Technology

legacy system FI

Say Goodbye to Legacy Systems AND Welcome True Digital Transformation

A legacy system uses obsolete software and/or hardware. The system continues to suit the purposes for which it was initially built, but it does not allow for expansion. As technology evolves, the majority of organizations are confronted with issues generated by an existing system. Instead of providing companies with the most up-to-date features and services,

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Artificial Intelligence in Banking FI

Positive And Negative Sides Of Artificial Intelligence In Banking

The future of the banking industry lies in artificial intelligence, which uses advanced data analytics to stop fraud transactions and increase compliance. An AI algorithm can complete anti-money laundering activities in seconds rather than hours or days, record data in time, allowing them to derive useful information. Artificial intelligence bots, digital payment consultants, and biometric

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