IBA Group Shares RPA Expertise at BankIT’2018
From October 23 to October 25, IBA Group participated in the 15th international forum on banking information technologies BankIT'2018 as the event's founding partner in Minsk, Belarus. IBA presented its banking solutions and RPA expertise.
BankIT’2018 focused on artificial intelligence (AI), robotic process automation (RPA), Big Data, machine learning (ML), and open application programming interface (API) as instruments used by modern banks for digital transformation of their business. IBA Group spoke about trends in banking development in the presentations entitled Open API: From Idea to Implementation, Robotic Process Automation in Bank’s Activities, and Extraction of Information from Bank’s Data.
According to IBA Group, banks benefit from the use of the above technologies by achieving flexibility in customer interactions, a bigger audience reach, an ability to cater to different generations of customers, and fast data exchange. This results in a higher funds turnover, improves the bank’s reputation, and increases profit.
In addition, IBA Group delivered a presentation entitled How to Simply Detect a Complex Fraud at the Cyber Security and Cyber Resilience section, talking about building investigation schemes in banking with the use of analytical systems.
At the forum, IBA Group conducted a number of negotiations and meetings with representatives of the Belarusian and Kazakh banks. At the IBA Group booth, the participants and visitors of BankIT'2018 were able to receive additional information about IBA Group's products, services, and solutions for the banking sector.
BankIT is an annual international forum that gathers 1,500 experts and directors in the financial sector, information technologies, and management. Every year, delegates from more than 20 countries attend the event. The National Bank of the Republic of Belarus, the Scientific and Technological Association Infopark, and the Belarusian Banks' Association organize BankIT.