CIO

FEBRUARY 20, 2025

Decades-old apps designed to retain a limited amount of data due to storage costs at the time are also unlikely to integrate easily with AI tools, says Brian Klingbeil, chief strategy officer at managed services provider Ensono. CIOs should also use data lakes to aggregate information from multiple sources, he adds.

Business 405

Business Banking Management Innovation 405

CIO

MAY 16, 2023

When the chief banking officer of a $10.3B community bank visited a competing super-regional branch in her suburban New Jersey neighborhood, she noticed something troubling. Piles upon piles of paper crowded the branch manager’s desk and cluttered the nearby credenza. A large financial institution acquired a smaller bank.

Banking 391

Banking Profiling Security Security 391

CIO

MARCH 19, 2025

In October, Microsoft announced that 100,000 organizations including Standard Bank, Thomson Reuters, Virgin Money, and Zurich Insurance are using Copilot Studio, double the number just months earlier. Weve developed our own agentic AI for code management, says Charles Clancy, CTO at Mitre. And thats just the beginning.

Business 538

Business Technology Technology Globalization 538

CIO

SEPTEMBER 1, 2023

Bank over the years is that effectively deploying and making use of new tools requires a skilled and diverse workforce and a technology team with a strong engineering culture to support it. Banking on technology and people The largest technology investment for U.S. What we have discovered in implementing emerging technology at U.S.

Banking 415

Banking Learning Technology Technology 415

CIO

NOVEMBER 5, 2024

Once synonymous with a simple plastic credit card to a company at the forefront of digital payments, we’ve consistently pushed the boundaries of innovation while respecting tradition and our relationships with our merchants, banks, and customers.

Commerce 496

Commerce Globalization Innovation Banking 496

CIO

SEPTEMBER 10, 2024

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

Banking Capital Finance Learning 419

CIO

AUGUST 30, 2023

As an example, the consultancy refers to how generative AI technology could potentially add $200 – $400 billion in added annual value to the banking industry if full implementation moves ahead on various use cases. Organizations are seeing a dramatic rise in informal adoption of gen AI – tools and platforms used without official sanctioning.

Information 497

Information Loss Security Security 497

CIO

FEBRUARY 5, 2024

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 448

Banking IT Benchmarking Innovation 448

Smart Data Collective

SEPTEMBER 17, 2020

Typically, this approach is essential, especially for the banking and finance sector in today’s world. Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. Big data has numerous perks relating to the financial and banking industries.

Finance 363

Finance Banking Knowledge Competitive 363

Smart Data Collective

NOVEMBER 3, 2021

We have talked extensively about the role of AI in investment management and insurance. The banking industry is among them. Banks have been slower to adapt AI technology than some other institutions. However, the market for AI in banking is expected to grow over 30% a year and will be worth over $64 billion by 2030.

Banking 345

Banking Briefing Loss Algorithm 345

CIO

JULY 20, 2023

Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on. For a borrower, there is more visibility into the process, less wait time, and better protection for their personal and financial information. Security and privacy.

Banking 370

Banking Innovation Security Security 370

CIO

AUGUST 21, 2024

From insurance to banking to healthcare, organizations of all stripes are upgrading their aging content management systems with modern, advanced systems that introduce new capabilities, flexibility, and cloud-based scalability. With support from Hyland Professional Services, the bank migrated 2.5

Management 417

Management Banking Knowledge Retail 417

Smart Data Collective

NOVEMBER 29, 2021

AI is revolutionizing the banking and financial sector. Read this article to get to know why banks need to introduce AI-based solutions in their workflows—the faster the better. Banking is one of those industries that can earn or save billions of dollars thanks to AI. Compliance and Fraud Detection. Investment Valuation.

Banking 321

Banking Due Diligence Finance Algorithm 321

CIO

SEPTEMBER 9, 2024

This comprehensive regulation applies to all financial institutions in the European Union (EU), as well as third-party providers of information and communication technology (ICT) services to financial entities. With dozens of specific rules, DORA’s reach is extensive and far-reaching.

Management 433

Management IT Banking Data Analysis 433

CIO

APRIL 25, 2023

Today’s consumers are accustomed to smooth, frictionless online shopping – and they increasingly expect the same kind of digital experiences from their banks. consumers use mobile banking channels, and 70% said mobile banking is now their primary way of accessing their accounts. “Most people do not want to go into a bank to do banking.

Banking 370

Banking Retail Security Security 370

CIO

SEPTEMBER 22, 2022

In every cyber security team I’ve worked in, stress management is a common concern, says Vodacom group managing executive for cyber security, Kerissa Varma. Some manage this better than others, but one of the most common questions I get asked about my job is how I’ve done it for so long, considering everything that it involves.”.

Management 468

Management Security Security Banking 468

CIO

AUGUST 21, 2024

Enterprise content management (ECM) systems have long given employees easy access to whatever content they need to do their jobs. Potential use cases spread across vertical industries that are steeped in document-intensive processes, including healthcare, financial services, banking, and insurance.

Intelligence 435

Intelligence Intelligence Management Human Resources 435

CIO

DECEMBER 30, 2024

Always keen to help member credit unions grow their bottom line and manage cash effectively, Corporate One wanted to provide access to the industrys new payment rails, and create opportunities for credit unions to take advantage of immediate payments. So members can quickly and securely transfer funds between bank accounts in real time.

Banking 243

Banking Brainstorming Innovation Education 243

Smart Data Collective

MAY 11, 2023

The recent slew of bank failures have created a lot of concerns about the state of the global economy. The good news is that big data technology is helping banks meet their bottom line. The banking sector, in particular, can use big data technology to improve the actuarial analysis of the loan underwriting and approval process.

Data Mining 290

Data Mining Banking Competitive Landscape Predictive Analytics 290

CIO

FEBRUARY 21, 2025

In a damning audit report , Grant Thornton has exposed how the project implementation turned into a cautionary tale of project mismanagement, highlighting critical failures in governance, technical oversight, and vendor management that continue to impact the councils core operations.

Banking 341

Banking Management Intelligence Intelligence 341

CIO

JUNE 13, 2023

Information is at the core of every business’s digital transformation. Managing it has gotten more and more challenging due to growing volumes of content, and the disparate and complex tools and systems. Organizations are awash in information management systems. Today it’s still the top driver for 41% of companies.

Information 243

Information Management Globalization Banking 243

Smart Data Collective

JULY 4, 2021

Wealth and asset management has come a long way, evolving through the use of artificial intelligence, or AI solutions. Machine learning (ML) is a form of AI that is becoming more widely used in the market because of the rising number of AI vendors in the banking industry. But is AI becoming the end-all and be-all of asset management ?

Learning 359

Learning Management Banking Commerce 359

CIO

JANUARY 6, 2025

Financial regulations exist to ensure stability and trust in global banking systems. However, even in a heavily regulated industry, banks and financial institutions worldwide routinely fail audits, often paying steep penalties amounting to billions of dollars.

Banking 195

Banking Predictive Analytics Management Globalization 195

CIO

JANUARY 24, 2024

Karen Higgins-Carter, previously CIO of Webster Bank, joined Gilbane just over a year ago as CDIO with the responsibility of digitally transforming this 153-year-old business. In construction, our teams are managing the construction of hundreds of projects happening at any one time,” she says. Hire the right architects.

Management 446

Management Banking Technology Technology 446

CIO

MARCH 5, 2024

Recently, that’s exactly the course Gisela Riggan, EVP and CIO at Prosperity Bank, chose to pursue, and she selected BMC as her technology partner. Prosperity Bank already has a strong reputation for running a lean, profitable business. What makes us unique is that we still have a community bank philosophy. IT is super thin.”

Banking 243

Banking Travel Innovation Advantage 243

CIO

AUGUST 17, 2023

Committed to increasing the velocity of cash in the economy, they also offer other cash management services such as banking automation, card personalization, IoT monitoring solutions, as well as security and analytics to their clients, making them the number one cash management company in the country, leaving their competition in the dust.

Management 370

Management Banking Commerce Security 370

CIO

APRIL 12, 2024

Global banks and investment firms are currently mulling plans to replace entry-level financial analyst positions with artificial intelligence (AI), with as many as two-thirds of these positions potentially on the chopping block.

Banking 539

Banking Human Resources Finance Market Research 539

CIO

JUNE 20, 2024

That necessitates end-to-end solutions that encompass connectivity, cloud applications, security, data management, support services, and the specialized expertise that is needed to guide them throughout their entire cloud journey. We deliver comprehensive ICT managed services that integrate cloud, network, and security solutions.

Management 366

Management Banking Security Retail 366

CIO

JULY 18, 2022

One organization, Feeding America, the country’s largest domestic hunger relief organization, is turning to information technology to help, having hired three years ago its first IT chief to transform how its network of 200 food banks serve the food insecure. Those food banks also have varying levels of technology acumen.

Banking 531

Banking Restaurants Retail Algorithm 531

CIO

MARCH 5, 2025

The banking, financial services, and insurance (BFSI) sector is facing a storm. One online bank in the United Kingdom has been operating just 10 years but counts one in six of the British adult population as a customer. bank led to debates in parliament, a major public enquiry, and heavy personal fines for the banks CEO and CIO.

Competitive 195

Competitive Banking Competitive Landscape Startups 195

CIO

AUGUST 6, 2024

It makes banks more data-driven and insightful, enhancing decision-making; providing deeper insights; and achieving greater agility, personalized customer service, and automation. Enriched data allows banks to create a comprehensive picture of customer behavior, enabling personalized services and accurate risk assessments.

Banking 448

Banking Value Chain Innovation Learning 448

Smart Data Collective

JULY 8, 2021

However, they should not be passive about waiting for their bank, insurance company or other financial institution to advise them about new technology that can assist them. It is important to be informed about the potential benefits of machine learning as a consumer. appeared first on SmartData Collective.

Learning 359

Learning Management Finance Brainstorming 359

CIO

APRIL 27, 2023

By leveraging one common networking architecture and multiple cloud-based devices, users can view and manage a network from end-to-end through any number of interfaces (e.g., It also provides an easier way to implement and manage automation tools throughout a network. web UI, APIs, mobile).

Management 370

Management Restaurants Banking Advantage 370

CIO

OCTOBER 1, 2024

With each passing day, new devices, systems and applications emerge, driving a relentless surge in demand for robust data storage solutions, efficient management systems and user-friendly front-end applications. As civilization advances, so does our reliance on an expanding array of devices and technologies. billion user details.

Banking 485

Banking Gaming Security Security 485

CIO

AUGUST 6, 2024

Similarly, some hospitals and medical offices could not obtain vital patient information or maintain visit schedules. Vendor risk management Assess vendor capabilities: Regularly evaluate the risk management and disaster recovery capabilities of key vendors. This helps mitigate risks and ensures accountability.

Business 417

Business Hospitals Airline Banking 417

CIO

APRIL 17, 2024

“Suddenly, you can create engaging customer-facing videos at the click of a button,” says Oliver Banks, retail consultant and author of Driving Retail Transformation: How to navigate disruption and change. The new ads were created very quickly,” says Banks. They’re now feeding the model new information with a three-week lag.

Biotech 487

Biotech Banking Retail Innovation 487

CIO

AUGUST 26, 2024

million devices globally , overwhelming contact centers with stranded travelers, frustrated banking customers, and patients seeking urgent assistance. Airlines, banks, healthcare companies, and others must take decisive and strategic actions to repair their customer experience promises, regain customer trust, and drive business growth.

Airline 99

Airline Banking Travel Globalization 99