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

Electronic technology highlighted as key to assembly new decarbonization targets as Atos launches newElectronic Eyesight: Electronic Banking paper

6 October 2021

Banking companies are quickly accelerating their change to digital channels as they search for to reinvent their business enterprise products in response to the COVID-19 pandemic, a new paper from Atos reveals.

Incumbent financial institutions are facing a big challenge in battling off digital competition, whilst all financial institutions must harness technology in buy to fulfill new decarbonization targets and regulatory requirements, as nicely as cater for growing client calls for.

DVDBTwo thirds (sixty six for every cent) of banking leaders named transforming the digital buyer expertise as a top precedence more than the following year in a study, whilst a even more 80 for every cent said digital technology is necessary to accomplishing their decarbonization targets. Almost 50 percent named account stability and security from fraud as a key precedence.

The success, from a study that included 400 retail banking leaders throughout North The us and Europe, are highlighted in the most current global belief paper by Atos, Electronic Eyesight: Electronic Banking, which brings alongside one another main voices from throughout the marketplace and geographies, together with North The us, to study the most current tendencies that are shaping and transforming the digital long run of banking.

Electronic Eyesight: Electronic Banking illustrates how digital technology is creating banking smarter, greener and safer. It details how significant details, artificial intelligence, blockchain and the Online of Items are supplying financial institutions new alternatives to remodel the buyer expertise, decarbonize operations, and defend their business enterprise and prospects from exterior threats.

Adrian Gregory, World-wide Head of Economical Companies & Coverage at Atos, said:“Digital disruption is not new to the banking marketplace: systems progress and hungry marketplace entrants are emerging all the time. What has improved, nevertheless, is the massively accelerated change to digital channels as a consequence of Covid-19.Atos is functioning with our banking prospects and global partners to support navigate and accelerate business enterprise and digital transformation to supply banks’ priorities and ambitions. At this pivotal time in background, we see critical alternatives to collaborate to support build a cleaner, a lot more inclusive and protected long run for all.”

The Electronic Eyesight: Electronic Banking paper builds on the expertise of Atos as a main digital partner to a lot of of the world’s banking, cash marketplaces and insurance plan firms, supplying built-in technology remedies that support economical expert services suppliers prosper in a quickly evolving digital environment.

Around the past year by yourself, Atos has secured a broad array of banking, insurance plan, pensions, and cash marketplaces contracts throughout various continents. Illustrations include the variety of Atos by Banque Misr, one of the largest financial institutions in Egypt, to support its transformational journey to develop into the country’s first digital financial institution a least ten-year agreement with Nest to structure and create a long run targeted pension plan and an extended settlement to accelerate transformation with Dutch insurance company VGZ.

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About Atos

Atos is a global leader in digital transformation with one hundred and five,000 staff and annual revenue of more than € 11 billion. European quantity one in cybersecurity, cloud and high performance computing, the Group offers tailor-made finish-to-finish remedies for all industries in seventy one countries. A pioneer in decarbonization expert services and solutions, Atos is fully commited to a protected and decarbonized digital for its purchasers. Atos operates under the makes Atos and Atos|Syntel. Atos is a SE (Societas Europaea), shown on the Following twenty Paris Inventory Index.

The goal of Atos is to support structure the long run of the details house. Its skills and expert services support the development of awareness, training and investigation in a multicultural strategy and add to the development of scientific and technological excellence. Across the environment, the Group enables its prospects and staff, and associates of societies at significant to are living, operate and develop sustainably, in a risk-free and protected details house.

Press call: Helena Shadbolt [email protected] +forty four ()twenty 3128 8799, Nick Collins [email protected] +forty four ()twenty 3128 8897