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  • The BFSI (Banking Financial Services Insurance) industry is constantly evolving and it is important to stay informed about the update.
    Business,  Money

    Trends All BFSI Professionals Need to Be Prepared to Tackle

    January 12, 2024 / Comments Off on Trends All BFSI Professionals Need to Be Prepared to Tackle

    The BFSI (Banking, Financial Services, and Insurance) industry is constantly evolving and it is important to stay informed about the latest developments. Here are some key points to keep in mind for 2024 and beyond. Table of Contents: BFSI BFSI must increase digitization: The trend towards digitalization in BFSI will continue to grow, with an emphasis on online banking and mobile payments. Upgrade Regulation: The industry is heavily regulated, and regulations will continue to change and evolve in the coming years. Companies will need to stay up-to-date with the latest rules and regulations to remain compliant. Improved Cybersecurity: As the trend of conducting financial transactions online continues to grow, it…

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