BFSI leaders are rewriting their technology strategies by adopting AI, cloud solutions, and digital transformation. The BFSI 2025 Vision Summit emphasized the industry's focus on innovation, cybersecurity, and AI-based solutions. With talent realignments and technological transformations in the industry, leaders are reorganizing organizations to leverage these changes. The BFSI security market worldwide is expected to grow to $199.2 billion by 2030, fueled by increased cyber threats and regulatory requirements. This strategic move sets BFSI institutions up for success in the future in a fast-changing digital world.
Source: CNBC-TV18, Fintech Futures, Kyanon Digital