CIO

OCTOBER 20, 2023

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. Organizations must ensure their technology stack can handle immense data flow. In today’s business landscape, data volumes can explode rapidly.

Banking 821

Banking Information Due Diligence Innovation 821

CIO

MARCH 26, 2024

With the goal to enhance intelligence in the digital banking arena, Huawei has unveiled a new framework to bolster infrastructure resilience. In 2023, the number of cyber attacks on global banks increased by 520%, and the average service recovery time of financial institutions after ransomware attacks was 16.3

Banking 369

Banking Finance Algorithm Intelligence 369

CIO

SEPTEMBER 2, 2022

How has banking evolved during the rapid digitisation of recent years? Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. One example is Banking-as-a-Service, with the market expected to reach US$3.6

Banking 617

Banking Innovation Advantage Advantage 617

CIO

AUGUST 28, 2022

How has banking evolved during the rapid digitisation of recent years? Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. One example is Banking-as-a-Service, with the market expected to reach US$3.6

Banking 617

Banking Innovation Advantage Advantage 617

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 617

Banking Retail Security Security 617

CIO

AUGUST 29, 2023

IBM is an iconic American technology brand. Today, IBM is a global leader in hybrid cloud and AI, drawing from its vast technical resources and collaborative spirit to help organizations around the world accelerate their digital transformations and solve their most pressing business challenges.

Technology 616

Technology Technology Innovation Advantage 616

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 898

Banking Human Resources Finance Intelligence 898

CIO

AUGUST 19, 2022

Comedian John Oliver quipped that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about technology.” The great regulatory bureaucracy has awakened to the significance of blockchain-enabled technology, led by the SEC. . He missed another area of notorious confusion: the law.

Technology 781

Technology Technology Business Innovation 781

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.

Biotech 812

Biotech Banking Retail Innovation 812

CIO

APRIL 11, 2024

billion USD, countries like the UAE and Saudi Arabia continue to reduce their dependence on oil exports and are instead opting for digital tools and technologies. According to a report from Frost & Sullivan, the GCC cybersecurity industry continues to grow, with F&S estimating it to triple in value by 2030 to reach 13.4

Banking 829

Banking Globalization Security Security 829

CIO

MARCH 6, 2024

Technology specialist Salesforce reports that more than two-thirds of service professionals believe gen AI will help them serve their customers better, while Forrester expects it to give CX teams a huge boost through 2024. The technology speeds up the whole process,” he says. “An Customers don’t think in product terms.

Banking 822

Banking Technology Technology Knowledge 822

CIO

JANUARY 25, 2024

Healthcare: digital assistants for Dx and Rx The market for healthcare chatbots globally is projected to more than triple to $647 million by 2030, according to Vantage Market Research. Banking: bots to help both consumers and analysts Like healthcare, the banking sector is poised to nearly triple its chatbot investment by 2030, from $2.45

Banking 662

Banking Retail Market Research Marketing Research 662

CIO

MARCH 27, 2024

“It’s been known since the 1990s that a large-scale quantum computer will be able to break many of the crypto systems we rely on for security,” says Dustin Moody, leader of Post Quantum Cryptography (PQC) at the National Institute for Standards and Technology (NIST) in Maryland. The impact will be felt globally.

Algorithm 877

Algorithm Banking Retail Globalization 877

Smart Data Collective

JULY 20, 2021

Artificial intelligence has become a gamechanger in the banking industry in recent years. The global market for AI in Fintech was valued at nearly $8 billion last year. There are a number of reasons that AI is becoming an integral part of the banking industry. AI has made open banking possible.

Banking 334

Banking Algorithm Learning Analysis 334

CIO

APRIL 11, 2023

The financial services sector is undergoing rapid change as fintechs develop convenient, consumer-focused services that were once the province of traditional banks. Many established financial institutions have very good core business capabilities, but their technology platforms tend to be archaic and rigid.

Innovation 850

Innovation Banking Competitive Landscape Retail 850

CIO

APRIL 4, 2024

Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We Webster Bank is following a similar strategy. We want to maintain discipline and go deep.”

Banking 841

Banking Pharmaceutical Technology Technology 841

CIO

DECEMBER 27, 2023

So business technology leaders in financial services are carefully navigating a path toward AI. AI dominates discourse and headlines, but financial services technology leaders know there’s a lot of substance amid the noise. We’re seeing how fast this technology is maturing, so it’ll have a very different hype cycle.”

Banking 885

Banking Commerce Technology Technology 885

CIO

JANUARY 29, 2024

With IT increasingly driving new initiatives in concert with key business partners, there’s opportunity for technology leaders to nurture an organizational identity that keeps everyone razor-focused on digitally transforming the business in pursuit of strategic goals.

Business 804

Business IT Banking Globalization 804

CIO

APRIL 29, 2024

Still, a report surfaced earlier this month that global banks and investment firms are examining the possibility of replacing entry-level financial analyst positions with AI. CIOs should be “change agents” who “embrace the art of the possible,” he says. They need to have a culture of experimentation.”

Loss 813

Loss Banking Technology Technology 813

CIO

MARCH 21, 2024

Last year in September, market research firm IDC floated a quick survey globally sampling responses from 97 CIOs. A separate survey floated by Foundry in December last year, which polled 875 IT and business leaders globally, showed that 62 or 7% of the polled executives already had a CAIO. “In

Startups 405

Startups Banking Hospitals Globalization 405

CIO

OCTOBER 23, 2023

Its use of renewable energy, sustainable technologies, and recycling is common in homes and businesses throughout the country, as well as the neighboring Nordic region, making Norway a role model of environmental stewardship. Cegal , a Norwegian global IT services business, is a great example of this leadership.

Business 780

Business IT Finance Globalization 780

CIO

FEBRUARY 6, 2024

Postulka aspired to become a CIO — and he achieved it, landing a job as CIO and senior vice president of technology and operations at the Federal Reserve Bank of Boston. But in 2022, after two years at the bank, Postulka returned to Arbella as vice president and CIO.

IT 780

IT Banking Learning Technology 780

CIO

SEPTEMBER 14, 2023

Generative AI represents the next generation of this technology, and we are currently working on several ways we can effectively leverage it — both in our products and in our business.” As exchanges were modernizing, they looked at the cost benefit and realized it was better to buy Nasdaq’s technology,” Peterson says.

Banking 725

Banking Capital Innovation Value Chain 725

CIO

FEBRUARY 23, 2024

Legislative changes on a global scale have been a major challenge faced daily and it’s often exacerbated by the need to instantly change course and work towards compliance to avoid the often-hefty fines and penalties, legal liabilities and reputational damage associated with non-compliance. What should organizations do if they are hacked?

Intellectual Property 739

Intellectual Property Banking Human Resources Security 739

CIO

MARCH 14, 2024

As businesses digitally transform, technology is increasingly integrated into every activity, and the CIO is becoming more of a catalyst for data-driven value creation through analytics, new AI model training, software development, automation, vendor engagement, and more. The first step in this transformation was organizational.

Banking 575

Banking Technology Technology Innovation 575

CIO

AUGUST 1, 2023

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. This usage was highest in the technology sector, and among respondents from North America, the report showed.

Pharmaceutical 615

Pharmaceutical Banking Retail Education 615

CIO

FEBRUARY 10, 2023

At Broadcom, we see challenges companies face first-hand, and in turn how technology trends impact the world’s largest companies. AI-powered features are finding their way into every layer of technology that organizations use. We’re sharing the top 5 predictions that you should be planning for in 2023.

IT 765

IT Banking Gaming Security 765

CIO

MARCH 7, 2024

Greg Beltzer has been beta testing key generative AI technologies for the past six months and is eager to capitalize on them when released this spring. Now, thanks to advances and integrations, Beltzer is positioned to bank on Salesforce’s Einstein AI platform to build more sophisticated services — if regulators give the nod.

Banking 846

Banking Innovation Capital Advantage 846

CIO

MARCH 7, 2023

While the rise in salaries for technology roles has bode well for IT professionals, it has posed challenges for CIOs in effectively managing their budgets with the increased demand on their IT departments. “In We expect the situation to ease by October as the impact of the global layoffs will be felt by then. “We

IT 696

IT Travel Banking Innovation 696

CIO

NOVEMBER 6, 2023

When employees disengage from work — often called quiet quitting — it starts a ripple effect that can damage everything from their career trajectory to your team, company, and the global economy. And don’t just read the AI summary or data readout, says Laura Merling, chief transformation and operations officer at Arvest Bank.

Banking 835

Banking Globalization Learning Education 835

CIO

AUGUST 9, 2023

Jason Strle joins Discover as CIO Jason Strle, Discover Discover Discover Financial Services is a digital banking and payment services company that issues the Discover card and operates Discover Global Network, PULSE, and Diners Club International. Strle joins Discover from Wells Fargo and he held previous roles at JP Morgan Chase.

Hospitals 615

Hospitals Globalization Banking Retail 615

CIO

FEBRUARY 16, 2024

The real power of the technology is its ability to draw on disparate data sets and connect workflows. In banking and financial services applications, for example, GenAI solutions are being developed to analyze customer data, market data, economic trends, and more to help support highly personalized insights and guidance.

Innovation 864

Innovation Security Security Finance 864

CIO

MARCH 19, 2024

According to NTT DATA’s 2023 Global Employee Experience Trends Report , nearly 60% of employees around the world are now working remotely all or some of the time – and India is no exception. Our report reveals that more than 7 in 10 organizations globally are upgrading their meeting spaces with cloud enabled videoconferencing.

Globalization 432

Globalization Banking Security Security 432

CIO

MAY 17, 2023

The big picture : In the midst of a rush to technology modernization, it’s critical to ensure the organization’s data assets are not overlooked. Although most organizations want to modernize their technology, enable new capabilities, and/or reduce their technical debt , any number of “Murphy’s Law” moments can defer those efforts.

IT 688

IT Banking Innovation Technology 688

CIO

NOVEMBER 13, 2023

Mainframes are a critical piece of the technology infrastructure for countless enterprises. Whether it’s buying groceries, making a bank transfer, or booking a flight, the mainframe is powering how consumers interact with organizations and is behind millions of transactions that take place every day.

Security 778

Security Security IT Education 778

CIO

NOVEMBER 2, 2023

CEOs increasingly depend on technology as a central means of staking competitive positions, and that shift has made CIOs increasingly well-suited for the job. Consider Tim Buckley, at Vanguard; Tim Spence, at Fifth Third Bank; or Jason Buechel, at WholeFoods. To be sure, a small but growing group of CIOs have already made this jump.

Alliance 793

Alliance Competitive Positioning Technology Technology 793

CIO

SEPTEMBER 12, 2022

At Colgate, this has led to empowering teams to experiment with a global hackathon called Tech Challenge. Company leadership also creates space and time for employees to innovate by dedicating a team of people to explore emerging technologies, run experiments, and identify business applicability, Crowe says. Colgate-Palmolive.

Innovation 835

Innovation Brainstorming Startups Banking 835