Page 40 - Insurance Times February 2023
P. 40

IBEX India 2023 - BFSI tech trends



                         for collaborative banking









                                                              India was heldbetween 19-21 January 2023 at Jio World
                                                              Convention Centre, Mumbai.
                                                              Leading brands from across the globe participated in the
                                                              business-to-business trade show to showcase diverse
                                                              technologies for the banking community. More than 150
                                                              exhibitors showcased physical and IT security, banking
                                                              automation, cards & payments, ATM technology, reconciliation
                                                              systems, IT infrastructure/ services/ solutions, education &
                                                              training, electronic trading systems & energy solutions.
                                                              The  partners  of  IBEX  2023  comprised  Chief  Patron,
                                                              Automation Edge, Site 24*7, Tubelight, iServeU, Posidex,
                                                              Kusters Engineering, Grant Thornton, adStringO, Nutanix,
                                                              emudhra, Route Mobile, Sight, Array, SafWis&Perto.
          The year 2023 is an opportunity to predict what's in store
          for the future of banking. The cost of living crisis will cause
          banks to revamp their digital banking offerings. Apart from
          bracing for tougher economic conditions & a possible global
          recession in 2023.This has created an urgency to further
          digitalize channels and deliver new financial services that
          enable  customers  to  cope  with  ongoing inflationary
          pressures.
          As the market conditions intensify, we will witness a large
          number of banks pulling the plug on their legacy, data-
          driven PFM solutions in favor of more sophisticated tools
          that's backed by science and encourage users towards
          healthier financial habits.

          IBEX India 2023 provided an ideal platform to introduce
                                                              IBEX India 2023 was supported and endorsed by the Bank
          banks to innovative technologies. The 10th edition of IBEX
                                                              of Baroda, World, Bank of Maharashtra, Central Bank of
                                                              India, City Union Bank, CSB Bank, Cyber Society of India,
                                                              Dhanalakshmi Bank, Digital Security Association of India,
                                                              Equitas, ESAF, FACE, Federal Bank, FIDC, fincare small
                                                              finance bank, Fino, Karnataka Bank, KarurVysya Bank,
                                                              MSCBA,  NAFSCOB, NKGSB Co-operative Bank Ltd.,  The
                                                              Rajasthan Urban co-operative banks federation Ltd., RBL





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