This year, the financial sector is facing significant upheaval as a result of the coronavirus pandemic. But even before the virus’s spread began to inflict serious damage on nations’ economies, banking institutions were set for a challenging year. Low interest rates are here to stay, the shadow banking sector continues to grow and consumers are expecting more and more of banks’ digital services. Banks’ ability to adopt new technologies and maintain strong customer relations matters...
World Finance magazine has announced the winners of its Global Insurance Awards 2019, championing the work carried out by Nigeria’s Zenith Insurance, Spain’s Seguros RGA and a number of other industry heavyweights. The awards recognise the businesses that have managed to adapt and evolve to keep pace with changing consumer demands. Many of the companies listed have adopted artificial intelligence (AI), Internet of Things solutions and several other new technologies in order to deliver faster, more reliable services. In addition, these...
