Financial Services

Financial Services

Banking Fraud Prevention

Banking Fraud Prevention: System Silos Create Gaps for Criminals

84% of companies worldwide experienced a fraud incident last year – that’s an alarmingly high rate. The banking industry is particularly at risk, with the typical organization losing 5%...
wealth management bizagi

3 Ways Bizagi Transforms Wealth Management Organizations

68% of global wealth managers say that keeping up with new technology is the top challenge that they face, according to the Thomas Reuters report, Digitalization of Wealth Management....
Financial Services Automation

4 Essential Automation Tips for Financial Service Providers

“The stage is set for FS automation and AI to move from what was, only a few years ago, relatively vague concepts to bona fide, strategic business imperatives.” – Financier Worldwide Magazine
Bancolombia headquarters

Intelligent Process Automation: Bizagi and RPA in Action at Bancolombia

Robotic Process Automation (RPA) is making its mark on the financial services industry. Juniper Research has found that RPA revenues in banking will reach $1.2 billion by 2023: a 400%...

How to Be a Digital Transformation ‘Maverick’ in Financial Services

 maverick noun mav·er·ick ˈmav-rik, ˈma-və- - An independent individual who does not go along with a group or party; one who chooses a road less traveled. - Maverick.  I always liked that word. It really has...

Why Aren’t Banks Doing More with Blockchain?

Why Aren’t Banks Doing More with Blockchain? Over the last 18 months a lot has been written about Blockchain and the benefit to financial services companies in adopting distributed ledger technology (DLT). It’s...
customer experience financial services

Perfecting the Customer Experience in Financial Services

Did you know that 61% of financial services firms feel that they neglect the implications of systems change when trying to build engaging customer experiences? This statistic (taken from Bizagi's research) is...
IT leaders financial services

3 Ways IT Leaders in Financial Services can Drive Business Innovation

Financial services organizations risk falling behind the innovation curve by not enabling proper collaboration. 92% of businesses report at least one kind of tension within their organization, and the disconnect between...

Blockchain: The Fuel to Energize Your Financial Services Transformation

Hailed as the ‘Uber’ of banking, Blockchain is the buzzword of the moment in financial services. The digital ledger technology (DLT) has numerous benefits, including fraud prevention and faster payments on...

Enjoy this blog? Please spread the word :)