World’s banks accelerate shift to digital after COVID-19

Electronic technological know-how highlighted as essential to meeting new decarbonization targets as Atos launches newElectronic Eyesight: Electronic Banking paper

6 October 2021

Financial institutions are swiftly accelerating their change to digital channels as they seek to reinvent their company versions in reaction to the COVID-19 pandemic, a new paper from Atos reveals.

Incumbent banks are struggling with a big obstacle in preventing off digital competitors, although all banks will have to harness technological know-how in purchase to satisfy new decarbonization targets and regulatory prerequisites, as well as cater for mounting purchaser demands.

Two thirds (sixty six for each cent) of banking leaders named transforming the digital purchaser practical experience as a best priority over the following 12 months in a survey, although a further 80 for each cent mentioned digital technological know-how is vital to accomplishing their decarbonization targets. Just about 50 percent named account protection and protection from fraud as a essential priority.

The effects, from a survey that integrated 400 retail banking leaders throughout North The united states and Europe, are highlighted in the most current world-wide view paper by Atos, Electronic Eyesight: Electronic Banking, which delivers collectively leading voices from throughout the market and geographies, including North The united states, to take a look at the most current tendencies that are shaping and transforming the digital future of banking.

Electronic Eyesight: Electronic Banking illustrates how digital technological know-how is generating banking smarter, greener and safer. It information how big details, synthetic intelligence, blockchain and the World wide web of Factors are presenting banks new possibilities to rework the purchaser practical experience, decarbonize functions, and secure their company and shoppers from exterior threats.

Adrian Gregory, World wide Head of Economic Solutions & Coverage at Atos, mentioned:“Digital disruption is not new to the banking market: systems progress and hungry industry entrants are rising all the time. What has adjusted, even so, is the massively accelerated change to digital channels as a end result of Covid-19.Atos is working with our banking shoppers and world-wide companions to aid navigate and speed up company and digital transformation to supply banks’ priorities and ambitions. At this pivotal time in heritage, we see essential possibilities to collaborate to aid generate a cleaner, additional inclusive and safe future for all.”

The Electronic Eyesight: Electronic Banking paper builds on the practical experience of Atos as a leading digital companion to many of the world’s banking, cash markets and insurance coverage companies, providing integrated technological know-how methods that aid money expert services suppliers prosper in a swiftly evolving digital world.

In excess of the previous 12 months alone, Atos has secured a wide range of banking, insurance coverage, pensions, and cash markets contracts throughout many continents. Illustrations consist of the selection of Atos by Banque Misr, a single of the largest banks in Egypt, to guidance its transformational journey to develop into the country’s initially digital lender a minimal ten-12 months contract with Nest to structure and make a future focused pension scheme and an extended agreement to speed up transformation with Dutch insurer VGZ.


About Atos

Atos is a world-wide chief in digital transformation with a hundred and five,000 workers and once-a-year revenue of over € 11 billion. European number a single in cybersecurity, cloud and significant general performance computing, the Group delivers tailored finish-to-finish methods for all industries in 71 nations. A pioneer in decarbonization expert services and items, Atos is committed to a safe and decarbonized digital for its consumers. Atos operates beneath the brands Atos and Atos|Syntel. Atos is a SE (Societas Europaea), mentioned on the Up coming 20 Paris Stock Index.

The reason of Atos is to aid structure the future of the details area. Its skills and expert services guidance the advancement of know-how, education and analysis in a multicultural method and contribute to the advancement of scientific and technological excellence. Across the world, the Group permits its shoppers and workers, and customers of societies at massive to stay, perform and create sustainably, in a safe and safe details area.

Press make contact with: Helena Shadbolt [email protected] +forty four ()20 3128 8799, Nick Collins [email protected] +forty four ()20 3128 8897