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Success Of New-School Vendors Shows That Lean Core Banking Is Finally Here

Forrester IT

Modern banking platforms allow banks to elevate their customer experience and deliver more business value more seamlessly and more effectively. Banks and their technology teams can leverage market dynamics to make digital transformation more feasible both architecturally and economically.

Banking 195
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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. 5G aids customer service. 5G aids customer service.

Banking 145
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Banking on customer experience and security via technology-based innovation

CIO Business Intelligence

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
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Broadcom: 2023 Tech Trends That Transform IT

CIO Business Intelligence

At Broadcom, we see challenges companies face first-hand, and in turn how technology trends impact the world’s largest companies. Employees expect consumer-friendly interfaces and continuous uptime even as they use business critical applications. Different applications have different access-granting or -restricting policies.

Trends 119
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Bots and beyond: How the AI revolution is shifting the paradigm for customer experience in smart banking

CIO Business Intelligence

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 98
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7 cloud market trends and how they will impact IT

CIO Business Intelligence

The frenzy created by the public release of OpenAI’s ChatGPT has triggered an arms race among hyperscalers to differentiate themselves by developing their own large language models (LLMs), building platforms that enable enterprises to create generative AI applications, and integrating generative AI throughout their portfolios of service offerings.

Trends 144
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5 top ERP trends for 2022 — and their implications for IT leaders

CIO Business Intelligence

It is, therefore, imperative for a CIO to follow best practices for deploying an ERP solution and then keep a close watch on the trends shaping it going forward. Here’s a look at how the ERP category is evolving as an enterprise-wide solution and how these trends will impact IT leaders.

Trends 145