27/10/2021

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

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Digital technologies highlighted as essential to meeting new decarbonization targets as Atos launches newDigital Eyesight: Digital Banking paper

6 Oct 2021

Banking institutions are fast accelerating their change to electronic channels as they seek out to reinvent their enterprise designs in reaction to the COVID-19 pandemic, a new paper from Atos reveals.

Incumbent banking companies are going through a main challenge in combating off electronic rivals, though all banks need to harness technology in get to meet new decarbonization targets and regulatory specifications, as well as cater for soaring client needs.

Two thirds (66 for every cent) of banking leaders named transforming the electronic buyer encounter as a top priority in excess of the next 12 months in a study, although a even more 80 for each cent said electronic technologies is important to attaining their decarbonization targets. Just about half named account stability and security from fraud as a important precedence.

The benefits, from a study that involved 400 retail banking leaders throughout North The usa and Europe, are highlighted in the latest global belief paper by Atos, Electronic Vision: Digital Banking, which brings collectively leading voices from throughout the field and geographies, which includes North The usa, to look at the latest trends that are shaping and reworking the electronic potential of banking.

Electronic Eyesight: Digital Banking illustrates how digital technological know-how is generating banking smarter, greener and safer. It particulars how major information, synthetic intelligence, blockchain and the Internet of Things are supplying banking companies new prospects to rework the buyer practical experience, decarbonize functions, and shield their business and buyers from external threats.

Adrian Gregory, International Head of Economical Companies & Insurance policy at Atos, said:“Digital disruption is not new to the banking market: technologies advance and hungry sector entrants are emerging all the time. What has transformed, nevertheless, is the massively accelerated shift to digital channels as a result of Covid-19.Atos is working with our banking buyers and global associates to enable navigate and speed up business and electronic transformation to provide banks’ priorities and ambitions. At this pivotal time in history, we see vital possibilities to collaborate to help develop a cleaner, additional inclusive and protected potential for all.”

The Electronic Vision: Digital Banking paper builds on the expertise of Atos as a main electronic partner to several of the world’s banking, funds markets and insurance corporations, furnishing built-in engineering alternatives that assist economical services providers prosper in a speedily evolving electronic earth.

More than the past year on your own, Atos has secured a broad assortment of banking, insurance policy, pensions, and cash marketplaces contracts throughout several continents. Illustrations include the selection of Atos by Banque Misr, a person of the premier banking companies in Egypt, to assist its transformational journey to grow to be the country’s initially electronic lender a minimum 10-calendar year deal with Nest to style and design and make a long term focused pension plan and an extended settlement to speed up transformation with Dutch insurance provider VGZ.

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About Atos

Atos is a international leader in digital transformation with 105,000 employees and annual revenue of about € 11 billion. European number just one in cybersecurity, cloud and superior functionality computing, the Team presents personalized finish-to-conclusion methods for all industries in 71 international locations. A pioneer in decarbonization services and items, Atos is committed to a safe and decarbonized electronic for its shoppers. Atos operates under the models Atos and Atos|Syntel. Atos is a SE (Societas Europaea), stated on the Following 20 Paris Inventory Index.

The intent of Atos is to assistance layout the foreseeable future of the facts place. Its experience and products and services assistance the development of information, training and research in a multicultural method and contribute to the development of scientific and technological excellence. Throughout the planet, the Team enables its buyers and workforce, and users of societies at big to live, function and create sustainably, in a safe and sound and safe information area.

Press get in touch with: Helena Shadbolt [email protected] +44 ()20 3128 8799, Nick Collins [email protected] +44 ()20 3128 8897