Business & Finance
Source: European Banking Authority - The EBA publishes key indicators on climate risk in the EU/EEA banking sector
Source: IDC - IDC Spending Guide
Source: European Banking Authority - Operational risks and resilience
Businesses across the globe are under threat from increasingly sophisticated cyber attacks and digital resilience has become critical. In the financial services industry, the pressure to innovate while meeting strict regulatory requirements is also putting them under pressure.
Common challenges
Achieving compliance
Digital transformation and legacy system modernisation
Building cybersecurity and digital resilience
European businesses face increasing pressure to protect their customers’ data and defend themselves against cyber threats. This is presenting organisations with unprecedented and highly complex challenges. From advanced threat detection to real-time intelligence, Zenitech is helping companies build digital resilience solutions that protect them now and in the future – using some of the latest advancements in AI, machine learning and quantum computing.
What we're watching & why
Financial services are racing to implement generative AI, autonomous agents, and enhanced analytics to stay competitive in fraud detection and customer service. This isn’t just about efficiency gains, it’s a regulatory and trust challenge. With 65% of businesses already implementing AI solutions, the pressure to deploy quickly conflicts with the need for thorough risk assessment. Organisations should be cautious about over-investing in peak-hype technologies while recognising that some will eventually deliver transformative value as they mature beyond the initial excitement phase.
We’re watching this space closely because:
- It's accelerating business automation with AI agents projected to grow from $5.1 billion to $47.1 billion by 2030
- It's reshaping financial operations through generative AI applications in fraud detection and predictive analytics, but needs leadership on practical implementation, regulatory compliance, and distinguishing transformative value from peak hype positioning
- Blockchain/Web3 has notably moved past peak hype. While blockchain still has a future, the excitement has nearly disappeared, and it's transitioning into the "trough of disillusionment" phase after years of inflated expectations.
- Quantum Computing has been riding the hype cycle upslope for over a decade, with recent breakthroughs in quantum error correction creating renewed excitement, though practical business applications remain limited.
Explore some of our contributions
Data validation automation
Learn how Zenitech helped Granit Bank automate its data validation process, improving efficiency and reducing manual errors.
Granit recognised an opportunity to automate data recognition as proof of identity needed to be scanned into the system. So, it tasked Zenitech with creating an automated system to extract relevant data from ID and location card images.
Crafting KH Bank’s next-gen mobile banking experience
Discover how Zenitech helped KH Bank create a cutting-edge mobile banking app, enhancing user experience and integrating advanced features.
In the competitive banking sector of the late 2010s, KH Bank, an affiliate of KBC, identified a crucial need to modernise its retail mobile banking application. The existing solution needed to be improved in meeting their clientele’s evolving expectations and facilitating the integration of new backend features planned by the bank.
Modernising an ageing asset management system
Zenitech worked with a workspace design company to modernise its asset management systems, starting with a proof of concept that was used to manage attendees at the client’s annual conference. The project was so successful it is being widely rolled out across the business.
Within 10 weeks, Zenitech had created a proof-of-concept which was rolled out at the client’s annual conference, and used to manage the event, including customers’ ticketing, data and service requests.
