With increasing diversity in the banking customers’ age groups, needs, values, priorities and perspectives, banks interact with several ‘generations’ of customers. Multigeneration banking evolved from the need for providing personalized and unique experiences to a variety of customer segments. Changing demographics, incomes, attitudes and behaviours along with instant availability of information have empowered the banking
Conducted by India’s primary association of software companies, the second in a series of deep dive sessions on Big Data and Analytics focused on how risktech innovations are helping companies in various industry sectors leverage risk analytics to address the challenges of managing risk across operations, regulatory compliance, supply chain, finance, ecommerce, and credit.
From driverless cars to virtual personal assistants, AI is transforming industry sectors but not really when it comes to banking regulatory compliance. With 300+ million regulatory documents expected to be published by 2020, implementing AI-based regtech early can help accelerate compliance efficiencies.