On 14th October 2022, Quantic India proudly hosted the Technology Excellence Awards, Bengaluru Edition at Hotel Four Seasons. The round table conference was a major success as it witnessed the presence of 200+ attendees from various fields of technology. The attendees included experts in software engineering, artificial intelligence, robotics and other high-tech industries .Speakers discussed a range of topics, including Chabot’s, Multi-Cloud Computing, Augmented Reality and Virtual Reality, and cloud strategies.
Key Highlights of the panel discussion:
- Fintech companies are leveraging the power of AI, machine learning, big data and analytics to build customer centric products. These technologies are playing an increasingly important role in helping them create innovative financial solutions that meet the needs of their customers. By using AI-powered insights and predictive modelling, fintech companies are able to develop personalized products that can quickly adapt to changing customer requirements and preferences. With the help of these technologies, fintech companies can provide their customers with a more customized experience and better value for their money.
- Emerging technologies are revolutionizing the financial services sector, enabling FinTechs and Banks to move away from traditional methods of operating. Through Artificial Intelligence (AI) and Machine Learning (ML), organizations can now automate processes such as fraud detection, customer service, and compliance. This can increase efficiency, reduce costs, and improve the accuracy of these tasks. Additionally, with cloud-based systems, financial institutions can now quickly access data around the world in real-time to make better decisions. All of these technological advances are helping FinTechs and Banks evolve into even more efficient organizations.
- Banks and FinTechs should collaborate to focus on key technology areas that will help them deliver better customer experiences. This could include areas such as artificial intelligence and machine learning, blockchain, data analytics, cloud computing and cybersecurity. With the help of these technologies, banks and FinTechs can provide more efficient services to their customers, ranging from improved transaction speed to fraud prevention and enhanced security. By leveraging each other’s strengths, banks and FinTechs can create cutting-edge solutions that revolutionize the financial industry.
- Process automation is at the heart of a successful digital transformation strategy. It enables organizations to take advantage of new technologies, improve operational efficiencies, and reduce manual processes that can be cumbersome and time-consuming. Automation can also help create a consistent customer experience across all channels, leading to increased customer satisfaction and loyalty. By automating repetitive tasks, companies can drive greater efficiency and agility as well as free up resources for more strategic initiatives like innovation and growth.
- Tech-driven financial service companies are revolutionizing the security landscape through innovative technologies and strategies. With digital asset protection and fraud prevention solutions, these companies are safeguarding customer data and assets from malicious actors. Additionally, they are utilizing cutting-edge authentication methods such as biometrics to ensure secure access to accounts and transactions, as well as utilizing artificial intelligence to identify suspicious activity and respond quickly. By embracing these new technologies, these companies are making strides towards a more secure financial services industry.
Our Expert Moderator: Piyush Ranjan – Chief Technology Officer, Coverfox Insurance
Our Eminent Panelist
- Pinak Chakraborty – Chief Information Officer, Airtel Payments Bank
- Shashank Agrawal – Chief Technology Officer, HDFC Credila Financial Services Limited
- Harish Sharma CL – Chief Information Officer, Toyota Financial Services India
- Sachin S Rao – MD & CEO, Archon Consulting Systems
In conclusion, the panel session was a great success and provided an invaluable opportunity to gain insight into the industry from experts. It was informative, engaging, and interactive, allowing those in attendance to benefit from the experience. This event offered attendees an opportunity to learn more about the industry, ask questions, and gain new perspectives. You can join us soon for the Tech 2.0 – 2nd Annual Technology Excellence Awards 2023 – Mumbai Edition.
