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The banking, financial services, and insurance (BFSI) industry has undergone a paradigm shifts with the advent of new IT technologies. Developments in IT sector and their deep penetration in financial sector has thoroughly transformed multi-channel environment and boosted the applications portfolio of service providers. Banks and financial institutions are making steady developments in adopting various IT services to modernize payment systems and boosted business intelligence and customer relationship management (CRM). Reports by Allied Market Research offer analysis into product portfolio of various financial service providers, and offers insights into technology trends that has bolstered the operational efficiency.
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Chatbot Market is a computer program designed to simulate conversation with human users especially over the Internet. Chatbots has become a preferred option in the BFSI sector to describe the essentials of an organization or solving queries owing to the ...
Personal finance software manages bank accounts, credit cards, income, investments, expenditure, and all financial transactions of an individual in a smartphone or PC. It manages payrolls and monetary transactions by helping an individual to manage monthly expenses efficiently. These software ...
The Global Employment Screening Services Market accounted for $2,939.8 million in 2016 and is expected to reach $4,892.3 million by 2023, registering a CAGR of 7.5% from 2017 to 2023. Employment screening companies offer comprehensive background screening services to companies to scrutinize potential candidates for various positions. These services help identify fraudulent and counterfeit applications in the recruitment industry.
The global fuel cards market was valued at $595,720 million in 2016, and is estimated to reach $842,410 million by 2023, growing at a CAGR of 5.3% from 2017 to 2023. Fuel cards are available in various forms such as ...
An e-passport contains an electronic chip, which holds the same information that is printed on the passports data page such as the holders name, date of birth, and other biographical information. Rise in advanced verification processes to detect identity frauds ...
The global blockchain distributed ledger market accounted for $228 million in 2016, and is anticipated to reach $5,430 million by 2023, growing at a CAGR of 57.6% from 2017 to 2023.
The artificial intelligence deals with simulation techniques; it involves the machines that are capable of performing similar tasks as humans; such as decision making and speech recognitions. Machine learning is an extended application of artificial intelligence, which allows the software ...
E-passport, also known as biometric passport, contains an electronic chip embedded in it. An e-visa or electronic visa is an online platform that enables an applicant to facilitate online application to obtain a visa. These are advanced forms of traditional ...
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