Zeta’s Post

Navigating the AI Dilemma : I'm excited to share insights from the recent BFSI Transformation Leaders Conclave at Sahara Star Hotel, Mumbai, where I concluded a Thought Leader Session on 'The AI Dilemma'. Here's a recap of what I covered: 🔸Understanding the AI Dilemma: I delved into the unique challenges and opportunities presented by AI adoption in BFSI platforms. 🔸Unlocking AI Potential: Helped to outline a map of the BFSI AI use cases and how each organization can tailor it to their liking and strategy. 🔸Ethical Considerations: I explored the ethical implications of AI integration and discussed strategies for ensuring responsible AI usage. 🔸Data Security and Regulatory Framework: Strategies for safeguarding sensitive customer data in the age of AI-driven analytics were discussed in detail. Also, much emphasis was given on working within the regulatory frameworks. Thank you to everyone who participated in this insightful session as we navigated the AI dilemma and charted the course for responsible and effective AI adoption in BFSI. #BFSI #AIIntegration #DigitalTransformation #EthicalAI #DataSecurity #BFSITransformationSummit

Through this report, Accenture takes a closer look at the trends expected to shape commercial banking in the year to come. While many of the trends intersect, banks that focus on the corporate and small and medium business (SMB) sectors will also face some unique headwinds and tailwinds. The report addresses mainly the following: -From tactical cost takeout to strategic cost transformation -New regulation shifts capital allocation into the spotlight -Doubling down on deposits -A commercial payments wakeup call -The next generation of automated, data-powered lending -Generative AI in commercial banking #commercialbanking #trends24 #risks24 #SMB #corporatebanking #generativeai #regulatorydevelopments #tacticalcostallocation

🎯 Monetizing financial transactional data is a win-win for banks and customers >> https://hubs.ly/Q02NV7Sf0. At Personetics, we invited Mukesh Pilania from Techcombank (TCB), Colin Dinn from Vietcombank and Nauman Bashir from Standard Chartered Bank to share how they are successfully leveraging transactional data and using hyper-personalization to create a win-win situation for the banks and their customers. 🌏 Find out what they had to say in my latest blog titled, "How Personalized Engagement Drives Business Impact for Banks Across Southeast Asia." It highlights how ASEAN banks utilize transactional data to enhance customer engagement and improve business performance. You can read the full blog by following this link>>https://hubs.ly/Q02NV7Sf0 #TransactionalData #HyperPersonalization #Banking #BankAI #FinTech #BankingIndustry #Personetics #bankingnews #PFM #bankingsolutions

💡 Did you know? A staggering 33% of customers, as per Accenture's study, abandoned their financial institutions due to a lack of personalisation! Don't let your clients slip away. Swipe left 👈 for an exclusive carousel that unveils the secrets to elevating customer satisfaction in the financial world.  #Futora #personalisedinvestments #personalisation #banking #digitaltransformation #fintech  

🎯 Monetizing financial transactional data is a win-win for banks and customers >> https://hubs.ly/Q02NV7Sf0. At Personetics, we invited Mukesh Pilania from Techcombank (TCB), Colin Dinn from Vietcombank and Nauman Bashir from Standard Chartered Bank to share how they are successfully leveraging transactional data and using hyper-personalization to create a win-win situation for the banks and their customers. 🌏 Find out what they had to say in my latest blog titled, "How Personalized Engagement Drives Business Impact for Banks Across Southeast Asia." It highlights how ASEAN banks are utilizing transactional data to enhance customer engagement and improve business performance. You can read the full blog by following this link>>https://hubs.ly/Q02NV7Sf0 #TransactionalData #HyperPersonalization #Banking #BankAI #FinTech #BankingIndustry #Personetics #bankingnews #PFM #bankingsolutions

Efficiency and security are paramount for #banking to succeed in the digital age. Discover how one of India's leading banks leveraged Newgen's low-code solutions to streamline account opening, enhance trade finance operations, and secure document management. Explore the full case study to know how intelligent automation can drive productivity and profitability in banking, and connect with our experts for an assessment. Read more: https://lnkd.in/enXMbntm #Newgen #DigitalTransformation #TradeFinance #LowCode #AccountOpening #DigitalAccountOpening #Automation

🚀 Resharing Marcel van Oost's deep dive into the BaaS landscape! As Marcel rightly points out, the BaaS market is a tapestry of innovation and specialization where companies like Tuum are becoming pivotal players. The projection of the Embedded Finance segment reaching €75-85 billion by 2030 reflects not only the market's potential but also its rapid evolution. At Tuum, we're carving our niche by providing a flexible and scalable core banking platform that powers fintechs, neobanks, and forward-thinking incumbents. Marcel’s market map is a testament to the vibrant ecosystem we’re part of, and it’s thrilling to see the intersection of technology and finance creating new opportunities every day. Now, turning the conversation to our peers and clients: What trends are you observing in the BaaS space, and how do you envision the future of Embedded Finance? #BaaS #EmbeddedFinance #Fintech #CoreBanking #Tuum

India's digital payment transactions hit an all-time high and #corporatebanking is on the cusp of a FinTech revolution. Key trends driving this evolution reflect a combination of technology with customer-centric approaches. Here's a sample. An important aspect is #GenAI, tailoring financial services to new levels of personalization. #Automation is streamlining operations, reducing errors, and optimizing efficiency. #Digital Transformation is necessary for banks to meet the demanding pace of modern business. Superior #CustomerService has emerged as the most sought-after metric. Banks are leveraging data analytics to provide unmatched quality in corporate banking services. Corporate customers now enjoy the digitization of Supply #ChainFinance for seamless, transparent financial flows. These trends signify more than innovation; they reflect the reimagining of corporate banking, aligned with the dynamic pace of the digital world. What's your take on these developments? Share your views in the comments. {𝘋𝘢𝘵𝘢 𝘚𝘰𝘶𝘳𝘤𝘦: 𝘐𝘉𝘚 𝘐𝘯𝘵𝘦𝘭𝘭𝘪𝘨𝘦𝘯𝘤𝘦 𝘞𝘩𝘪𝘵𝘦𝘱𝘢𝘱𝘦𝘳: 𝘕𝘢𝘷𝘪𝘨𝘢𝘵𝘪𝘯𝘨 𝘵𝘩𝘦 𝘍𝘪𝘯𝘛𝘦𝘤𝘩 𝘓𝘢𝘯𝘥𝘴𝘤𝘢𝘱𝘦 } Sahil Anand | Ramkumar Venkataraman | Chetan Parekh | Ramakrishnan Viswanathan | Pankul Verma | Angleen Malik | Aditya Agarwal | Robin Amlôt | Amit Jain | Ojas Kulkarni | Nikhil Gokhale | Subit Saurav | Sunny Desa | Sumit Gilitwala |

Digitalization is driving innovation in India’s banking and financial sector, meeting the diverse needs of customers. Key financial innovations include collaborations between #banks, non-banking financial companies (#NBFCs), #FinTechs, and #BigTechs. Emerging technologies are helping financial institutions improve customer service, efficiency, and risk management while enhancing market liquidity. Using India’s digital public infrastructure, platform-based lending and embedded finance are transforming the credit space with initiatives like Account Aggregators, Peer-to-Peer Lending, and the Open Credit Enablement Network. However, the rise of these new financial activities presents regulatory challenges due to a lack of clear frameworks. Updating regulatory and supervisory systems in response to these changes will support innovation and ensure financial stability.

🏦 Banking-as-a-Service: the €100 billion opportunity in Europe 🇪🇺🇬🇧 The BaaS market is mainly driven by developments in 2️⃣ areas: 1️⃣ Embedded Finance: This segment, encompassing retail, SME, and corporate services integrated into non-financial companies, could reach €75-85 billion by 2030. 2️⃣ FinTechs: Specialized FinTechs focusing on customer-specific banking services are projected to command a market size of €15-20 billion by 2030. I highly recommend reading my complete article on this topic for more interesting info about the European Banking-As-A-Service landscape: https://lnkd.in/eXDrGu6M ❓Now over to you: Who is missing in the market map? Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] #bankingtech #bankingasaservice #embeddedfinance #embeddedbanking #baas #digitalbanking #banking #bankingindustry #fintech #fintechindustry #corebanking #banktech  Enfuce Swan LHV Griffin Solaris (formerly Contis) Marqeta ClearBank Backbase Mambu Thought Machine five°degrees 10x Banking Tuum Toqio Bankable Vodeno Form3 Weavr.io Railsr