How financial services organizations can use no-code to keep up with the pace of disruptive fintech start-ups
Use no-code to:
Keep up with changing regulations
Implement new services at the pace of fintech startups
Tackle legacy system challenges through modernization
Sector leaders are using automation for a wide range of tasks, from resetting employee passwords to claims processing, and the cost savings are significant. The Australia and New Zealand Banking Group, for example, deployed automation at scale to see cost savings of 30% annually.
AI is being used to help financial services organizations gain a better understanding of their customers’ needs, meaning they can get better at providing that all-important personalized service.
We’re increasingly moving towards a cash-free world and leading financial services organizations are seeing this as an opportunity to drive innovation in payment methods. As Forbes states, “Consumers want payments to be instant, invisible, and free (IIF).”
Deloitte states that cloud computing could be a “...potential game-changer for how financial services organizations will operate in the future.” Sector leaders are already seeing the benefits of cloud computing in areas such as revenue generation, customer insights, time-to-market, and risk management.
From facial recognition to signature analysis, biometrics are increasingly being used by leading financial services organizations to help reduce fraudulent activity and improve the customer experience.
They say data is the new oil and fintech start ups are providing free services in exchange for consumers’ data. This can take the form of free expense management applications, or commission-free trading platforms.
Online payment integration
Repayments can be made in just a few clicks
Compatibility with existing systems
Clients have a 100% overview of their current account
Personalized client dashboards
Information is privately displayed with options to chat with consultants
Shortening the development cycle means having the ability to keep up with ever-changing regulations. And being the first to implement an innovative new service sets leading organizations apart from the competition.
Betty Blocks operates 100% in the cloud, setting you up to future-proof your organization. It also means security remains paramount, with instant and automated updates across all applications.
Implementing Betty Blocks strategically enables you to control your own innovation with citizen development. It also aligns business and IT, making for more successful development cycles and happier customers.
Connection to legacy systems
Betty Blocks connects easily to all kinds of existing core systems. As a financial organization, you can speed up your digital transformation by creating a modern layer around outdated legacy systems, thereby reducing technical debt, and pushing forward with your innovation goals. Also, since Betty Blocks is 100% cloud-hosted, you don’t need to worry about updates — we’ll do it all for you automatically.
