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

Digital technological know-how highlighted as key to meeting new decarbonization targets as Atos launches newDigital Eyesight: Digital Banking paper

6 October 2021

Financial institutions are promptly accelerating their change to digital channels as they search for to reinvent their business enterprise types in reaction to the COVID-19 pandemic, a new paper from Atos reveals.

Incumbent banking companies are experiencing a big problem in combating off digital opponents, though all banking companies need to harness technological know-how in get to satisfy new decarbonization targets and regulatory demands, as well as cater for growing client needs.

Two thirds (66 for every cent) of banking leaders named transforming the digital client practical experience as a major precedence more than the up coming calendar year in a survey, though a further eighty for every cent said digital technological know-how is essential to accomplishing their decarbonization targets. Nearly half named account security and protection from fraud as a key precedence.

The success, from a survey that provided four hundred retail banking leaders across North America and Europe, are highlighted in the most current world feeling paper by Atos, Digital Eyesight: Digital Banking, which delivers alongside one another primary voices from across the industry and geographies, including North America, to look at the most current trends that are shaping and transforming the digital future of banking.

Digital Eyesight: Digital Banking illustrates how digital technological know-how is building banking smarter, greener and safer. It aspects how large details, artificial intelligence, blockchain and the Web of Factors are supplying banking companies new possibilities to renovate the client practical experience, decarbonize functions, and defend their business enterprise and prospects from external threats.

Adrian Gregory, World-wide Head of Economic Solutions & Insurance plan at Atos, said:“Digital disruption is not new to the banking industry: systems advance and hungry sector entrants are rising all the time. What has modified, on the other hand, is the massively accelerated change to digital channels as a result of Covid-19.Atos is doing the job with our banking prospects and world companions to assist navigate and accelerate business enterprise and digital transformation to produce banks’ priorities and ambitions. At this pivotal time in background, we see important possibilities to collaborate to assist make a cleaner, much more inclusive and protected future for all.”

The Digital Eyesight: Digital Banking paper builds on the practical experience of Atos as a primary digital husband or wife to lots of of the world’s banking, funds markets and insurance policies organizations, providing built-in technological know-how options that assist economic expert services providers prosper in a promptly evolving digital world.

In excess of the past calendar year on your own, Atos has secured a broad variety of banking, insurance policies, pensions, and funds markets contracts across several continents. Illustrations involve the range of Atos by Banque Misr, just one of the biggest banking companies in Egypt, to assist its transformational journey to turn out to be the country’s first digital bank a minimal 10-calendar year contract with Nest to structure and develop a future focused pension scheme and an prolonged settlement to accelerate transformation with Dutch insurer VGZ.

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About Atos

Atos is a world leader in digital transformation with one hundred and five,000 workforce and yearly profits of more than € 11 billion. European range just one in cybersecurity, cloud and higher overall performance computing, the Team delivers customized conclusion-to-conclusion options for all industries in seventy one international locations. A pioneer in decarbonization expert services and items, Atos is dedicated to a protected and decarbonized digital for its shoppers. Atos operates under the models Atos and Atos|Syntel. Atos is a SE (Societas Europaea), listed on the Following 20 Paris Stock Index.

The goal of Atos is to assist structure the future of the info area. Its knowledge and expert services assist the progress of information, education and learning and analysis in a multicultural technique and add to the progress of scientific and technological excellence. Throughout the world, the Team enables its prospects and workforce, and associates of societies at massive to dwell, get the job done and create sustainably, in a safe and sound and protected info area.

Push make contact with: Helena Shadbolt [email protected] +44 ()20 3128 8799, Nick Collins [email protected] +44 ()20 3128 8897