Digitalization in the Banking System

Analyzing the Process of Digitalization in theBanking System.

Exploring the Opportunities and Challenges

Índice

Banking system

Digital Banking

Exploring the advantages of digital transformation in banking

Challenges of Digital Banking

Opportunities in Digital Banking

Some problems

Banking as a concept

One of the oldest infrastructures in the world

Digital Banking

Is a multifaceted process that encompasses the adoption and integration of digital technologies and innovative strategies to revolutionize the way financial services are delivered

Exploring the advantages of digital transformation in banking

Drive efficiency and automation

Prevent fraud and satisfy compliance

Meet customer expectations withcustomer journeys

Increase customer acquisition through digital channels

Challenges of Digital Banking

Security risk

Size and scale

Obsolete systems

Customer reluctance

Hackers and cyberthieves

Enormous amount of information

People are still suspicious of digital banking.

Usage of outdated programming languages

Opportunities in Digital Banking

Enhanced Services

Digital banking allows you to connect to your customers in new ways.

Partnerships

With third-party apps and fintech companies.

Social Media and the Cloud

New Customers

Helps you communicate with your customers where they are

Offering a smooth and user-friendly banking experience on your app and website.

Problems in Digital Banking

These risks highlight the importance of robust cybersecurity measures to protect both financial institutions and their customers in the digital banking landscape.

complex local and global compliance requirements

Combatting online fraud and security threats

Legacy systems and mindsets

THANKS

for coming

• Better customer experiences
• Drive efficiency
• Adopt innovation
• Generate bussines value

• Phishing Attacks.
• Malware and Ransomware.
• Social Engineering.
• Vulnerability to Cloud-based Cybersecurity Threats.
• Data Privacy Concerns.