Tag: Solution Discovery

Key Takeaways:

1. Unpredictable climate is accelerating demand for GIS data in the insurance industry
2. Real-time mapping enables smarter, faster decisions.
3. Increased ROI through precise risk assessment and faster claims

The Digital Revolution in Insurance

In today’s digital-first world, the insurance industry faces new challenges: rising risk from climate change and evolving customer expectations. One tool that’s helping them overcome these challenges is Geographic Information Systems (GIS). In insurance, data derived through GIS applications enables smarter underwriting, faster claims validation, and sharper risk visibility.

Continue reading “The Impact of GIS Data on the Insurance Industry: A Strategic Framework”

Key Takeaways:

1. Financial modeling has been held back by limited insights and a lack of agility
2. Photonic quantum computing adds new levels of speed, accuracy and computing power
3. Fraud detection, portfolio optimization and risk management can all be transformed
4. Quantum expertise and pilot projects are vital for sustained long-term success

Financial modeling systems have an essential part to play in enabling informed decision-making and predicting the future as accurately as possible. However, many of these systems haven’t met financial services firms’ requirements or expectations: this can be because of human errors, flawed assumptions, complex models and a lack of proper documentation and validation.

Continue reading “How Photonic Quantum Computing Solves Complex Financial Modeling Challenges”

Key Takeaways:

1. Consumers are coming to expect secure, personalized, user-friendly finance apps
2. New innovations better serve underbanked communities and lower costs
3. Integrated ‘super apps’ and AI assistants are leading new developments
4. Working with expert partners to remain competitive is vital

Mobile banking has come on leaps and bounds in recent years. It wasn’t so long ago that we at Ciklum were developing simple SMS and WAP-based banking services, but these have rapidly evolved into the mobile banking applications we use everyday on our smartphones. 

Continue reading “How Mobile Financial Applications are Driving Innovation in the Digital Finance Era”

Key Takeaways:

1. Cybercrime and fraud is a pressing issue for FinTechs
2. Fraud prevention and detection should go hand-in-hand
3. AI can be instrumental in spotting unusual patterns of behavior
4. Human education and best practice should also be considered

Fintech Innovations: Software Solutions for Fraud Prevention in Finance

Digital transformation is proving to be a real game-changer in the finance world – but increasing adoption also means increased risk of fraud. According to Gartner, nearly 80% of finance organizations have invested in artificial intelligence technologies, but only a quarter have a mature AI strategy in place.

Continue reading “Fintech Innovations: Software Solutions for Fraud Prevention in Finance”

Key Takeaways:

• Payment gateway technology is essential for successful retail operations
• Smooth, fast payments through a choice of methods deliver stronger customer experiences
• Security, compliance and flexibility are key to a good solution
• Good payment gateway providers can support with expertise and integration

A Comprehensive Guide to Choosing the Right Payment Gateway Integration Services

The best eCommerce experiences around are those that deliver the most seamless, intuitive and stress-free experiences, all the way through the customer journey. Towards the end of that journey, payment gateways have a key part to play in enabling those experiences.

Continue reading “A Comprehensive Guide to Choosing the Right Payment Gateway Integration Services”

 

Continue reading “Navigating the challenges and complexities of Open Banking”