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Adoption of AI and Intelligent Automation in Banking, Financial Services, and Insurance
The Adoption of AI and Intelligent Automation in Banking, Financial Services, and Insurance report assists organizations in identifying important use cases that are expected to have a long-term impact on any AI and intelligent automation-related digital projects in the BFSI space. The report also highlights key challenges that the BFSI enterprises face today.
November, 2024
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European IT Spending and Staffing Benchmarks 2021/2022: Chapter 6: Financial Services
Chapter 6 provides benchmarks for banking, insurance, and financial services companies. The firms in this sector include commercial banks, investment banks, credit unions, mortgage lenders, consumer finance lenders, insurance companies, and other types of lenders and financial services providers. The 21 respondents in this sector range in size from a minimum of about €100 million to a maximum of €80 billion in annual sales.
September, 2021
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Avasant Digital Forum: The Future of Financial Services: Enabling a Digital-First Bank
The digital transformation in banking has been ongoing for some time. Legacy banks face threats from digital native banks. Large banks have been shedding legacy systems to keep pace. Digitalization requires a solid foundation in the middle and the back office, with good business processes and data integration. And that is just table stakes for driving new and better analytics, a positive customer experience, and new products and services.
September, 2021
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Avasant Digital Forum: The Digital Banking Playbook: Re-imagining Global Banking for the New Economy
With a lighter branch footprint, seamless digital capabilities and a rich partner ecosystem, Digital Banks are reshaping the future of financial services. Global banks are rapidly transforming their operating model, compelled by changing consumer behavior and competing digital only Banks, the pandemic has super-charged this shift to digital and irrevocably changed Banking. Traditional banks have to evolve and become Digital-First to thrive in the New Economy.
January, 2021
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IT Spending and Staffing Benchmarks 2019/2020: Chapter 6: Banking and Finance Sector Benchmarks
Chapter 6 provides benchmarks for banking and financial services companies. The firms in this sector include commercial banks, investment banks, credit unions, mortgage lenders, consumer finance lenders, and other types of lenders and financial services providers. The 22 respondents in this sector range in size from a minimum of about $50 million to a maximum of $90 billion in annual sales. [Full Study Description]
July, 2019
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IT Spending and Staffing Benchmarks 2018/2019: Chapter 6: Banking and Finance Sector Benchmarks
Chapter 6 provides benchmarks for banking and finance companies. The firms in this sector include commercial banks, investment banks, credit unions, real estate investment firms, mortgage lenders, consumer finance lenders, and other types of lenders. The 23 respondents in this sector range in size from $22 million to a maximum of $90 billion in annual sales. (80 pp., 51 fig.) [Full Study Description]
June, 2018
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IT Spending and Staffing Benchmarks 2018/2019: Chapter 23: Commercial Banking Subsector Benchmarks
Chapter 23 provides benchmarks for commercial banks. This subsector includes credit unions and community, regional, and national banks. The 16 respondents in this sample have annual revenue ranging from $22 million to $90 billion. (50 pp., 30 fig.) [Full Study Description]
June, 2018
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IT Security in Banking, Finance, and Insurance
This article provides key findings for the banking, finance, and insurance industry from our 2002 report, IT Security, Perceptions, Awareness, and Practices. Acces to the full report is also provided.
December, 2002
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MORE E-Sales Intelligence Reports for 1Q01: Banking, Finance, and Insurance (Feb 2001)
Visa International reported that global sales volume surpassed US$1.8 trillion for the year ending December 31, 2000. This represents a 21% increase in global sales volume over 1999. Visa also saw a 19% increase in the number of Visa transactions. During the peak holiday shopping season in December 2000, Visa processed almost 4,000 transactions per second. Visa saw the most dramatic growth in its CEMEA (Central Europe-Middle East-Africa), Asia-Pacific, and Latin America & Caribbean regions with year-to-year growth rates of 51%, 45%, and 31% respectively. There are currently over one billion Visa payment cards issued globally. The Visa acceptance network includes over 21 million merchants and 652,000 ATMs.
August, 2002
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E-Sales Intelligence Reports for 1Q01: Banking, Finance, and Insurance (Jan 2001
A recent survey by California Commerce Bank indicated the bank, a subsidiary of Banamex, the largest bank in Mexico, has successfully improved employee productivity and network security by eliminating passwords and introducing a biometric alternative-- DigitalPersona U.are.U Pro Fingerprint Security System.
August, 2002
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Banks Move to Squelch Online Gambling: Why It Matters (July 2002)
The threat to a free market on the Internet no longer comes only from governmental interference. The financial community has decided to get in the game. Internet commerce depends upon credit card transactions for the vast majority of all payments for goods and services. Until recently, the financial institutions which facilitate these transactions took no interest, so to speak, in the nature of the purchases.
July, 2002
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Mutual Fund Investor’s Web Usage (April 2002)
Mutual fund investors are becoming increasingly comfortable using the web, according to the sixth annual American Century Internet Adoption Study, conducted by the Kansas City-based investment management firm. Apprehension about security and privacy continues to decline, with only a quarter (26%) citing security/privacy as a concern in the current study, dropping from 39% in 2000 and the high of 74% just four years ago.
May, 2002