The need for the most efficient and effective Know Your Customer regulations and KYC solutions has never been stronger as conventional banking advances online. Customers may open accounts with banks, brokerage firms, and other financial organizations using only their cell phones. They may use an app to apply for financing and invest in inequities. They can do it securely and … [Read more...] about The future of KYC: Why KYC Banking Is Important and What banks need to know
Did you know that human error in the financial sector results in 25,000 hours of avoidable rework on average per enterprise and costs $878,000 per year? No wonder financial institutions are eager to turn things around. One option would be turning to robotic process automation development services. According to a study by McKinsey, about 60% of occupations can automate over 30% … [Read more...] about How to Implement RPA in Finance and Banking
This is an opportunity to see and think things differently. No country, company or community can tackle the future alone. To build a better world, thinkers and doers must come together to share ideas, collaborate and act. REUTERS NEXT draws on Reuters global reach to host diverse voices from around the world who will examine topics from different perspectives, bringing … [Read more...] about REUTERS NEXT
Crypto is heating up with Non-Fungible Tokens (NFTs) and DeFi exploding onto the scene, scalability of Ethereum is becoming a reality, interest in Decentralised Finance (DeFi), Central Bank Digital Currencies (CBDCs) and Non-Fungible Tokens (NFTs) are hot, regulators are scrutinising closely and expectations that bitcoin is going to the moon soon, is causing a rumble in the … [Read more...] about Crypto Fest 2021
IoT is all about the exchange of information among devices via the internet. The catch here is that there is no human intervention. It may seem a bit scary, but these devices have widespread application today. For instance, the only reason you can monitor your home via a security camera while sitting in your office chair is IoT. If you can turn the AC ON at your home before … [Read more...] about How is IoT Transforming the Game for Financial Services?