May 10, 2023

Too Many Choices and Confidence

In a world where everything seems to be within our reach, the number of products we can consider and obtain has increased exponentially.

And when we have a utility in mind, this possibility grows even more since many of them can be provided digitally. No freight, customs broker and other costs associated with importing products.

The paradox of choice

In his book The paradox of choice Barry Schwartz reaffirms and analyzes the implications of this reality where, faced with an excess of options, decision-making can be an overwhelming task.

TheParadox-Of-Choice

So, sometimes to choose the usual “3” best service providers for a quote or a tender process, the search can be endless.

And if you do it online, the algorithm will detect your interests and will propose more companies that you haven't found until now... and that look super attractive!

In addition to this, if the service required is of high cost, where several stakeholders must intervene and participate, decision-making can be even more detailed, complex and slow. Are any of this familiar to you?

In our industry, where there are a lot of services and technologies that are constantly being reinvented, it's easy to fall into the trap of endless choice.

How to define how long it is possible to continue evaluating, waiting, analyzing, while the train of innovation passes by the side?

That's where wise leaders know that you have to set a deadline for research and analysis, choose, start and trust.

Trust in the digital age

In Who can you trust Rachel Botsman explores how technology is changing the way we trust companies and other people. It describes how trust is an increasingly valuable resource and trust, as an intangible value, is being redefined in the digital world.

Rachel_Botsman

And in areas where workers may not only be behind a screen at home, but several kilometers away, it is one of the places where it weighs the most.

At Infocorp, we pride ourselves on the relationship of trust we establish with our clients, because we learn and grow together.

The trust we transmit is disseminated in our work team and in all roles, in a transversal way, and that shows.

We are not perfect, but we know the reality of banking in Latin America and the Caribbean like no other company and we have tested it in more than 40 implementations. That inspires confidence.

But we also have our windows open to the world, being part of the Canadian conglomerate Constellation Software Inc. 3 years ago, giving us best practices and access to global resources.

In addition, we have worked to develop solid policies and practices in terms of security both for our processes (through our ISO 27001 certification) and for the digital services we develop, so that our customers, in turn, provide security to their own.

We know that trust is an invaluable asset and we are committed to cultivating and maintaining it at all times. That's why in times of artificial intelligence and maelstrom, we invite you to trust Infocorp.

#HelpingPeopleLoveTheirBank