The article discusses the condition of the banking industry in Pakistan. The banking sector has been profitable because of increasing net interest income and reduced tax rates, however, it still has to customize its operations to remain competitive against the growth of mutual funds industry. More...
you’ve been using technology that the banking industry has long employed, such as machine learning, to streamline the delivery of its financial services. In banking, like in many other industries, controlling
The importance of big data in banking: The main benefits for your business The big data analytics industry is huge and there is no indication that its growth will slow in the foreseeable future. The projected revenue of over $308 billion in 2023 will likely double in the next six years, ...
(AsianFin)—The banking sector faces significant hurdles in applying large models due to stringent requirements for data compliance, security, accuracy, and reliability. Although initially expected to lead in large model adoption, the financial industry lags behind others like legal and HR sectors. C...
Within five years after China acceded to WTO,China's banking market will be opened to the world according to the relevant agreements with WTO. China's banking industry is one of service business in inferior position,but still has to fact fierce competition and challenge of foreign banks. For...
The banking industry, with a large customer base and their use of mobile and other emerging technologies, has seen a surge in transactions leading to rapid generation of huge amount of data. This large amount of data presents great opportunities to the banking industry. At the same time, the...
Despite the hurdles, large models promise significant advancements in banking operations, provided they address data integrity, talent shortages, and customer concerns. As banks navigate these complexities, collaborative efforts between industry stakeholders and technology providers will be essential for success...
This book highlights the need and importance of IFRSs in Indian banking Industry, the various phases of implementation of IFRSs in the banking sector in India. The book also highlights on the challenges ahead.Sankar ThappaSankar ThappaLAP LAMBERT Academic PublishingSarkar, T.(2012) "IFRSs in ...
This IDC Survey draws upon IDC's CloudPulse Survey results that provide an indication of how banks are adopting cloud and what conversations they will want to have with vendors and service providers as they look to deploy in the cloud and transform cloud strategies. The banking industry has its...
Makhijani, Naresh