In the business world, change is constant
Organizations face the challenges of a volatile world, from adapting to new working models and coping with supply chain disruptions and new technological leaps triggered by artificial intelligence (AI) to adjusting or transforming their business models to changing political and economic conditions as well as regulatory conditions (climate change, sustainability). Process optimization through digital transformation is now a necessity.
Trust is the key to unlocking the full potential of Generative AI (GenAI). However, a BearingPoint survey from 2023, Ethics in GenAI, shows great mistrust among consumers of GenAI tools. In this white paper, we shed light on an innovative approach to increase trust in the perception of Generative AI by integrating ethical principles into its use. We focus on how organizations can establish user trust by dovetailing technological and organizational components.
Forward-thinking banks increasingly rely on digital innovation and personalized services to grow their customer base and increase competitiveness. However, one critical factor in many digital transformation initiatives is often underestimated: designing an effective sourcing model to partner with a portfolio of specialist providers.
The survey results and analysis of core banking solutions presented in the white paper objectively evaluate selected core banking platforms and their suitability for different categories of banks. The intention was to highlight relative strengths based on the defined criteria of banks during the core banking software selection process, such as functionality, technology, and acceptance.