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All issuesVolume 302, Issue 5IT Vendor NewsIBM

Accelerating AI & Innovation: The Future Of Banking Depends On Core Modernization

IBM News, Friday, June 2,2023

In the rapidly evolving landscape of financial services, embracing AI and digital innovation at scale has become imperative for banks to stay competitive.

With the power of AI and machine learning, financial institutions can leverage predictive analytics, anomaly detection and shared learning models to enhance system stability, detect fraud and drive superior customer-centric experiences. As we step into 2023, the focus has shifted to digital financial services, encompassing embedded finance, generative AI and the migration of super apps from China into a global phenomenon. And all this while balancing the adoption of a hybrid multicloud strategy. For banks to stay relevant and competitive in this new world,

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