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Why PCI compliance matters more than ever in the financial sector

CIO

Financial institutions, like banks and lenders, can now collect, store, and analyze more data than ever, thanks to advancements in cloud computing and data management technologies. According to the International Monetary Fund’s 2024 Global Financial Stability Report , one-fifth of all cyberattacks are against the financial sector.

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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations

CIO

This approach has significantly enhanced the customer banking experience. At Mashreq, we are redefining traditional banking by always placing our customers at the forefront of our operations. What are the different kinds of technology that Mashreq has been investing in to upgrade its banking system and services in recent years?

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Will AI Agents Join the Workforce This Year?

Alpha Sense BI

In January, Cohere unveiled its new agentic AI offering, North , a low code platform for enterprises to build and deploy agents to help find information across global knowledge repositories, conduct research and analysis, and perform complex tasks spanning previously disconnected tools.

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How resilient CIOs future-proof to mitigate risks

CIO

Another undeniable factor is the unpredictability of global events. In addition to these risks, data breaches, ransomware attacks, and unexpected global outages can cause serious damage to mission-critical initiatives, no matter the company size or vertical, says Arvind Nithrakashyap, co-founder and CTO at cybersecurity company Rubrik.

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Can serverless fix fintech’s scaling problem?

CIO

Technology leaders in the financial services sector constantly struggle with the daily challenges of balancing cost, performance, and security the constant demand for high availability means that even a minor system outage could lead to significant financial and reputational losses.

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CIOs and CISOs forge vital partnerships for business success

CIO

Last July, a routine update from cybersecurity software firm CrowdStrike sparked a global IT outage that brought companies to their knees, disrupting operations and amounting to an estimated $5 billion-plus in direct losses. Vikram Nafde, EVP and CIO, Webster Bank Webster Bank

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AI in action: Stories of how enterprises are transforming and modernizing

CIO

In claims and operations, insurers are applying AI to fraud detection, loss summarization and automation of large-scale document processing. Underwriting is a key target area, with AI being used to improve data ingestion, risk triaging and portfolio optimization.