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

Electronic technology highlighted as essential to conference new decarbonization targets as Atos launches newElectronic Eyesight: Electronic Banking paper

6 Oct 2021

Banking institutions are promptly accelerating their change to digital channels as they request to reinvent their business products in response to the COVID-19 pandemic, a new paper from Atos reveals.

Incumbent banks are dealing with a significant problem in battling off digital opponents, whilst all banks will have to harness technology in buy to meet new decarbonization targets and regulatory necessities, as very well as cater for mounting shopper needs.

Two thirds (sixty six per cent) of banking leaders named transforming the digital client experience as a best precedence about the next yr in a survey, whilst a additional 80 per cent explained digital technology is important to obtaining their decarbonization targets. Practically fifty percent named account security and security from fraud as a essential precedence.

The outcomes, from a survey that bundled four hundred retail banking leaders throughout North America and Europe, are highlighted in the most up-to-date international feeling paper by Atos, Electronic Eyesight: Electronic Banking, which brings together foremost voices from throughout the field and geographies, which includes North America, to study the most up-to-date developments that are shaping and transforming the digital potential of banking.

Electronic Eyesight: Electronic Banking illustrates how digital technology is making banking smarter, greener and safer. It facts how major information, synthetic intelligence, blockchain and the World wide web of Items are presenting banks new chances to renovate the client experience, decarbonize functions, and protect their business and clients from exterior threats.

Adrian Gregory, World wide Head of Economic Providers & Insurance policies at Atos, explained:“Digital disruption is not new to the banking field: systems advance and hungry sector entrants are emerging all the time. What has altered, having said that, is the massively accelerated change to digital channels as a final result of Covid-19.Atos is operating with our banking clients and international companions to help navigate and speed up business and digital transformation to provide banks’ priorities and ambitions. At this pivotal time in history, we see significant chances to collaborate to help produce a cleaner, much more inclusive and protected potential for all.”

The Electronic Eyesight: Electronic Banking paper builds on the experience of Atos as a foremost digital husband or wife to many of the world’s banking, capital marketplaces and insurance providers, delivering built-in technology methods that help money providers companies prosper in a promptly evolving digital globe.

About the past yr by yourself, Atos has secured a broad variety of banking, insurance, pensions, and capital marketplaces contracts throughout multiple continents. Examples include things like the choice of Atos by Banque Misr, one of the greatest banks in Egypt, to assist its transformational journey to come to be the country’s initially digital lender a bare minimum 10-yr deal with Nest to design and style and establish a potential concentrated pension scheme and an extended agreement to speed up transformation with Dutch insurance provider VGZ.

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About Atos

Atos is a international leader in digital transformation with one hundred and five,000 employees and annual income of about € eleven billion. European amount one in cybersecurity, cloud and large performance computing, the Team offers personalized finish-to-finish methods for all industries in seventy one nations. A pioneer in decarbonization providers and solutions, Atos is fully commited to a protected and decarbonized digital for its clients. Atos operates beneath the manufacturers Atos and Atos|Syntel. Atos is a SE (Societas Europaea), detailed on the Next twenty Paris Inventory Index.

The goal of Atos is to help design and style the potential of the details room. Its knowledge and providers assist the development of expertise, education and learning and investigate in a multicultural tactic and lead to the development of scientific and technological excellence. Throughout the globe, the Team allows its clients and employees, and customers of societies at massive to dwell, work and acquire sustainably, in a secure and protected details room.

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