Banking & Finance
                            
                            
                            
                        
                    How to overcome the challenges of digital transformation in BFSI Sector
                                The banking industry is undergoing a radical shift, one driven by new competition from
                                FinTechs, changing business models, mounting regulation and compliance pressures, and
                                disruptive technologies.
                            
                                The emergence of FinTech/non-bank startups is changing the competitive landscape in
                                financial services, forcing traditional institutions to rethink the way they do
                                business. As data breaches become prevalent and privacy concerns intensify, regulatory
                                and compliance requirements become more restrictive as a result. And, if all of that
                                wasn’t enough, customer demands are evolving as consumers seek round-the-clock
                                personalized service.
                            
                                From data science expertise to business intelligence, RPA, ML, AI and beyond, VAB Informatics is
                                here to help Banking Industry to tackle challenges and embrace digital transformation.
                            
How VAB Informatics can drive out these Challenges from your Business:
                                With so many challenges to contend with, creating a clear path forward can seem like an
                                overwhelming task, with our team’s right Industry experience to support your digital
                                transformation journey is attainable. Our services team at VAB Informatics has been helping
                                banks to transform to digital banking experiences through our various solutions such as
                                RPA, ML, Digital Banking Solutions. With a wide variety of products and solutions
                                tailored to the Financial Industry.
                            
                                From data science expertise to business intelligence, RPA, ML, AI and beyond, VAB Informatics is
                                here to help Banking Industry to tackle challenges and embrace digital transformation.
                            
Cyber Security in Banking and Finance
                                Data breaches involving financial service firms increased by 480% from 2017 to 2018.
                                With each attack costing financial institutions millions, InnovativeSolutions are needed
                                if we are to avoid a repeat of the cyber crimes.
                            
                                VAB Informatics are here to protect financial services through various blockchain technology
                                must be the foundation.Integrating with existing financial infrastructures poses some
                                serious obstacles that must be overcome.
                            
                        Big Data Use in Finance
                                Big data provides both opportunities and obstacles for financial service providers.
                                Tapping into social media, consumer databases, and even news feeds can help banks better
                                serve their customers, while better protecting their own interests.
                            
                                But sorting through torrents of unstructured data for useful information is no small
                                undertaking. It requires powerful data analytics technology if institutions are to reap
                                a benefit.
                            
                                Innovatiq Technologies provides Big Data Analytics using AI and ML and RPA. Solves the
                                challenges using the right technologies at the areas those addresses the business
                                challenges of Financial Institutions.
                            
                        