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

CIO

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 718
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Step 1 to becoming a business-savvy CIO

CIO

For example, if you are in banking, your organization is likely to measure itself by profitability ratios such as net interest margin (the difference between interest income generated and interest expenses) or PCL (provision for credit losses). Marketing and sales had measured success by how many new card accounts were opened.

Business 608
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The business value of social sustainability

CIO

trillion, underscores the financial advantages of prioritizing social sustainability. For instance, the World Bank estimates a $160.2 trillion loss in human capital wealth from gender inequality. NTT’s report , based on a ThoughtLab survey of 250 senior executives with a combined revenue of $2.2

Business 565
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Gen AI without the risks

CIO

The new banking assistant would have a smaller model that could run on general-purpose (existing) hardware and still deliver excellent, highly accurate services. For example, converting a 32-bit floating point model to the nearest 8-bit fixed integers (INT8) can boost inference speeds 4x with minimal accuracy loss.

Matrix 770
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How CIOs reinterpret their role through AI

CIO

This improves business performance by protecting against potential revenue loss and ensuring a better customer experience, which is also critical to customer retention and acquisition. IT was divided into three parts: core banking, IT infrastructure, and data management, analytics, and AI. Standard or customized products?

Banking 532
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The Advantages of SaaS for Data Security Strategies

Smart Data Collective

As internet connections become speedier and more reliable, businesses and consumers turn to SaaS for its convenience and other advantages. The financial intelligence and analytics company points out the many advantages of software-as-a-service solutions. SaaS advantages for data security. billion market.

Advantage 173
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Data Analytics Improves Credit Risk Reduction Via Diversification

Smart Data Collective

Credit risk is one of the most critical hazards that banks and financial organizations face. Credit risk may result in everything from late payment penalties to huge financial losses, especially if the borrower fails on a considerable sum or if a large number of borrowers default at the same time.

Finance 216