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4 perils of being an IT pioneer

CIO

As a result, organizations often rush to adopt new technology believing it will make them operationally more efficient and enhance their competitiveness. A senior IT leader from a bank confronted this challenge while working with a fintech provider. “We For the technology leader from the bank, it served as a valuable lesson.

IT 657
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Gen AI without the risks

CIO

Intelligent assistants are already changing how we search, analyze information, and do everything from creating code to securing networks and writing articles. For example, retraining an LLM on financial information would trade a general ability like songwriting for the ability to help a customer with a mortgage application.

Matrix 829
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Generative AI in Investment Banking

Alpha Sense BI

While they are not newcomers to digital transformation, investment banks (IBs) are increasingly adopting generative artificial intelligence (genAI) across their organizations. In the last couple of decades, investment banks have adopted AI for customer-centric interfaces and to automate data functions. million per employee by 2026.

Banking 59
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Why Your Business Needs a Data Backup Strategy

Smart Data Collective

Otherwise, hijackers will undoubtedly figure out how to steal and profit from the pillars of information stored on your company’s computers and servers. Unfortunately, having your enterprise’s data corrupted may lead to the loss of your clients’ data, and subsequently, to your company losing its credibility.

Business 312
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10 Market-Moving Trends to Watch in 2024

Alpha Sense BI

If a company doesn’t move fast enough or finds the information a day too late, the chance to make an informed decision could be forever lost. Companies need a way to stay smarter, more agile, and continuously informed about their industries and the business world at large. which I fully support.

Marketing 111
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3 Effective Video Marketing Ideas For Finance Institutions

mention

Since the banking and finance sector is a highly competitive industry, it is also a huge challenge to attract more clients and retain them. Even though most financial companies and banks invest in setting up a website, it is not enough. Demo videos help showcase particular features of a product or service. Aim for simplicity.

Finance 359
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FDIC should not sell Silicon Valley Bank assets to Apollo, as long as Apollo’s Athene remains a creditor to the bank’s parent company, says UFCW International Union

Wink Intel

WASHINGTON–( BUSINESS WIRE )–United Food and Commercial Workers International Union is calling on the Federal Deposit Insurance Corporation not to sell Silicon Valley Bank assets to Apollo Global Management [NYSE: APO], as long as Apollo’s insurance subsidiary Athene remains a creditor to SVB Financial Group, the bank holding company. “We

Banking 40