function of Atos is to support structure the long run of the information area. Its expertise and companies assist the growth of awareness, schooling and investigate in a multicultural method and contribute to the growth of scientific and technological excellence. Across the earth, the Team enables its customers and employees, and customers of societies at substantial to reside, perform and acquire sustainably, in a risk-free and protected information area.

Push contact: Helena Shadbolt helena.shadbolt@mhpc.com +forty four ()20 3128 8799, Nick Collins nick.collins@mhpc.com +forty four ()20 3128 8897

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