Examples of ICT developments in the sector
- Blockchain: this increases the efficiency and security of transactions, including international payments.
- Cybersecurity: the European directive for payment services is the Payment Service Directive (PSD2 and PSD3) with high demands on ICT due to security and the AVG (data privacy).
- Open Banking: this enables organizations to share their financial data securely.
- Regtech: Regulatory technology (Regtech), use of technology to comply with increasingly complex regulations..
- Artificial Intelligence (AI) and Machine Learning: for applications such as fraud detection, risk assessment and providing personalized financial advice. Machine learning algorithms can analyze large amounts of data to discover patterns and make predictions.
- Smart chatbots: that speak to policyholders and handle a large part of the telephone conversations automatically.
CIMSOLUTIONS provides the Finance and Insurance sector with professional ICT consultancy services and solutions for clients such as Volvo Financial Services , VGZ , CCV, ING, APG, ABN AMRO and TKP. We distinguish ourselves in particular with our own advanced AI products and services from CIMSOLUTIONS AI.