EdTech Insight – Scaling gen AI in banking: Choosing the best operating model

by EdTechMate | Mar 22, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Generative AI (gen AI) technologies are having a transformative effect on the banking sector, enhancing customer service through advanced chatbots, mitigating fraud risks, and optimizing labor-intensive processes like coding and...

EdTech Insight – The business of risk-taking: An interview with Jayne Plunkett

by EdTechMate | Mar 8, 2024 | McKinsey, News & Insights

“`html Executive Summary and Main Points Key innovations discussed by Jayne Plunkett, CRO of AIA Group, include the evolution and response of the insurance industry to modern challenges, particularly in understanding, quantifying, and mitigating risk across a...

EdTech Insight – The human element is key: An interview with Barbara Karuth-Zelle

by EdTechMate | Mar 8, 2024 | McKinsey, News & Insights

“`html Executive Summary and Main Points Barbara Karuth-Zelle, a board member of Allianz with substantial experience in technology, advocates for the significant potential generative AI (gen AI) holds in disrupting insurance operations. The focus lies on...

EdTech Insight – Leading through uncertainty: An interview with Neeti Bhalla Johnson

by EdTechMate | Mar 8, 2024 | McKinsey, News & Insights

“`html Executive Summary and Main Points Key innovations in the insurance sector are driven by changing societal, technological, geopolitical, and industrial landscapes, leading to an evolving risk landscape with greater volatility and interconnectedness. Neeti...

EdTech Insight – Winning in corporate deposits through transaction banking

by EdTechMate | Feb 28, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Key innovations within the banking sector, particularly in transaction banking, have demonstrated the potential to significantly impact corporate deposit growth. As rates climb, banks are leveraging technology to improve payment...