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Banks and lenders are still falling short of fully capitalizing on the AI revolution

CIO

The artificial intelligence revolution is well underway, but how ready are banks and lenders to leverage the full breadth of these capabilities? And while some banks and lenders have made these integrations to varying degrees of success, others are struggling to fully embrace this next technological chapter. The jury is out.

Banking 419
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Schrodinger’s Open Banking

CIO

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 369
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Schrodinger’s Open Banking

CIO

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 369
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Arvest Bank reskills IT to support its banking core refresh

CIO

When Arvest, a regional bank operating in Arkansas, Kansas, Missouri and Oklahoma, hired Laura Merling as chief transformation and operations officer in 2021, one of the first things she changed was its digital transformation plan. We wanted to be the leading community-focused bank serving commercial and small businesses.”

Banking 366
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Banking on customer experience and security via technology-based innovation

CIO

Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on. Banks continue investing in technologies that make the customer experience seamless, including mobile apps and peer-to-peer payments. Security and privacy.

Banking 370
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Atos calls for help after plan to raise new capital falters

CIO

French IT services company Atos has called on a third-party trustee to help it negotiate debt refinancing with its banks after plans to raise €720 million in new capital through a rights issue fell through. IT Operations, Managed IT Services There’s no certainty these negotiations will result in an agreement,” Atos said Monday.

Capital 370
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EXL orchestrates AI for real business outcomes

CIO

Its orchestrator goes beyond simply automating processes; it creates and manages them to ensure efficiency and compliance, from initial data processing to final decision-making. Open architecture platform: Building on EXLs deep data management and domain-specific knowledge, EXLerate.AI

Business 321