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

Digital know-how highlighted as important to conference new decarbonization targets as Atos launches newDigital Eyesight: Digital Banking paper

six Oct 2021

Banking companies are promptly accelerating their change to electronic channels as they search for to reinvent their small business designs in response to the COVID-19 pandemic, a new paper from Atos reveals.

Incumbent banks are facing a significant problem in fighting off electronic competition, while all banks will have to harness know-how in get to satisfy new decarbonization targets and regulatory demands, as well as cater for rising customer requires.

Two thirds (66 for every cent) of banking leaders named reworking the electronic client knowledge as a top rated priority above the following 12 months in a survey, while a even further eighty for every cent mentioned electronic know-how is vital to attaining their decarbonization targets. Practically 50 % named account stability and defense from fraud as a important priority.

The benefits, from a survey that provided 400 retail banking leaders across North The usa and Europe, are highlighted in the most up-to-date world-wide opinion paper by Atos, Digital Eyesight: Digital Banking, which provides together top voices from across the field and geographies, like North The usa, to look at the most up-to-date traits that are shaping and reworking the electronic long run of banking.

Digital Eyesight: Digital Banking illustrates how electronic know-how is earning banking smarter, greener and safer. It details how big details, artificial intelligence, blockchain and the World wide web of Items are featuring banks new possibilities to transform the client knowledge, decarbonize operations, and safeguard their small business and consumers from external threats.

Adrian Gregory, Global Head of Financial Solutions & Coverage at Atos, mentioned:“Digital disruption is not new to the banking field: technologies progress and hungry industry entrants are rising all the time. What has modified, having said that, is the massively accelerated change to electronic channels as a end result of Covid-19.Atos is working with our banking consumers and world-wide associates to aid navigate and speed up small business and electronic transformation to deliver banks’ priorities and ambitions. At this pivotal time in historical past, we see vital possibilities to collaborate to aid create a cleaner, a lot more inclusive and secure long run for all.”

The Digital Eyesight: Digital Banking paper builds on the knowledge of Atos as a top electronic lover to several of the world’s banking, capital marketplaces and insurance organizations, offering integrated know-how solutions that aid economic providers providers prosper in a promptly evolving electronic environment.

More than the previous 12 months by yourself, Atos has secured a broad vary of banking, insurance, pensions, and capital marketplaces contracts across a number of continents. Examples contain the collection of Atos by Banque Misr, a single of the largest banks in Egypt, to guidance its transformational journey to become the country’s initial electronic financial institution a bare minimum 10-12 months deal with Nest to design and construct a long run focused pension plan and an extended agreement to speed up transformation with Dutch insurance company VGZ.

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About Atos

Atos is a world-wide leader in electronic transformation with a hundred and five,000 employees and yearly profits of above € 11 billion. European selection a single in cybersecurity, cloud and high efficiency computing, the Team delivers tailored close-to-close solutions for all industries in 71 countries. A pioneer in decarbonization providers and products and solutions, Atos is dedicated to a secure and decarbonized electronic for its purchasers. Atos operates under the makes Atos and Atos|Syntel. Atos is a SE (Societas Europaea), detailed on the Following twenty Paris Inventory Index.

The objective of Atos is to aid design the long run of the info house. Its experience and providers guidance the growth of understanding, education and learning and exploration in a multicultural approach and contribute to the growth of scientific and technological excellence. Across the environment, the Team enables its consumers and employees, and members of societies at significant to dwell, work and build sustainably, in a safe and secure info house.

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