Governance Now, India’s premier public policy and governance publication from Sri Adhikari Brothers Group is organizing the 6th BFSI Conclave and Awards on the theme ‘Riding the Financial Technology Wave: Beyond Buzzwords’ on 12th October in Mumbai.
The power of technology has brought a complete paradigm shift in the functioning of banks and the delivery of banking services. The future of banking will look very different from today. With changing consumer expectations, emerging technologies, and new business models, banks must start implementing strategies to help them prepare for banking in 2030. The BFSI sector is placing greater emphasis on providing improved services to their clients, investing heavily in digital transformation initiatives, and upgrading their technology infrastructure to enhance customers’ overall experience and give a competitive edge. The evolution of innovative, new-age technologies like Automation, Artificial Intelligence (AI), and Machine Learning (ML), are replacing human thinking and urging institutions to revisit their talent landscape and the skills required to stay ahead of the curve.