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

Digital technological know-how highlighted as vital to meeting new decarbonization targets as Atos launches newDigital…

Digital technological know-how highlighted as vital to meeting new decarbonization targets as Atos launches newDigital Vision: Digital Banking paper

six Oct 2021

Banking institutions are quickly accelerating their change to electronic channels as they seek to reinvent their small business styles in reaction to the COVID-19 pandemic, a new paper from Atos reveals.

Incumbent banks are experiencing a significant challenge in combating off electronic opponents, whilst all banks have to harness technological know-how in purchase to meet new decarbonization targets and regulatory needs, as properly as cater for mounting consumer needs.

Two thirds (66 for every cent) of banking leaders named transforming the electronic shopper knowledge as a major priority in excess of the next year in a survey, whilst a additional eighty for every cent claimed electronic technological know-how is vital to attaining their decarbonization targets. Almost fifty percent named account protection and safety from fraud as a vital priority.

The effects, from a survey that involved four hundred retail banking leaders throughout North The usa and Europe, are highlighted in the most up-to-date global impression paper by Atos, Digital Vision: Digital Banking, which brings alongside one another foremost voices from throughout the marketplace and geographies, such as North The usa, to examine the most up-to-date tendencies that are shaping and transforming the electronic potential of banking.

Digital Vision: Digital Banking illustrates how electronic technological know-how is creating banking smarter, greener and safer. It aspects how large facts, artificial intelligence, blockchain and the Online of Items are giving banks new alternatives to transform the shopper knowledge, decarbonize functions, and safeguard their small business and prospects from exterior threats.

Adrian Gregory, Worldwide Head of Economical Services & Insurance plan at Atos, claimed:“Digital disruption is not new to the banking marketplace: technologies advance and hungry sector entrants are emerging all the time. What has adjusted, having said that, is the massively accelerated change to electronic channels as a end result of Covid-19.Atos is functioning with our banking prospects and global associates to help navigate and accelerate small business and electronic transformation to deliver banks’ priorities and ambitions. At this pivotal time in history, we see significant alternatives to collaborate to help produce a cleaner, additional inclusive and safe potential for all.”

The Digital Vision: Digital Banking paper builds on the knowledge of Atos as a foremost electronic companion to many of the world’s banking, funds markets and insurance policies corporations, supplying integrated technological know-how solutions that help economic solutions vendors prosper in a quickly evolving electronic environment.

Above the earlier year on your own, Atos has secured a broad assortment of banking, insurance policies, pensions, and funds markets contracts throughout various continents. Examples include things like the choice of Atos by Banque Misr, one particular of the biggest banks in Egypt, to support its transformational journey to come to be the country’s to start with electronic lender a bare minimum ten-year contract with Nest to style and design and develop a potential focused pension plan and an extended settlement to accelerate transformation with Dutch insurance provider VGZ.

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About Atos

Atos is a global chief in electronic transformation with 105,000 workers and once-a-year income of in excess of € eleven billion. European selection one particular in cybersecurity, cloud and higher effectiveness computing, the Team presents customized end-to-end solutions for all industries in seventy one countries. A pioneer in decarbonization solutions and solutions, Atos is fully commited to a safe and decarbonized electronic for its clients. Atos operates underneath the models Atos and Atos|Syntel. Atos is a SE (Societas Europaea), detailed on the Subsequent twenty Paris Stock Index.

The objective of Atos is to help style and design the potential of the details area. Its expertise and solutions support the progress of knowledge, instruction and analysis in a multicultural solution and lead to the progress of scientific and technological excellence. Across the environment, the Team enables its prospects and workers, and associates of societies at huge to stay, perform and establish sustainably, in a secure and safe details area.

Press contact: Helena Shadbolt [email protected] +44 ()twenty 3128 8799, Nick Collins [email protected] +44 ()twenty 3128 8897