While customer data has long been banking's most valuable asset, the real competitive advantage comes from converting data ...
NTT Data’s ‘Intelligent Banking in the Age of AI’ report details how Gen AI will shape the future of wealth management, ...
New challenges for regulators This changing financial landscape ... as well as the integrity of the system and the data. Banks' security practices should be regularly tested and reviewed by outside ...
Insurers are not alone in their data quality and data integrity challenges. Banks face similar struggles with incomplete, inconsistent and inaccurate data that can put data privacy at risk.
To counteract these challenges, banks must embrace technological innovation ... Long-term cost savings can also be found in moving data architecture to the cloud. Banks that fail to invest in ...
The authors write "we have recently seen intense activity in debt and equity transactions that finance the construction and ...
NTT DATA has launched global insights on GenAI adoption in the banking sector worldwide. Takeaway Points NTT DATA has ...
InvestingPro data reveals BAC's strong commitment ... in the face of potential interest rate cuts. One of the key challenges facing Bank of America is the increasing cost of deposits.
NTT DATA, a global digital business and IT services leader, has today launched a new global research report uncovering the use of generative AI (GenAI) in the banking sector worldwide. The report, ...