Biggest Tech Trends Shaping The Future of BFSI
Delve deep and find solutions to the most pressing issues in BFSI sector - reducing operational costs, digital payments, security, and customer experience.
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EXPERIENCE THE FOREFRONT OF FUTURE-TECH
WITNESS EXCITING USE-CASES
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“Egyptian government currently attaches high priority to AI. Egypt moving up 55 places in one year reflects the government’s huge efforts, the most prominent of which is adopting more modern technologies to provide Digital Egypt services.”
Big BFSI Future Tech Show is a thought-leadership-driven, business-focused initiative that provides a platform for tech leaders who are looking to explore and adopt new-age future-tech within their organization.
The show is virtually hosting tech leaders from across India, who will meet, network, learn and engage with some of the world’s renowned technology thought-leaders, subject matter experts and technology innovators in a constructive, open-dialogue environment to find solutions for issues hindering their operations and services.
According to IDC, bank spending on consumer-facing technologies for branches and online services is forecast to grow from USD 31 billion in 2020 to 40 billion in 2024.
India is heading towards a FinTech valuation of USD 150 billion by 2025, translating to a value-creation capacity of about USD 100 billion.
Advanced technologies like AI, Blockchain, and RPA will continue to drive transformations in the Indian BFSI sector. Apart from reducing operational costs, these next-generation technologies will elevate the online banking experience for young customers and help you extract business insights from the large volumes of customer data being generated daily.
The benefits of investing in these technologies today are going to be widespread.
Be it through mobile banking or digital modes of payments, digital technologies are gradually transforming the banking and financial services sector in India and across the globe. As we move deeper into the digital age, we can foresee more groundbreaking, technology-driven, innovative banking solutions with customers at the focus of all strategic actions.
Impact of Future Tech
Advanced technologies are driving transformations in the Indian financial service sector. Along with minimizing the operational costs, these next-generation technologies are now elevating the online banking experience for young customers, and helping organizations extract business insights from the large volumes of customer data generated daily.
Today, the benefits of investing in these technologies are widespread, and the sector is now adopting technologies such as AI/ML, Cloud Technology, Mobile Banking Technologies and RPA faster than ever.
Mobile banking technologies
Mobile Banking Technologies
Robotic Process Automation (or RPA)
Robotic Process Automation (or RPA)
The Asia-Pacific region is anticipated to reach 417 million video-on-demand (SVOD) subscriptions by 2025, up from 269 million in 2019. This growth is expected despite the economic impacts of the COVID-19 pandemic. China is expected to make up 65% of the region’s total SVOD subscriptions by 2025, while subscriptions in India will more than double from its 2019 total.
In light of the health safety recommendations by governments across the world, World AI Show - KL will be hosted for CIOs, Heads of AI and global experts as a virtual online event, in lieu of an in-person event. We look forward to bringing together our ecosystem of tech leaders in this new virtual format to learn, connect and collaborate together. Stay tuned for more details to come.
We are extremely impressed and blown away by this experience. Thank you for the amazing platform, the great support, the turn around on requests and just being ON from the get-go.
Chairman, Services Board,
Reserve Bank of India (RBI)
Global Dy CTO,
State Bank of India
Reliance Jio Payments Bank & Financial Services
Head of Trust & Safety,
Chief Data Officer,
Chief Digital Officer,
Equitas Small Finance Bank
SVP, IT Head,
Senior Vice President and Chief Marketing Officer,
Mastering the Era of Digitization
Future of Data Centers
Enhancing CX through AI
Structuring AI and Cloud for Digital Growth in Banks
Safety and Security: Building a Cyber-Protected Network
Leveraging Cloud to Create New Business Frontiers
Our advisory board consists of top technology experts and some of the brightest minds globally who play a critical role in the development of agendas, effective conference sessions design and cutting-edge content creation.
United Arab Emirates
Technology Fellow & Chief Data Scientist, Halliburton;
Senior Advisory Board Member, Trescon
Digital Transformation Evangelist;
Chair of the US ISO team on Innovation Management System; Advisor to MENA Governments;
Senior Advisory Board Member,Trescon
United Arab Emirates
Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base.
Trescon is founded and managed by a group of specialists with more than 8 decades of combined expertise in successfully developing business events, trainings and consulting for corporates, governments, associations and high-net-worth individuals across the world. Our advisory board members comprise of an ever-growing exceptional mix of senior-level industry veterans and successful tech entrepreneurs.
With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high quality business platforms for our clients.