Banking chatbots are getting an AI boost:Chatbots are critical to customer relationships in banking, but customers still don’t like chatbots as much as banks do.Consumers’ adoption of AI banking chatbots also varies by country. AI compliance challenges:Banks are increasingly adopting AI for hi...
The transformation that mobiles have undergone in recent years has been transferred to the Top 10 Mobile Application Risks. So much so that the most critical vulnerability in the 2016 Top 10, improper platform use, does not even appear on the 2024 list. What other aspects can we highlight?
To capitalize on the upsides and reduce the downsides of generative AI in banking, finance and insurance, however, BFSI leaders need to recognize the 10 biggest risks this technology can introduce to their business. Mitigating these risks begins in system design—long before a st...
Top 10: Technology Leaders in APAC Digital Transformation Top 10: Chief Information Officers Digital Transformation Top 10: Chief Digital Officers Data & Data Analytics Top 10: Digital Transformation Strategies Top 10: Technology Innovations Top 10: Technology Risks Top 10: Sustainable Technology Companie...
As of January 2024, the biggest reported data leak to occur in the past few years was the 2020 hack of the online platform Cam4, which affected more than 10 billion user accounts. In 2020, the Global Cybersecurity Index (GCI) ranked the United States as the country with the highest ...
. These red flags include unusual patterns of funds transfer, especially when involving high-risk countries or entities. For example, if a correspondent bank frequently transfers large amounts to a bank in a country known for high levels of financial secrecy, it may indicate potential AML risks....
<Research>HSBC Research: HK Banks Won't Book Exposures in NWD as NPLs by End-24/ -25 under Base Case; NPL Ratio in Banking System to Rise 1.3 ppts under Bear Case 2025/01/09 09:34 CST Recommend 12 Positive 21 Negative 22 <H Shrs>HSI Opens 25 pts Lower, but NTES-S Leaps 4%+...
Customer expectations are driving innovations in open banking. Consumers are looking for faster, more convenient, and personalized banking experiences. According to areportby PwC,71%of SMEs (small and medium-sized enterprises) are expected to adopt open banking by 2024 in order to improve their ser...
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This blog contains a comprehensive list of the top 35 investment banking interview questions with answers to help you prepare for your next job.