Banks throughout the world is consistently ranked at the top as one of the most trusted institutions. They want their banks to offer a safe foundation for their financial planning. And banks made it their priority. The health pandemic changed this concept of trust. We have seen significant up take on digital access to banking […]
For banks, data is a complex matter. Unlike many other industries, data in banking is regulated and critical for daily operations. Their services rely on it to respond fast, while regulators require it for compliance. So, it is not surprising that banks face a tsunami in data growth.
The COVID-19 outbreak is impacting all segments of the financial services industry from retail banking, transaction banking, corporate banking to investment banking. Facing operational stress, concerns about employee health and working environment, market volatility and other issues, banks have responded with multiple actions including the shift to mostly remote working environments, enabling employees to assist […]
In today’s retail landscape, decisions are made at lightspeed. It is why a robust enterprise resource planning (ERP) system lies at the heart of every successful retailer. Citistore Hong Kong Limited (Citistore) was no different. Since its founding in 1989, Citistore grew to become Hong Kong’s famous department store by delivering products that consumers want […]
Artificial intelligence (also known as Augmented Intelligence) is becoming more than another popular buzzword. The emerging technology is becoming part of our daily lives, with many enterprises viewing it as the new driver for business growth. As enterprises speed up their adoption of AI in business, the spotlight shifts to its governance. In banks, decision […]
Open source is now an enterprise reality. According to Forrester1, 90% of enterprises are already using two or more types of open source technologies; more than half are using five or more.