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

OCTOBER 31, 2023

It’s no secret that banks and fintech companies must meet compliance and regulatory standards that are much stricter than what traditional tech companies are forced to comply with. Visit Discover Technology to learn how Discover developers approach application development.

Company 140

Company SDLC Meeting Banking 140

CIO Business Intelligence

APRIL 11, 2024

This continued emergence of cloud environments has greatly affected application development and their associated security architectures. Organised by DWTC and hosted by UAE Cyber Security Council, the upcoming GISEC Global 2024 exhibition is a testament to the UAE’s prioritisation of collaboration, innovation, and talent development.

Industry 121

Industry Devops Applications Cloud 121

CIO Business Intelligence

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 83

Banking Training Disaster Recovery Data 83

CIO Business Intelligence

DECEMBER 20, 2023

Albeit emerging recently, the potential applications of GenAI for businesses are significant and wide-ranging. Generative AI can help businesses achieve faster development in two main areas: low/no-code application development and mainframe modernisation. percent of the working hours in the US economy.

Applications 118

Applications IBM Development Programming 118

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. To deal with the talent shortage, CIO are ramping up training their employees in AI and other capabilities.

Artificial Intelligence 130

Artificial Intelligence Banking Financial Programming 130

GeekWire

JULY 13, 2021

Four Seattle startups have won a slot in a financial technology incubator run by banking company BECU and CoMotion, the innovation arm of the University of Washington. The year-long program provides support, training, mentorship and space to fintech innovators in the Seattle region, which has a growing fintech ecosystem.

Meeting 139

Meeting Banking Authentication Programming 139

CIO Business Intelligence

SEPTEMBER 8, 2023

Arriving at this shared understanding might require AI and/or digital literacy training. During this training, it’s also important to explain the limitations of AI. Ethical considerations differ across industries like healthcare, banking, and education. Learn how DataStax powers generative AI applications.

Government 119

Government Training Banking Artificial Intelligence 119

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. What’s hiding in your unstructured data?

Data 95

Data Training Healthcare Video 95

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.” We have a ton of data and two-thirds of it is unstructured,” says Srivastava.

Enterprise 128

Enterprise Enterprise Banking Strategy 128

CIO Business Intelligence

OCTOBER 20, 2022

Vishing: Voice over IP (VoIP) and Plain Old Telephone Services (POTS) are also susceptible to phishing attacks – attackers use speech synthesis software and automated calls to solicit victims to share bank details and login credentials. Deploy email authentication standards on enterprise email servers to check and verify inbound emails.

Training 139

Training Banking Social Security 139

CIO Business Intelligence

MARCH 24, 2023

For financial institutions, it can transform the way they offer services and training, making them more convenient, engaging, accessible and inclusive.” Metaverse applications are developing quickly. According to  Gartner , 25% of people will spend at least an hour in the metaverse by 2026.

Financial 56

Financial Microsoft Cloud Banking 56

Dataconomy

APRIL 4, 2024

A comprehensive solution that stands out for its effectiveness in safeguarding application development is found through a cloud-native Application Security (AppSec) platform. Fortunately, these types of social media overshares can be guarded against through meticulous training. Featured image credit : Pexels/Pixabay

Security 37

Security How To Training Social 37

Eric D. Brown

MARCH 5, 2024

But to harness these benefits, we must first demystify AI, peeling back the layers to understand its mechanisms, applications, and how it can be integrated into your business model for tangible results. This capability is valuable across a wide range of applications. At its core, machine learning is like educating a child.

Artificial Intelligence 130

Artificial Intelligence Strategy Applications Examples 130

CIO Business Intelligence

DECEMBER 7, 2023

In fact, our team has been working with generative and conversational AI in complex professional services applications like insurance, banking, and healthcare for the better part of a decade, and we’ve learned some important lessons along the way. Where will the biggest transformation occur first?

Insurance 62

Insurance Artificial Intelligence Training Applications 62

CIO Business Intelligence

AUGUST 17, 2023

Committed to increasing the velocity of cash in the economy, they also offer other cash management services such as banking automation, card personalization, IoT monitoring solutions, as well as security and analytics to their clients, making them the number one cash management company in the country, leaving their competition in the dust.

System 88

System Banking Security Network 88

CIO Business Intelligence

NOVEMBER 13, 2023

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. Compare that to others who, 31% of, restrict such endeavors to a one-to-two-year interval.

Security 105

Security Survey Training Education 105

CIO Business Intelligence

FEBRUARY 23, 2024

This continued emergence of cloud environments has greatly affected application development and their associated security architectures. Cloud environments by their nature often consist of rapid DevOps cycles eliminating the need for application developers to adequately maintain secure applications.

Financial 93

Financial Resources Security Cloud 93

SecureWorld News

JULY 31, 2023

Web applications have become an integral part of our daily lives, facilitating everything from online banking to social networking. However, as these applications handle sensitive user data, they have also become attractive targets for cybercriminals seeking unauthorized access or manipulation of personal information.

Data 81

Data Applications Security Authentication 81

Eric D. Brown

MARCH 5, 2024

But to harness these benefits, we must first demystify AI, peeling back the layers to understand its mechanisms, applications, and how it can be integrated into your business model for tangible results. This capability is valuable across a wide range of applications. At its core, machine learning is like educating a child.

Artificial Intelligence 100

Artificial Intelligence Strategy Data Applications 100

CIO Business Intelligence

OCTOBER 7, 2022

External applications such as forecasting tools, accounts payable (AP) processing and approval management all allow for huge savings in time and offer improved technology solutions. It’s possible to integrate bank accounts and have daily transaction feeds, saving your team yet another job of importing and matching bank data.

Financial 95

Financial Education Banking Web Services 95

The Accidental Successful CIO

AUGUST 31, 2022

Most people with the CIO job view the applications that the company uses to run its business as being their responsibility. In the ensuing legal action as Citi tried to recoup the money, the bank shared images from its software. The reason that the mistake was made was because the user interface for the application is hard to use.

Oracle 130

Oracle Software Software Applications 130

SecureWorld News

AUGUST 8, 2022

The top malware strains in 2021 included remote access Trojans (RATs), banking Trojans, information stealers, and ransomware. Its developers continue to add new functionality, including obfuscation capabilities and targeting additional applications for credential stealing. Provide end-user awareness and training. Enforce MFA.

Malware 79

Malware Banking Healthcare Spyware 79

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. Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023.

Financial 86

Financial Company Dell Artificial Intelligence 86

CIO Business Intelligence

MAY 23, 2022

Azure represents roughly 70% of McDermott’s cloud load with the remaining data running in SaaS applications on AWS or on premises for engineering applications that require low latency, he says. How do I train my employees in all the new technologies coming?” We’re very hybrid,” Dave says. Fueling innovation with data.

Business Transformation 101

Business Transformation Data Engineering Cloud 101

CIO Business Intelligence

SEPTEMBER 14, 2022

It also maintains and manages compliance via the consistent application of policies and controls, as well as threat management across the network, endpoints, and applications. This includes data and application protections, cloud and network security, and digital identity services to ensure secure digital transactions and interactions.

Security 87

Security Policies Exercises Applications 87

CIO Business Intelligence

JANUARY 29, 2024

In lieu of integrating and customizing off-the-shelf enterprise applications such as Salesforce or SAP, Power Home Remodeling has constructed its own proprietary NITRO platform used to run and optimize all aspects of the business and customer experience.

CTO Hire 120

CTO Hire Insurance CTO Banking 120

CIO Business Intelligence

JANUARY 5, 2023

Low-code/no-code visual programming tools promise to radically simplify and speed up application development by allowing business users to create new applications using drag and drop interfaces, reducing the workload on hard-to-find professional developers. So there’s a lot in the plus column, but there are reasons to be cautious, too.

Tools 120

Tools Applications CTO Development 120

The Verge

OCTOBER 15, 2021

Face Pay requires metro riders to upload a photo and connect their bank and metro cards to the Mosmetro mobile app. With everything uploaded, all you need to do is look at the camera posted above the turnstiles to make it in time for your next train. That hasn’t convinced Russian privacy advocates, though.

System 116

System Transportation Government Banking 116

CIO Business Intelligence

JULY 18, 2023

Investor exuberance waned later that week, dropping the chip designer out of the trillion-dollar club in short order, just as former members Meta and Tesla had fallen before it, but it was soon back in the club, and in mid-June, investment bank Morgan Stanley forecast Nvidia’s value could continue to rise another 15% before the year is out.

Company 96

Company Pharmaceuticals 3D Artificial Intelligence 96

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. In a recent post, McKinsey noted that generative AI is expected to have a “ significant impact across all industry sectors.”

Enterprise 127

Enterprise Enterprise Artificial Intelligence Government 127

CIO Business Intelligence

FEBRUARY 16, 2024

Developing a data-led strategy The first, and most critical step in the process is accessing, integrating, and curating the underlying data that will be used to train and power AI models. Most of the CSPs are willing to invest in the CIO’s modernization efforts that are coupled with data center exits or application migration efforts.

Artificial Intelligence 128

Artificial Intelligence Strategy Cloud Data 128

CIO Business Intelligence

NOVEMBER 16, 2023

But there’s a problem with it — you can never be sure if the information you upload won’t be used to train the next generation of the model. It’s all about employee training,” he says, “and making sure they understand what they need to do, and they’re well trained on data security.” Dig Security isn’t alone.

Open Source 132

Open Source Training Enterprise Enterprise 132

GeekWire

FEBRUARY 2, 2023

Gorham previously spent four years at JP Morgan, where she supported the launch of its early-stage tech banking team in Seattle and was part of a broader team focused on AI, machine learning, space tech and robotic companies. (Flying Fish Photo) — Seattle venture capital firm Flying Fish Partners hired Heather Gorham as principal.

Engineering 81

Engineering Healthcare Resources Artificial Intelligence 81

CTOvision

JUNE 10, 2014

The term “deep learning” refers to the method of training multi-layered neural networks, and became popular after papers by Geoffrey Hinton and his co-workers which showed a fast way to train such networks. Deep Learning: Methods and Applications book (134 pages) from the Microsoft Speech Group.

Course 258

Course Software Software Big Data 258

CIO Business Intelligence

SEPTEMBER 12, 2022

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. When people are trained to have an innovative mindset, the process of innovation can yield positive results, says Marchand.

How To 126

How To Banking Applications Real Estate 126

CIO Business Intelligence

MARCH 8, 2023

Enterprises driving toward data-first modernization need to determine the optimal multicloud strategy, starting with which applications and data are best suited to migrate to cloud and what should remain in the core and at the edge. A hybrid approach is clearly established as the optimal operating model of choice.

Cloud 77

Cloud Applications Quality Assurance Data Center 77