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The banking, financial services, and insurance (BFSI) industry has undergone a paradigm shift 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 boost business intelligence & customer relationship management (CRM). Reports by Allied Market Research offer analysis of product portfolio of various financial service providers and insights into technology trends that have bolstered the operational efficiency.
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The global demand for loan compliance management software is increasing and is expected to grow as banks and lending institutions are adopting advanced technologies such as machine learning and internet of things ...
Insurance claims services offer management software to the insurance industry, which further helps in enabling insurance providers to sort & analyze the claims. These solutions offered by the global insurance claims services ...
The iris recognition system is an automated method of biometric identification, which uses mathematical patterns for the recognition techniques on video image of an individual’s eyes. The patterns of an iris are ...
The payment processing ring is a technologically advanced wearable device, which is used for storing the biometric data & sharing the particular data while conducting the transaction. Technologies such as near-field communication ...
The payment security software is a system which is used to eliminate several risks associated with the digital payments. Risks such as identity theft, payment frauds & others, which are can be ...
The payment card skimming is a procedure of identifying, controlling, and assessing risks such as identity theft, payment fraud & other risks associated for consumers using credit or debit cards during any ...
A private blockchain distributed ledger is a medium of exchange, which is formed and stored electronically. A permission is required to join into a private blockchain, and it processes thousands of transactions ...
The secured payment solution is a type of organization, which helps the banking institutions & consumers to safely conduct any digital transaction. The secured payment solution is integrated into the banking system, ...
Bring your own device (BYOD) security for the banking sector has significantly evolved in terms of productivity for organizations. This has led to increase in adoption for employee’s own devices such as ...
The banking enterprise mobility is a kind of technology which concentrates on offering a mobile working platform for the employees of financial institutions. The banking enterprise mobility allows the use of personal laptops, mobile devices and tablets for the banking operations. The organizational data is accessed through cloud-based deployment solutions.
Banking team collaboration software helps in improving productivity of employees working remotely. Banking team collaboration software is designed with an idea to collaborate for pending tasks, team communications, and information, which is ...
The biometric banking wristband payment method is a secured payment process for consumers to purchase products & services without carrying wallet & a mobile device. The technology can be used for a ...
Presently, the banking industry is characterized by digitalization as banks and other financial institutions have gone through major digital shift in recent years. This has also resulted in growth of big data ...
Portfolio management is a process that involves building and overseeing a selection of investments to meet long-term financial goals and risk tolerance of investors. Active portfolio management requires strategically buying and selling ...
The global banking credit analytics market size is expected to attain a significant growth in the coming years, owing to rise in penetration of big data and artificial intelligence in the banking ...
The global pension fund management software market size is expected to witness significant growth during the forecast period. A pension fund software is a fully integrated system, designed to deliver the up-to-date ...
Artificial intelligence (AI) technology accelerates the human work by repeated algorithms and helps in automating the work through computer system without requirement of human intelligence. Moreover, expansion & adoption of AI has ...
Customer verification service is a process used by business organizations, especially those of online businesses to verify whether the details provided by customers are accurate and stand up to the point of ...
Disaster recovery in banking refers to usage of different set of tools, policies, and procedures to enable the recovery of data or the continuation of essential technology infrastructure and systems, especially during ...
Gadget insurance covers insurance of various different gadgets against accidental damage, liquid or water damage, theft, burglary, and fire damage. Cell phones, laptops, digital cameras, computers, and other gadgets are covered in ...
Augmented analytics is a type of data analytics that uses machine learning and natural language processing to automate analytic processes that would normally be performed by a data scientist or specialist. Data ...
Augmented Reality (AR) is a technologically enhanced version of the real world that is achieved through the use of digital visual elements, sound, or other sensory stimuli. It is a growing trend ...
Blockchain is a way of storing data that makes it difficult or impossible to change. It is a digital ledger of transactions that is duplicated and distributed across the blockchain's entire network ...
Banking, financial services, and insurance companies make up the BFSI sector, which operates in a highly regulated and secure business environment. Many financial exchanges in all other sectors are built on the ...
Budgeting software aids in the planning and allocation of personal expenditures. Unlike accounting software, which primarily focuses on tracking what we spent or owe, budgeting software is proactive, allowing one to allocate ...
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There might be something that we haven’t covered in the scope and if it is as per your specific areas of interest, we can anytime customise and incorporate your requirements in the framework of the study and provide you with a customised report based on your exact needs.