IBEX India 2023 BFSI tech trends for collaborative banking

The year 2023 is an opportunity to predict what's in store for the future of banking.

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 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 tsav 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, datadriven 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 banks to innovative technologies. The 10th edition of IBEX India was held between19 19-21 January 2023 at Jio World Convention Centre, Mumbai.

Leading brands from across the globe participated in the trade business-to-business 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.