Financial Intelligent Automation in the Digital Bank: Payments
September 29, 2021
Hosted by Bonnie D. Graham
Today's podcast explores “Financial Intelligent Automation in the Digital Bank: Intelligent Payments.” The IDC Financial Insights Team of Aaron Press, Marc DeCastro and Jerry Silva discuss the benefits of using intelligence, rather than ‘blunt rules’, to automate payment processes according to a set of business objectives. Learn how automation benefits the bottom line in multiple ways: reduced cost from errors and fraud, reduced cost from overhead, and higher revenue from a better customer experience. Artificial Intelligence (AI) and Machine Learning (ML) can improve processes and reduce costs across multiple use cases. Fraud prevention, regulatory compliance, payment routing, and even marketing and product development can all benefit from intelligent decision models. The analysts share real-world examples of using ISO 20-022, a key ingredient to improving a range of processes in financial services. Hear why leveraging the data requires institutions to make investments beyond implementation, including automation and AI. Upcoming podcasts will feature the IDC Retail Insights Team. Stay tuned! We welcome your comments and questions. Please email us at Insights@IDC.com.
Becoming Digitally Resilient with IDC Industry Thought Leadership
New Shows Available on VoiceAmerica Business Channel
Take Industry Expertise Wherever You Go – The academic definition of resiliency is the ability to adapt to changing circumstances while maintaining its central purpose. The notion of resiliency came front and center for business executives during the pandemic as they adapted to challenging circumstances while maintaining continuing operations and protecting the health of their employees. Technology proved invaluable to this business resiliency and accelerated the digital transformation that was in motion at most organizations prior to the pandemic.
Join host Bonnie D. Graham and the IDC team in this special Becoming Digitally Resilient with IDC Industry Thought Leadership Podcast Series, with deep dives into Energy, Financial, Government, Healthcare, Manufacturing and Retail. Listen while the IDC team discusses hot-topics and provides insightful, fact-based research and strategies, all with the convenience you need. Presented by IDC, on the VoiceAmerica Business Channel.
Bonnie D. Graham
Bonnie D. Graham has been producing and hosting live talk radio since 1998. She is the creator, producer and host of the weekly business talk series, “Coffee Break with Game-Changers, presented by SAP” that debuted in Fall 2011, plus more than two dozen related Game-Changers Radio series also heard on the VoiceAmerica Business Channel.
SAP helps companies of all sizes and industries run simple. From back office to boardroom, warehouse to storefront, operations to finance, SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. We do this by extending the availability of software across on-premise installations, cloud and hybrid deployments, and mobile devices.