SecureWorld News

MARCH 28, 2024

Department of Treasury on March 27th released a report titled "Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector." The report highlights the growing concern around artificial intelligence (AI) and its potential to introduce new cybersecurity threats to the financial industry.

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CIO Business Intelligence

JANUARY 4, 2024

Financial institutions must ensure the protection of sensitive personal information, most commonly payment card data, to maintain, trust and meet various regulatory requirements. The Payment Card Industry Data Security Standard (PCI DSS) is a crucial framework to which financial institutions must adhere.

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Financial Architecture Resources Security 105

Forrester IT

MARCH 22, 2022

We’ve been diving deep into a number of topics that financial services executives and their teams care about (or should care about). A crop of fintech startups and large financial providers are investing in embedded finance — in which financial products and […].

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CIO Business Intelligence

NOVEMBER 8, 2023

That’s where EVP and CIO Kathy Kay found herself in coming to Principal Financial Group from PG&E in May 2020 with a desire to lead an aggressive plan to adopt digital technologies, ranging from the cloud to AI.

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Forrester IT

AUGUST 15, 2019

While it’s still early days, the shift toward autonomous services is already happening in financial services thanks to evolving customer expectations, advances in AI and other […].

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SecureWorld News

NOVEMBER 14, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) took a significant step toward strengthening cybersecurity defenses across the financial sector by finalizing amendments to Part 500 of its cybersecurity regulations. 15, at the Marriott Marquis Times Square. 15, at the Marriott Marquis Times Square.

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Forrester IT

MAY 5, 2020

Connecting them all lies at the hands of the developer, a role with increasing power in an organization. Developer engagement builds long-term bridges between a firm […]. Digital technology is enabling unprecedented connection between people, companies, and devices.

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SecureWorld News

DECEMBER 4, 2023

Fidelity National Financial (FNF), one of the largest title insurance providers in the United States, announced on November 21 that it fell victim to a sophisticated cyberattack. If consumers believe that their personal and financial information is not secure, they may be hesitant to engage in real estate transactions.

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Forrester IT

MARCH 1, 2023

On that day, India’s Prime Minister tweeted, “This year’s Budget infuses new energy to India’s development trajectory”. I looked at the Budget 2023 that India’s Finance Minister presented on Feb 1st 2023. I find that he was not far off the mark.

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TechSpot

APRIL 26, 2024

Attacks have been observed on a bank in Senegal, a financial services company in Chile, a tax firm in Colombia, and a government economic agency in Argentina using strains of malware that were later used in Europe and North America, writes cybersecurity firm Performanta (via Ars Technica). Read Entire Article

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CIO Business Intelligence

SEPTEMBER 7, 2023

At Discover® Financial Services, it lies at the heart of the company’s business goals and growth. Innovation is about modernization, it’s about optimization,” said Dan Gisolfi, Distinguished Engineer, Head of Innovation and Intellectual Property at Discover Financial Services. Innovation has a different meaning for every organization.

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Financial Open Source Engineering Programming 97

CIO Business Intelligence

OCTOBER 25, 2022

The move to digital business has wrought profound changes in certain industries, and financial services is one of them. Not only are traditional financial services companies using data and technology to change the game, a plethora of “FinTech” startups are using digital products to dislodge traditional players.

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Financial Data Insurance Industry 119

Dataconomy

JULY 26, 2023

The development of banking and financial software is essential to the banking sector’s digital transformation. Banks and other financial organizations may simplify operations, boost security, and provide clients with better services thanks to these software solutions.

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Software Development Banking Financial Software 36

CIO Business Intelligence

MARCH 12, 2024

Generative AI is already having an impact on multiple areas of IT, most notably in software development. Still, gen AI for software development is in the nascent stages, so technology leaders and software teams can expect to encounter bumps in the road.

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GeekWire

OCTOBER 17, 2023

(PhysicianonFire Photos) Seattle tech vets Nirav Shah and Jorge Sanchez paid around $1 million to buy a majority stake in financial planning website PhysicianonFire and plan to broaden the platform’s offerings by launching a suite of new personal financial management tools. or “financial independence, retire early.”

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TechSpot

OCTOBER 31, 2023

The FTC's Safeguards Rule mandates that "non-banking" financial institutions must securely manage and store their customers' information.

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Financial Security Banking Report 113

CIO Business Intelligence

OCTOBER 20, 2023

By Jude Sheeran, EMEA managing director at DataStax When making financial decisions, businesses and consumers benefit from access to accurate, timely, and complete information. Learn more about how Bud unlocks AI-driven insights for financial institutions. Here are the top six key takeaways from Bud’s overall approach: 1.

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CIO Business Intelligence

AUGUST 23, 2023

If there’s an industry steeped in computations, it’s the financial services sector. Optimization problems, for which a whole chorus of variables must be fine-tuned and modulated, routinely plague financial firms, especially when it comes to highly engineered financial products such as those developed through quantitative analysis.

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Computerworld Vertical IT

OCTOBER 11, 2023

The implicit bias of present-day generative AI models make their rapid adoption in the financial sector hazardous, according to a report by a financial technology expert working for the Bank of England. To read this article in full, please click here

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TechSpot

FEBRUARY 3, 2023

A month after the first commercial release of Dwarf Fortress, the game's developer revealed this week that it earned $7.23 million in sales. According to Bay 12 Games' comparison, the number eclipses returns from the previous four months by two decimal points. Read Entire Article

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GeekWire

APRIL 25, 2024

This is the second quarterly report from Microsoft that included the effects of its record-setting acquisition of the formerly independent game developer Activision Blizzard King. Without Activision’s software lineup on its side, the financial story might’ve been much worse for Xbox.

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TechSpot

JANUARY 12, 2023

It was back in July when Ubisoft announced the cancelation of four in-development games, including Splinter Cell VR and Tom Clancy's Ghost Recon Frontline. Three more unannounced titles are joining the discarded pile, bringing the total to an expensive seven cancelations in one financial year.

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ComputerWorld IT Management

OCTOBER 11, 2023

The implicit bias of present-day generative AI models make their rapid adoption in the financial sector hazardous, according to a report by a financial technology expert working for the Bank of England. To read this article in full, please click here

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GeekWire

JUNE 2, 2023

LinkedIn Photo) A new startup wants to make financial analysts more efficient with its chatbot tool that uses artificial intelligence to search publicly available business filings and answer research questions in natural language. Euclidean Photo) The startup is developing a ChatGPT-like interface. Finpilot CEO Lakshay Chauhan.

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Venture Beast

JANUARY 13, 2022

Shield, a startup developing software to monitor communications of employees at financial institutions, has raised $15 million in capital. Read More.

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Financial Industry Software Software 98

Forrester IT

JUNE 17, 2016

The race to digital is heating up in financial services (FS) organizations; increasingly, the engine making this happen is Agile. Quite simply, it is software that makes any financial business truly digital. agile software development. financial services. If the answer is yes, don't! continuous delivery. waterfall.

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CIO Business Intelligence

DECEMBER 11, 2023

Now, it’s time to pay for it, and that’s putting a spotlight squarely on the chief financial officer (CFO), who has increasingly become the gatekeeper deciding which projects get funded and how significantly AI will play a role in enterprise strategy. For the CFOs at the center of that transformation, the stakes are higher than ever.

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GeekWire

FEBRUARY 28, 2023

From left: President Dustin Hubbard, Developer Kateryna Masiuk, Production Support Vlad Vasic, Automation Tester Varsha Chaurasia, Solutions Architects Sreedhar Pamidiparthi and Prasad Mandadapu, Technical Product Manager Victoria Kruse, and Developer Clint Bush. The idea was to help develop and deploy new software at a faster rate.

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Banking Development Software Software 124

TechSpot

APRIL 24, 2023

According to Financial Times sources, Arm is developing a prototype chip to demonstrate the potential of its designs. The new project could be one of owner SoftBank's efforts to increase the company's profits. Read Entire Article

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ForAllSecure

JANUARY 31, 2023

On October 3, 2022, the Federal Financial Institutions Examination Council's ( FFIEC ) updated its 2018 Cybersecurity Resource Guide for Financial Institutions. Additionally, the Council collects consumer financial data from these institutions and makes it available to aid in risk management, consumer protection and policy making.

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Guidelines Financial Handbook Banking 52

CIO Business Intelligence

SEPTEMBER 1, 2023

Developers are hired for their coding skills, but often spend too much time on information-finding, setup tasks, and manual processes. To combat wasted time and effort, Discover® Financial Services championed a few initiatives to help developers get back to what they do best: developing. The result?

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Dataconomy

APRIL 5, 2024

Creating apps for startups is primarily the carefully thought-out tasks that make up the software development process. Let’s take a closer look at the key stages of software development for startups. The main stages of the software development life cycle include: 1. Idea Any software development starts with an idea.

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Software Development Software Software Development 78

CIO Business Intelligence

JUNE 7, 2022

By David Andrzejek, Head of Financial Services, DataStax. While enterprises in all sectors of the economy will compete with data, the effective capture and use of data in information-intensive sectors like online services, banking, and financial services is especially critical and will separate winners from losers.

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Financial Data Banking Agile 98

CIO Business Intelligence

JUNE 7, 2022

Chatbots are just one application of natural language processing (NLP), a type of artificial intelligence (AI) that is already having a major impact in financial services, among other industries. . The Financial Services industry is projected to be a major source of this spending. by 2025, according to IDC. NLP will account for $35.1

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Dataconomy

MARCH 26, 2024

The top 50 open-source startups, originating from 17 countries, show significant financial growth and community engagement. A recent publication emphasizes the increasing demand for startups dedicated to developing open-source tools and technologies in the rapidly growing field of artificial intelligence.

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Dataconomy

SEPTEMBER 12, 2023

• Quick take: Ant Group aims to redefine financial advising and insurance services with the introduction of a specialized Large Language Model (LLM) and its customer-centric app, Zhixiaobao 2.0. are designed to provide targeted, highly accurate advice to both financial professionals and everyday consumers. Zhixiaobao 2.0

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