![banking](https://hcltech.imgix.net/sites/default/files/question-and-answer/page-image/2023-11/thumbnail-36_0.png?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
What is core banking?
Core banking systems are aimed at empowering existing and probable customers to have a greater freedom of their account transactions. With technological evolutions, transactions are now safer, faster and less cumbersome.
![banking](https://hcltech.imgix.net/sites/default/files/question-and-answer/page-image/2023-11/thumbnail-36_1.png?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
What are the advantages of digitalization in banking?
Digitization is the conversion of data into a digital format with the adoption of technology. Adoption of digitalization is very important for the banking sector.
![banking](https://hcltech.imgix.net/sites/default/files/question-and-answer/page-image/2023-11/thumbnail-39_0.png?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
What is the impact of technology on financial services?
The financial services industry is looking at improving online customer service enabled by competition with consumer brands like Amazon, Facebook, and Google. Importantly, most financial services executives feel improving the customer experience to be the top driver of digitization in banking.
![From insights to impact: Data-driven innovation for seamless banking experience](https://hcltech.imgix.net/sites/default/files/trends-insights/page-image/2024-12/thumbnail-required-600x360-2.jpg?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
From insights to impact: Data-driven innovation for seamless banking experience
At Handelsblatt’s BankenTech conference in Frankfurt, leaders from ING and HCLTech explored how data-driven innovation is transforming banking across Europe and enhancing customer experience
![Banking on GenAI: Driving future innovation in financial services](https://hcltech.imgix.net/sites/default/files/trends-insights/page-image/2024-04/Ashutosh_600x360.jpg?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
Banking on GenAI: Driving future innovation in financial services
In the Intersection of technology and banking, GenAI is steadily asserting its dominance, fundamentally reshaping the entire financial services ecosystem
![Building trust in banking amid tech transformations](https://hcltech.imgix.net/sites/default/files/trends-insights/page-image/2024-01/Srini-600x360_0.webp?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
Building trust in banking amid tech transformations
Financial services organizations need to prioritize trust and ethical standards as emerging technologies have brought fresh challenges to them in safeguarding sensitive data
![The future of digital banking: Leveraging data and AI](https://hcltech.imgix.net/sites/default/files/trends-insights/page-image/2024-12/thumbnail-required-600x360-2_0.jpg?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
The future of digital banking: Leveraging data and AI
Digital innovation is transforming business banking in Europe, enabling growth for SMEs and supporting sustainability in a rapidly evolving financial landscape
![From GenAI to skills and ecosystem partnerships: The trends shaping the future of financial services](https://hcltech.imgix.net/sites/default/files/trends-insights/page-image/2024-11/finance-summarythumbnail.jpg?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
From GenAI to ecosystem partnerships: The trends shaping financial services
Ahead of AWS re:Invent 2024, Sudip Lahiri, EVP and Head of Europe & UKI, Financial Services at HCLTech, explores how GenAI and data-driven ecosystem partnerships are shaping the future
![Banking on trust through transformative tech](https://hcltech.imgix.net/sites/default/files/hcltech-videos/video-thumbnails/2024-01/Srini-600x360.webp?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
Banking on trust through transformative tech
WEF 2024 Affiliate session from Ice Village, Davos
![Transforming banking with the technology of the future](https://hcltech.imgix.net/sites/default/files/pdf-landing-page/page-image/2024-01/Transforming-banking-with-technology.webp?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
Transforming banking with the technology of the future
Building robust IT frameworks for a Malaysian bank to overcome Ungoverned data platform with inefficient data operation & governance.
![The Deposits Race](https://hcltech.imgix.net/sites/default/files/blogs/page-image/2023-08/600x360px_Banners-02.webp?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
![Navigating the technological frontier: Innovations reshaping financial services](https://hcltech.imgix.net/sites/default/files/blogs/page-image/2024-04/thumbnail_summary.webp?auto=compress&fit=crop&h=360&ixlib=php-3.3.1&w=600)
Navigating the Technological Frontier
Technological advancements are dynamically reshaping the financial sector. We must identify these emerging trends and critically assess their potential and ethical considerations