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Last year alone technology spending in banking reached $650 billion globally, but investors, boards, and management teams often don’t have visibility into the value enabled. We look at ways banks can extract greater value from technology, data and AI in our latest article by Aamer Baig , Vik Sohoni, Xavier Lhuer, Zane Williams. Dig into the details by reading “Unlocking value from technology in banking: An investor lens” https://mck.co/3C7Pxhy

This is a great article highlighting $650 billion spent globally by banks. Value realised on these investments have not improved over years given banks are focused on short term changes over sustainable changes. This is where Massivue’s transformation approach comes in - focused on changes that stick, delivering sustainable Business outcomes for clients and stakeholders. #value #transformation #banking

Amid rising interest rates and inflation pressures, banks have massive opportunities to create value by aligning tech investments with business priorities. Particularly relevant insights seen there: 1️⃣ Data allows banks to deepen customer relationships, increase deposits, and enhance net interest margins! 2️⃣ AI drives efficiency gains, transforming customer service and simplifying operations (as in most businesses ^_^) 3️⃣ Proactive tech risk management protects long-term value by keeping regulatory risks in check (change in form of compliance & kyc) I'm excited to be part of the banking and tech transformations, as banks adopting these strategies are establishing new benchmarks for resilience and growth. Very enlightening article!

In today's digital age, customers expect personalized banking experiences. As a Digital Banking Consultant, I focus on helping banks leverage AI and data analytics to deliver customized financial products, services, and recommendations. #CustomerCentricity #DigitalTransformation #AIinBanking #BankingoftheFuture

Why trust is the most important word in banking - learn how AI is fueling a massive transformation in the financial services industry. Register today https://lnkd.in/gkR2hgSq #smarterwithopentext

AI is becoming a threat to banking—what's next? With Ankitt Gaur we explored how AI could disrupt traditional banking, what it means for all of us and How Banking will migrate from a nation-state to a network state. Is the system ready for the challenge? Full Video - https://lnkd.in/gjsGVaBk

Navigating banking questions shouldn't be a hassle! The future of seamless self-service banking is here. Learn how RAG-powered AI advisors deliver accurate, in-app answers instantly—no fine print, no hassle. Watch the full video now! 👇 https://lnkd.in/gJ2Ds_DP

🌟 The future of banking is personal! 🌟 In today’s fast-paced world, customers demand a more personalized banking experience tailored to their unique needs. Personalized Banking leverages data and technology to deliver customized financial services, from targeted loan offers to investment advice, ensuring each customer feels valued. By combining customer insights with digital tools, banks can create a more human-centric approach to financial services. Are you ready for the future of banking? #PersonalizedBanking #FutureOfFinance #CustomerExperience #DigitalTransformation #BankingInnovation #AI

How do we blend technology with the human element in banking? We need tech that helps enhance that experience and matches the experiences that our customers are getting in other industries. - Perry Revell (indirect quote)   That is how banks should be thinking. AI is not here to replace the human element, only to enhance it.  #banking Georgia Bankers Association

Last year alone technology spending in banking reached $650 billion globally, but investors, boards, and management teams often don’t have visibility into the value enabled. We look at ways banks can extract greater value from technology, data and AI in our latest article by Aamer Baig, Vik Sohoni, Xavier Lhuer, Zane Williams. Dig into the details by reading “Unlocking value from technology in banking: An investor lens” https://lnkd.in/gcg87rRb #mckinsey #banking #technology #financialservices #neverjusttech