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

Digital technological innovation highlighted as key to assembly new decarbonization targets as Atos launches newDigital Eyesight: Digital Banking paper

6 October 2021

Banking institutions are speedily accelerating their shift to electronic channels as they find to reinvent their organization styles in response to the COVID-19 pandemic, a new paper from Atos reveals.

Incumbent banks are facing a main problem in preventing off electronic competitors, while all banks should harness technological innovation in order to meet new decarbonization targets and regulatory demands, as effectively as cater for mounting customer needs.

DVDBTwo thirds (sixty six per cent) of banking leaders named transforming the electronic customer experience as a top priority over the upcoming 12 months in a study, while a additional 80 per cent said electronic technological innovation is crucial to achieving their decarbonization targets. Nearly fifty percent named account stability and defense from fraud as a key priority.

The benefits, from a study that involved 400 retail banking leaders throughout North The usa and Europe, are highlighted in the most current global viewpoint paper by Atos, Digital Eyesight: Digital Banking, which brings alongside one another primary voices from throughout the business and geographies, together with North The usa, to study the most current developments that are shaping and transforming the electronic potential of banking.

Digital Eyesight: Digital Banking illustrates how electronic technological innovation is making banking smarter, greener and safer. It aspects how big info, synthetic intelligence, blockchain and the Online of Issues are presenting banks new prospects to renovate the customer experience, decarbonize functions, and shield their organization and prospects from external threats.

Adrian Gregory, World Head of Economic Providers & Insurance coverage at Atos, said:“Digital disruption is not new to the banking business: technologies advance and hungry market place entrants are emerging all the time. What has transformed, nevertheless, is the massively accelerated shift to electronic channels as a final result of Covid-19.Atos is performing with our banking prospects and global companions to enable navigate and speed up organization and electronic transformation to produce banks’ priorities and ambitions. At this pivotal time in record, we see important prospects to collaborate to enable generate a cleaner, additional inclusive and secure potential for all.”

The Digital Eyesight: Digital Banking paper builds on the experience of Atos as a primary electronic spouse to a lot of of the world’s banking, funds markets and insurance corporations, giving integrated technological innovation methods that enable monetary solutions providers prosper in a speedily evolving electronic earth.

Around the past 12 months alone, Atos has secured a broad range of banking, insurance, pensions, and funds markets contracts throughout many continents. Examples include things like the collection of Atos by Banque Misr, a person of the biggest banks in Egypt, to aid its transformational journey to turn into the country’s initially electronic financial institution a minimum 10-12 months contract with Nest to style and construct a potential concentrated pension scheme and an prolonged settlement to speed up transformation with Dutch insurance provider VGZ.

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About Atos

Atos is a global leader in electronic transformation with one zero five,000 staff members and annual earnings of over € eleven billion. European range a person in cybersecurity, cloud and large functionality computing, the Team presents tailor-made conclude-to-conclude methods for all industries in seventy one nations. A pioneer in decarbonization solutions and products and solutions, Atos is fully commited to a secure and decarbonized electronic for its shoppers. Atos operates below the models Atos and Atos|Syntel. Atos is a SE (Societas Europaea), listed on the Next 20 Paris Stock Index.

The intent of Atos is to enable style the potential of the details area. Its skills and solutions aid the growth of understanding, training and investigation in a multicultural technique and contribute to the growth of scientific and technological excellence. Across the earth, the Team allows its prospects and staff members, and users of societies at significant to live, operate and acquire sustainably, in a safe and sound and secure details area.

Push make contact with: Helena Shadbolt [email protected] +forty four ()20 3128 8799, Nick Collins [email protected] +forty four ()20 3128 8897