AI is reshaping the future of financial services

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Artificial intelligence (AI) is poised to transform the financial services industry, particularly in the banking sector, with the costs associated with shifting banks predicted to plunge. The New Physics of Financial Services, a World Economic Forum and Deloitte report, examines how AI will transform the realities of financial institutions by radically changing front and back-office operations, creating […]

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75% of companies not meeting cost reduction targets

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In a new Deloitte survey of what measures Asia Pacific (APAC) companies are undertaking to manage costs and improve margins, Australian companies were found to have the least aggressive cost reduction targets in the region (74% of Australian respondents cited a cost reduction target of less than 10% and a further 18% cited no target) […]

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