Role of digital technologies for financial service providers

Role of digital technologies for financial service providers

Subhash Acharya

Financial institutions can hugely benefit from the technologies that make processes more efficient, reduce human errors, and improve communication. The technologies such as chatbots, Cloud Technology, automation, Blockchain Technology, Artificial Intelligence (AI) & Machine Learning in the financial services industry improve the quality of customer relationships and result in increased profits.

The finance industry is undergoing a significant digital transformation with major implications for primary functions and functionaries of modern finance. Emerging technologies have redefined the operations of banks, insurers, and other financial service providers to find unique ways to provide better services to their clients. These technologies […]

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