Revolutionizing AML Risk Assessment: A Data-Driven Approach
In 2023 alone, financial institutions globally faced over $10 billion in fines for non-compliance with Anti-Money Laundering (AML) regulations. For banks, AML is no longer just a...
bfsi
Redefining Real-Time Payments: Apexon’s Partnership with FedNow
In today's rapidly evolving financial landscape, real-time payments have become more than just a buzzword; they're a transformative force shaping how individuals and businesses...
Elevating BFSI Excellence with Apexon’s Innovative Salesforce Solutions
Introduction Salesforce is a cloud-based customer relationship management (CRM) platform that helps businesses of all sizes to manage their customer interactions and...
Generative AI in BFSI: A Real-World Success Story
In the rapidly evolving landscape of the Banking, Financial Services, and Insurance (BFSI) industry, organizations are continually grappling with a plethora of challenges. From...
Navigating GenAI Deployments – Ensuring Security & Simplicity
In the ever-evolving landscape of the financial industry, Generative Artificial Intelligence (GenAI) stands as a beacon of transformation, promising unprecedented efficiencies and...
Navigating the Future: How GenAI is Redefining Financial Services
In the dynamic landscape of the financial industry, the integration of Generative Artificial Intelligence (GenAI) has emerged as a driving force behind transformative change. From...
SVB Failure Highlights Need for Improved Risk Assessment, Data Strategy for Mid-...
The collapse of SVB has highlighted the need for better risk assessment for mid-sized banks. While there are strong controls for larger banks, smaller institutions are not...
From Traditional to Digital: Enhancing Payment Systems
Society today demands seamless and safe digital experiences, especially when it comes to their banking needs. What’s more is that with all the options available today, they want...
Strengthening Compliance and Reporting Frameworks with Data
In early 2023, FINRA released its 2023 Examination and Risk Monitoring Program report, emphasizing the need to strengthen the trade and surveillance programs for its member firms....
Applying Quantum Computing and AI in Healthcare and Financial Services
Can quantum computing really change the world? We know quantum computers are not exactly a brand-new topic as the idea has been floated for decades. Why is it important to explore...
3 Digital Transformation Initiatives to Elevate Digital Lending Customer Experie...
Organizations in all industries are taking a customer-centric approach to their business and banking is no exception. With more and more borrowers seeking online platforms for...
8 Key Use Cases of AI/ML in BFSI
Any seasoned professional in the BFSI industry will tell you that providing customers with an exceptional experience is paramount. In this case it really comes down to dollars and...
5 Use Cases of Predictive Analytics in BFSI
Predictive analytics help the banking and financial sector to transform customer experiences. Using data, the industry can more easily predict future patterns and trends. This...
5 Practical Ways to Improve Data Governance for Financial Institutions
Good data governance is supposed to help financial services companies control their data, improve compliance, and adapt more quickly to the near-constant changes of the financial...
