GWS5000

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

Digital technology highlighted as vital to conference new decarbonization targets as Atos launches newDigital Eyesight: Digital Banking paper

six Oct 2021

Banks are speedily accelerating their shift to digital channels as they seek to reinvent their business enterprise types in response to the COVID-19 pandemic, a new paper from Atos reveals.

Incumbent banking companies are facing a major obstacle in battling off digital rivals, when all banking companies must harness technology in buy to meet new decarbonization targets and regulatory needs, as well as cater for mounting consumer demands.

Two thirds (66 for each cent) of banking leaders named reworking the digital buyer practical experience as a top rated priority about the up coming year in a study, when a more eighty for each cent explained digital technology is crucial to accomplishing their decarbonization targets. Virtually 50 % named account security and defense from fraud as a vital priority.

The effects, from a study that included 400 retail banking leaders across North The united states and Europe, are highlighted in the hottest worldwide opinion paper by Atos, Digital Eyesight: Digital Banking, which brings jointly leading voices from across the business and geographies, such as North The united states, to look at the hottest trends that are shaping and reworking the digital long term of banking.

Digital Eyesight: Digital Banking illustrates how digital technology is building banking smarter, greener and safer. It details how significant details, synthetic intelligence, blockchain and the World wide web of Points are supplying banking companies new opportunities to transform the buyer practical experience, decarbonize operations, and defend their business enterprise and clients from exterior threats.

Adrian Gregory, International Head of Economical Providers & Insurance policy at Atos, explained:“Digital disruption is not new to the banking business: systems progress and hungry industry entrants are rising all the time. What has changed, having said that, is the massively accelerated shift to digital channels as a outcome of Covid-19.Atos is doing work with our banking clients and worldwide partners to assist navigate and accelerate business enterprise and digital transformation to provide banks’ priorities and ambitions. At this pivotal time in heritage, we see significant opportunities to collaborate to assist build a cleaner, much more inclusive and secure long term for all.”

The Digital Eyesight: Digital Banking paper builds on the practical experience of Atos as a leading digital lover to a lot of of the world’s banking, funds markets and insurance coverage providers, furnishing built-in technology remedies that assist financial expert services vendors prosper in a speedily evolving digital planet.

Above the earlier year alone, Atos has secured a broad range of banking, insurance coverage, pensions, and funds markets contracts across various continents. Illustrations involve the choice of Atos by Banque Misr, just one of the major banking companies in Egypt, to help its transformational journey to grow to be the country’s initially digital bank a minimum amount ten-year agreement with Nest to style and design and create a long term concentrated pension scheme and an extended arrangement to accelerate transformation with Dutch insurer VGZ.

***

About Atos

Atos is a worldwide leader in digital transformation with one hundred and five,000 workers and yearly profits of about € 11 billion. European number just one in cybersecurity, cloud and higher overall performance computing, the Group presents personalized finish-to-finish remedies for all industries in seventy one nations around the world. A pioneer in decarbonization expert services and solutions, Atos is committed to a secure and decarbonized digital for its shoppers. Atos operates under the manufacturers Atos and Atos|Syntel. Atos is a SE (Societas Europaea), detailed on the Future twenty Paris Stock Index.

The intent of Atos is to assist style and design the long term of the data house. Its experience and expert services help the growth of know-how, education and learning and research in a multicultural solution and add to the growth of scientific and technological excellence. Across the planet, the Group enables its clients and workers, and users of societies at substantial to dwell, get the job done and establish sustainably, in a harmless and secure data house.

Push call: Helena Shadbolt [email protected] +44 ()twenty 3128 8799, Nick Collins [email protected] +44 ()twenty 3128 8897