How Interconnection and Data at the Edge can Future Proof Today's Banks
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Produced by Finextra in association with Equinix, this whitepaper explores how interconnection and computing at the edge can help banks successfully navigate digital transformation and secure competitive advantage.
Highlights
How banks are working with partners, and the risks and challenges involved
How traditional banks can compete against cloud-native, customer-focused neo banks
How deploying machine learning and other systems can prevent cyber crime
How banks are spending and prioritising budgets
Banks need to re-engineer their cost base to meet these competitive challenges. This includes their whole technology stack, their operations, KYC and Credit Risk processes – productivity per person must increase. AI could be used to address some of their challenges.
Hetal Popat
Program Director and Head, Opening Banking and PSD2, HSBC