Infosys at Sibos 2024

VISION TO MISSION

BANKING ON INNOVATIVE TECH

Banks, one of the oldest institutions in our society, are facing change at a scale and pace not witnessed before. From new regulations to cost pressures, escalating financial crime and dynamic economic conditions, there is a multi-pronged push for banks to transform and increase their resilience. Adding to this, is the consistent shift towards the convenience of digital banking, with a growing volume of customers interacting at a frequency higher than ever before! The number of digital payments across the world are also increasing rapidly, even surpassing ATM cash withdrawals.

AI is poised to further accelerate the transformation – from automation and cost optimization to data analysis, sophisticated risk management applications, financial crime mitigation and hyper personalized customer service. Generative AI alone holds enormous potential in enabling the use of data to predict and create exactly what customers need, when they need it – this is transforming banking strategy and operations. Banks that successfully become AI-first benefit from capabilities and efficiencies that lead to significant competitive differentiation.

Innovative technology is ensuring that banks keep evolving to better suit life, commerce and communities. Forums such as Sibos provide a platform to review strategic imperatives, understand the technology trends and direction of the industry – and explore the solutions that are achieving measurable business results. Infosys is proud to again be a key sponsor of Sibos 2024 and we look forward to leading the discussion at this premier industry event.