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How genAI is transforming financial services

CIO

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
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Powering the future: How Gen AI and AI illuminate utility companies

CIO

John Villali, research director for IDC Energy Insights 2 , explains: “Operational segments across the utility value chain have established use cases that have proven to be beneficial to utilities. And by 2028, the AI spend is likely to more than quadruple to 14.257 billion USD.

Alliance 514
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How Cairn Oil & Gas taps its network of 2,000 startups to fuel innovation

CIO

Cairn Oil & Gas is on a mission to transform its value chain. While banks might be expected to work with fintechs or agribusinesses with agritechs, most people don’t typically associate energy companies with startups. Even more notable about this system for AI-based system surveillance is its source.

Startups 448
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3 powerful lessons of using data governance frameworks

CIO

Another important project currently underway at the DOC is the collection and analysis of data to inform supply-chain policy. The goal is to understand supply-chain choke points and predict them so the American economy can better react to shocks, such as those resulting from the recent pandemic.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO

It has also made significant acquisitions, notably of Newfoundland-based Verafin, whose AI-based financial crime management solution supports 2,400 banking customers globally. To power its pivot, Nasdaq restructured into three divisions: Market Platforms, Capital Access Platforms, and Anti-Financial Crimes.

Banking 435
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What is RPA? A revolution in business process automation

CIO

For example, simple, repetitive tasks such as copying and pasting information between business systems can be accelerated by 30% to 50% when completed using robots. Such RPA implementations, in which upwards of 15 to 20 steps may be automated, are part of a value chain known as intelligent automation (IA).

Business 544
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Leaders That Reboot Their Game to Become a Future Enterprise

CIO

James Chen of CTBC Bank (Taiwan), lauded as CEO of the Year in Asia/Pacific, for his forward-thinking leadership to strengthen the bank’s digital technology services by investing over TWD7.67 billion to modernise its information core and transform its technology to better serve digital customers. Maria Beatriz A.

Gaming 370