article thumbnail

Bud Financial helps banks and their customers make more informed decisions using AI with DataStax and Google Cloud

CIO

For banks, data-driven decisions based on rich customer insight can drive personalized and engaging experiences and provide opportunities to find efficiencies and reduce costs. For Bud, the highly scalable, highly reliable DataStax Astra DB is the backbone, allowing them to process hundreds of thousands of banking transactions a second.

Banking 821
article thumbnail

4 hidden risks of your enterprise cloud strategy

CIO

And those massive platforms sharply limit how far they will allow one enterprise’s IT due diligence to go. When performing whatever minimal due diligence the cloud platform permits — SOC reports, GDPR compliance, PCI ROC, etc. If we didn’t protect that, we could have had a global economic meltdown.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Due Diligence During Economic Downturn

Alpha Sense BI

and growing global tensions (i.e., In periods of high risk, renewed attention is brought to due diligence and what should concern your decision-making. Ultimately, if a company’s bank account is dry of ample capital, you should avoid investing. rising inflation, supply chains disrupted by COVID-19, etc.)

article thumbnail

4 rischi che possono nascondersi in una strategia cloud aziendale

CIO

In gran parte, ciò è dovuto al fatto che le aziende tendono a utilizzare le piattaforme cloud più avanzate disponibili sul mercato, con AWS, Microsoft Azure e Google Cloud Platform in cima alla lista, che limitano fortemente la portata della due diligence IT di un’azienda. Per ogni azienda del mondo, c’è una cosa del genere”.

article thumbnail

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
article thumbnail

NFP Launches a Newly Designed Administration Platform for Bank Owned Life Insurance

Wink Intel

NEW YORK, JUNE 4, 2021 – NFP , a leading insurance broker and consultant providing property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced the launch of its newly designed administration platform for bank owned life insurance (BOLI), powered by NFP Connect.

Banking 40
article thumbnail

Averting turbulence in the air

CIO

First, in-flight real-time payments are not 3DS secure—meaning, the card brands (Visa, MasterCard, America Express, Discover Financial Services, China UnionPay, and JCB International) or banks cannot verify the identity of the payer. Full-service carriers often choose to develop their own IBE as part of their in-house operation.

Airline 325