crspl.info@careedge.in

Tag: Growth

Growth

Credit Monitoring – Challenges & Solution

Assessing the credit default risk of the borrower and keeping an eye on their behavior has been a key responsibility of the risk monitoring department in numerous banks and financial institutions. Credit frauds totaling thousands of crores and major economic crises (such as global crisis in 2008) show the impact of inadequate risk monitoring. Considering… Continue reading Credit Monitoring – Challenges & Solution

How Predictive Analytics Are Redefining Banking and Financial Services

By 2030, the predictive analytics market is projected to reach $56.11 billion. The Asia-Pacific region is the highest adopter of predictive analytics and is expected to be a key driver of its growth, with a CAGR of 23.4% in the region from 2022 to 2030. This has the potential to completely transform banking operations. Here… Continue reading How Predictive Analytics Are Redefining Banking and Financial Services

Risk and Compliance – improvisations using AI

In the era of digitization, the inclusion of artificial intelligence can be seen in almost all business areas. The advent of data science and machine learning has transformed business analytics by augmenting human intelligence and empowering users to make informed decisions. Among various use cases of Banking Risk and Compliance practice, in which Care Risk… Continue reading Risk and Compliance – improvisations using AI