GeekWire

FEBRUARY 28, 2023

(Archway Photo) Key Takeaways Archway , spun out of Washington Federal (WaFd), provides digital banking infrastructure to regional banks. The Seattle-area startup raised $15 million in a round co-led by WaFd Bank and Madrona Venture Group. The goal is to help community banks stay competitive with giants like J.P

Banking 114

Banking Development Software Software 114

CIO Business Intelligence

JULY 20, 2023

Quick loan approvals, online applications, personalized lending options, and massive data breaches create pressure for banks to focus on customer experience and security to compete with more technically mature and agile competition. Security and privacy. Conducted by Quadrant Strategies for Iron Mountain.

Banking 98

Banking Security Artificial Intelligence Research 98

CIO Business Intelligence

FEBRUARY 5, 2024

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 119

Banking Oracle Financial Cloud 119

CIO Business Intelligence

OCTOBER 20, 2023

With the power of real-time data and artificial intelligence (AI), new online tools accelerate, simplify, and enrich insights for better decision-making. 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.

Financial 131

Financial Banking Google Artificial Intelligence 131

CIO Business Intelligence

APRIL 28, 2023

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines.

Banking 141

Banking Data Financial Software Development 141

CIO Business Intelligence

AUGUST 5, 2022

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. For Emmanuel Morka, CIO at Access Bank Ghana, open banking is the future and enterprises should seize on the opportunity.

Banking 119

Banking System Data Guidelines 119

CIO Business Intelligence

MARCH 26, 2024

With the goal to enhance intelligence in the digital banking arena, Huawei has unveiled a new framework to bolster infrastructure resilience. Mr. Cao elaborated that it taps into large artificial intelligence (AI) models to visualise correlations as well as changes to networks, traffic and applications in real time.

Banking 59

Banking Strategy Disaster Recovery Financial 59

The Accidental Successful CIO

SEPTEMBER 22, 2021

The person with the CIO job understands that the future belongs to artificial intelligence (AI). However, at banks, insurers and other financial companies their use of artificial intelligence is being especially hampered by a scarcity of data and talent. is talking with banks about offering checking accounts.

Artificial Intelligence 245

Artificial Intelligence Banking Financial Training 245

CIO Business Intelligence

MARCH 13, 2023

While banking and finance organizations have aggressively moved workloads and apps to the cloud to meet changing customer needs, some remain hesitant to tackle modernization of core infrastructure and systems, fearing a disruption to the business. They need to move quickly, and at scale.”

Banking 52

Banking Cloud Company Financial 52

CIO Business Intelligence

FEBRUARY 10, 2023

User experiences become critical in a hyper-connected, intelligent world Broadcom believes people will have higher expectations for exceptional digital experiences across a wide range of devices and applications in 2023 and beyond. Different applications have different access-granting or -restricting policies.

Trends 122

Trends Artificial Intelligence Wireless Applications 122

The Accidental Successful CIO

SEPTEMBER 21, 2022

People with the CIO job at banks, insurers and other financial companies say efforts to expand their use of artificial intelligence are being hampered by a scarcity of both data and employees with the skills that are needed. CIOs have seen the future and the future includes artificial intelligence (AI). In the U.S.,

Artificial Intelligence 130

Artificial Intelligence Banking Financial Programming 130

The Investing Edge

JUNE 23, 2016

There’s no denying that machine learning and artificial intelligence (AI) are invading the enterprise at warp speed. Or in other words, how is artificial intelligence invading the enterprise? It is whatever data you are going to use for a specific instance – data that is applicable to your situation,” added Jana Eggers.

Artificial Intelligence 70

Artificial Intelligence B2B Enterprise Enterprise 70

CIO Business Intelligence

APRIL 30, 2024

The European Parliament voted in mid-March to approve the EU AI Act , the world’s first major piece of legislation that would regulate the use and deployment of artificial intelligence applications. Artificial Intelligence, Compliance, Government, Regulation What’s in the legislation?

Artificial Intelligence 113

Artificial Intelligence System Government Data 113

CIO Business Intelligence

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. AI-enabled smartphones, those containing chips powerful enough to run AI applications, are already coming to the market.

Survey 130

Survey Fractional CTO Training Artificial Intelligence 130

CIO Business Intelligence

APRIL 17, 2023

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses. The stakes for financial organizations are growing as well.

Financial 105

Financial Microsoft Cloud Banking 105

CIO Business Intelligence

DECEMBER 7, 2023

Over the last year, generative AI—a form of artificial intelligence that can compose original text, images, computer code, and other content—has gone from experimental curiosity to a tech revolution that could be one of the biggest business disruptors of our generation. Artificial Intelligence

Insurance 89

Insurance Artificial Intelligence Training Applications 89

CIO Business Intelligence

MARCH 24, 2022

I’m a banking technologist,” says the CIO for retail, business, and digital banking at M&T Bank. He’s doing just that on the bank’s IBM Z system mainframes, for which the bank has written some 10 million lines of code over the years. The bank’s use of its mainframes is two-pronged. M&T Bank.

IBM 144

IBM Banking Linux Open Source 144

CIO Business Intelligence

AUGUST 1, 2023

Artificial Intelligence, Enterprise Applications, Generative AI In contrast, manufacturing-based industries, such as aerospace, automotive, and advanced electronics could experience less disruptive effects due to limitations of the new technology’s usage in these industries as most work requires physical labor, the report said.

Enterprise 98

Enterprise Enterprise Artificial Intelligence Pharmaceuticals 98

GeekWire

OCTOBER 17, 2023

He joined the bank from Amazon in 2018. The nation’s largest bank has benefitted in part from greater availability of engineering talent in the region over the past year as Amazon, Microsoft, and other tech companies have cut jobs. “We are seeing more candidates applying to JPMC from other big companies.

Industry 78

Industry Engineering Banking Artificial Intelligence 78

CIO Business Intelligence

MARCH 21, 2024

We are already seeing this (combination of the AI roles) happening now in India,” Addagada said, giving the examples of HDFC Bank, Axis Bank, ICICI Bank, and Bandhan Bank. Artificial Intelligence, Chief Digital Officer, IT Leadership

Data 64

Data CTO Hire Artificial Intelligence Banking 64

Forrester IT

AUGUST 29, 2019

Both Kony and Temenos are Leaders in the recent Forrester Wave: Digital Banking Engagement Platforms Q3 2019. Kony DBX is a digital banking engagement platform (DBEP), a […]. Yesterday Temenos announced its acquisition of US vendor Kony.

Banking 312

Banking Development Artificial Intelligence Financial 312

CIO Business Intelligence

FEBRUARY 16, 2024

But things have gotten a little more complicated now, as the large-scale roll-out of generative artificial intelligence (GenAI) has introduced the need for a multidisciplinary approach to innovation. Artificial Intelligence This is a challenge for many CIOs.

Artificial Intelligence 138

Artificial Intelligence Strategy Cloud Data 138

CIO Business Intelligence

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. There’s no way they’ll let the rest of the world in on that.”

Enterprise 129

Enterprise Enterprise Banking Software Development 129

Venture Beast

JULY 15, 2021

Panelists from Google and Bank of America discuss how conversational AI came into play during the pandemic during Transform 2021. Read More.

Applications 111

Applications Banking Google Artificial Intelligence 111

Gizmodo

OCTOBER 14, 2021

Criminals appear to have stolen some $35 million from a United Arab Emirates bank with the help of AI-enhanced voice simulation, according to a new report from Forbes. The “deepfaked” vocals were used to fool a bank employee into thinking he was handing over the cash on behalf of a legitimate business transaction… Read more.

Banking 62

Banking Report Artificial Intelligence Financial 62

CIO Business Intelligence

NOVEMBER 27, 2023

Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. Don’t reinvent the wheel—start with a foundation model A business could invest in developing its own models for its unique applications.

Intel 132

Intel Open Source Training Dell 132

CIO Business Intelligence

SEPTEMBER 8, 2023

Ethical considerations differ across industries like healthcare, banking, and education. For instance, it might be helpful for students to share work to achieve learning outcomes, but it’s illegal for a bank to share stock transactions from one customer to other groups. Learn how DataStax powers generative AI applications.

Government 126

Government Training Banking Artificial Intelligence 126

CIO Business Intelligence

JUNE 13, 2022

Today, most banks, insurance companies, and other kinds of financial services firms have deployed natural language processing (NLP) tools to address some of their customer service needs. Financial services firms all over the globe are investing heavily in artificial intelligence (AI). The rise of chatbots… and their weaknesses.

Financial 105

Financial Company Dell Artificial Intelligence 105

CIO Business Intelligence

FEBRUARY 26, 2024

Here, in an extract from his book, AI for Business: A practical guide for business leaders to extract value from Artificial Intelligence , Peter Verster, founder of Northell Partners, a UK data and AI solutions consultancy, explains four of them. Artificial Intelligence, CIO, Digital Transformation, IT Leadership, IT Management

Agile 126

Agile Artificial Intelligence Energy Project Management 126

CIO Business Intelligence

JUNE 7, 2022

Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research. The same study estimated that chatbots would lead to $1.3 Just starting out with analytics?

Financial 98

Financial Artificial Intelligence Intel Banking 98

CIO Business Intelligence

APRIL 29, 2024

The incident involved scammers who, using publicly available videos and audio from YouTube of targeted senior executives, created deepfake representations to deceive a finance employee into executing multiple transactions to bank accounts in Hong Kong, resulting in significant financial damage to the company.

Social 78

Social Financial Artificial Intelligence Media 78

CIO Business Intelligence

JULY 10, 2023

The most powerful applications of AI help organizations do more with less without compromising – rather in many cases enhancing – their customer experience, from AI-powered bots that accelerate problem resolution to AI digital co-workers that supercharge agent performance. Our advice: start with small-scale, attainable applications (e.g.

Examples 75

Examples Study Authentication Artificial Intelligence 75

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently. The company, which reported net revenues of $3.6

Financial 116

Financial Banking CTO Applications 116

CIO Business Intelligence

APRIL 4, 2024

To be successful, an AI proof of concept (PoC) project also needs to make good business sense, says CIO Vikram Nafde, CIO at Connecticut-based Webster Bank. Webster Bank is following a similar strategy. “We want to maintain discipline and go deep.” This enables the team to prioritize and resolve the most critical issue faster.

Enterprise 134

Enterprise Enterprise Banking Strategy 134

Dataconomy

SEPTEMBER 19, 2023

Artificial Intelligence (AI) and healthcare has been on a meteoric rise, and our analysis of Google search data from 2020 to 2023 reveals an astonishing surge in public interest. Similarly, AI’s presence in gaming, banking, and education expanded by 173.6%, 22.2%, and an astonishing 516.7%, respectively.

Healthcare 81

Healthcare Artificial Intelligence Education Trends 81

CIO Business Intelligence

DECEMBER 13, 2023

The evolution of AI and the use of structured and unstructured data When discriminative AI rose to prominence in sectors such as banking, healthcare, retail, and manufacturing, it was primarily trained on and used to analyze, classify, or make predictions about unstructured data. Artificial Intelligence

Data 98

Data Training Healthcare Video 98

CIO Business Intelligence

AUGUST 30, 2023

As an example, the consultancy refers to how generative AI technology could potentially add $200 – $400 billion in added annual value to the banking industry if full implementation moves ahead on various use cases. Artificial Intelligence, Generative AI Stay tuned!

Enterprise 132

Enterprise Enterprise Artificial Intelligence Government 132