Electronic Banking News
Increased Competition and Reduced Costs: Achievements of Cloud Technology and Artificial Intelligence

Increased Competition and Reduced Costs: Achievements of Cloud Technology and Artificial Intelligence

Dr. Abbas Memarnejad, Chairman of the Board of the National Informatics Corporation, believes that the implementation of smart banking and cloud technology will lead to increased competition and reduced costs. In a specialized meeting on business reinvention in smart banking, Dr. Abbas Memarnejad stated, “Modern technologies are tools for steering businesses towards value creation. Global experience in smart banking shows that technologies improve the performance of this sector and meet people's needs.”

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Banking System Must Achieve a Desirable Level in Information Infrastructure

Banking System Must Achieve a Desirable Level in Information Infrastructure

The Director of Innovation and Strategic Studies at the National Informatics Corporation, in a discussion with Radio Eghtesad, emphasized the necessity of equipping ourselves with the skills and knowledge to utilize artificial intelligence (AI) technologies. He noted that since AI inherently possesses the power to predict events, companies and organizations are increasingly seeking to leverage this capability.

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