Digital transformation and AI in financial services enhance customer personalization, with data analytics boosting retention by 78%. Open banking users grow 50% annually.

AI and ML are driving automation in BFSI, enhancing efficiency with explainable models. Real-time big data analytics and DataOps improve decision-making speed. Privacy-tech like differential privacy is crucial.

Digital transformation spending to hit $2.3 trillion in 2023, growing 19.1% annually. Key for competitive edge, focusing on tech, data, customer-centric processes, and skilled workforce.

AI's impact is growing with 18% of CS papers using AI tools. Quantum computing could revolutionize data science. Zero Trust security is rising sharply, reducing breach costs.

Agentic AI boosts efficiency in BFSI by automating tasks like customer service and coding, saving up to 30% of work hours by 2030. It enhances decision-making and operational productivity.

Digital payments to hit $20.09tn by 2025 with 13.63% growth. Mobile payments will be 79% of transactions. Stablecoins processed $24tn in 2024, easing global transactions.