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05.05.2021 By Sandra Weis
Any company has a number of (business) processes, particularly so the financial services sector. They involve activities that need to be performed to process a business transaction, for example. Process modelling graphically represents this (business) process by depicting the chronological sequence of activities. But what advantages does this create and how can these be used in conjunction with digitisation?
21.01.2021 By Libor Karger
The area of surveillance, or in other words, the monitoring of processes for regulatory and compliance reasons, is enormously important for banks. Banks already use automated systems for these sorts of checks, but they don’t offer a one hundred per cent detection rate. In this blog post, I explain how artificial intelligence methods can be used to solve this problem.
16.10.2020 By Alexander Eppenberger
New technologies are emerging in the banking and financial services industry as a result of ever-changing customer expectations. Rapid sociological changes and advances in technologies are pushing financial institutions to become transparent and abandon conventional ways of doing business in banking and finance. With transaction processes being layered for privacy and safety reasons, customers are offered a large amount of customization in terms of products and services.