What CIOs Can Learn From Bank of America’s Trip Into The Cloud

The Accidental Successful CIO

Bank Of America is slowly moving into the cloud Image Credit: Mike Mozart. Just imagine if you were David Rilly, chief technology officer at Bank of America. Let’s face it, if you were the person with the CIO job at a major American bank, then you would have a lot going on.

Banks Have A Variety Of Islamic Banking Platforms To Choose From

Forrester IT

The World Bank explains Islamic finance as "equity-based, asset-backed, ethical, sustainable, environmentally and socially responsible finance." Islamic banking. banking. banking platform transformation. banking platforms.

Trending Sources

World Bank and GSA Discuss Data Center Optimization and Consolidation 9 June

CTOvision

Join Frank Butler of The World Bank and Dan Pomeroy of the GSA on 9 June at the Tower Club in Tysons Corner for a discussion of how they and their teams optimized and consolidated their data centers, resulting in increased efficiency and lower costs. Frank Butler will kick off the discussion by describing how the World Bank optimized and consolidated their data centers, resulting in significant savings for the organization. Charles Hall.

Challenger bank Starling gets UK banking licence

Computer Weekly

Starling Bank, which will offer smartphone-based current accounts, has been given a UK banking licence

IBM and Credit Mutuel Arkea beat banking legacy with blockchain

Computer Weekly

French bank explains what working with IBM on blockchain ledger technology means for customer identification

Commercial Bank of Dubai to launch digital-only bank

Computer Weekly

Dubai bank is set to launch a digital-only bank that will be based on mobile phones

A decade of IT change since banking meltdown

Computer Weekly

With 10 years passing since Northern Rock had to be bailed out by the government, we look at how banking IT has changed since the financial crisis

Starling Bank opens API with hackathon

Computer Weekly

Challenger bank Starling opens its API up to developers in hackathon at Google’s London Campus

Blockchain can cut investment bank infrastructure costs by 30%

Computer Weekly

Investment banks can make huge cuts to their IT infrastructure costs through blockchain, according to analysis

Update On The Megatrend of Cybersecurity

CTOvision

CTO Cyber Security News Trends -elect Alternative Investment Market Antivirus software Artificial intelligence Bank account Barclays Commission on Enhancing National Cybersecurity Computer security United States Department of Homeland Security White HouseBob Gourley.

Challenger bank Fidor adopts attack formation

Computer Weekly

Computer Weekly talks to the man behind the digital challenger bank recently acquired by French retail banking giant BPCE

Societe Generale Taps Amazon, Microsoft Clouds as Banks Target Costs

Data Center Knowledge

Bank plans to have 80 percent of its infrastructure on internal and external clouds by 2020 Read More. Amazon Cloud Computing Enterprise Microsoft

Hackers Breach 400,000 UniCredit Bank Accounts for Data

Data Center Knowledge

Cyberattacks on corporations and banks are accelerating. Read More. Security

Financial Conduct Authority concerned about cyber security of banks

Computer Weekly

The FCA expresses concern about the cyber security of banks after 9,000 Tesco Bank customers lost £2.5m in fraudulent transactions

Digital-only business bank gets regulatory approval

Computer Weekly

The latest challenger bank gets its regulatory approval and puts modern technology at the core of its offering

Singapore banks adopt voice biometrics for user authentication

Computer Weekly

Banks in Singapore are rolling out biometric technology to improve customer services by speeding up the authentication process

Banks suffer average of 85 attempted serious cyber attacks a year, and one-third are successful

Computer Weekly

Banks face daily cyber attacks, many of which succeed in stealing data, research finds

Australian bank implements cloud-based people management software

Computer Weekly

Digital bank chose software as a service when it wanted more from its HR systems

Lloyds bank staff will move to IBM in outsourcing deal

Computer Weekly

About 1,500 IT staff at Lloyds Banking Group will join IBM as part of an IT infrastructure outsourcing agreement

Lloyds Bank joins Swift blockchain proof-of-concept project

Computer Weekly

Twenty-eight banks collaborate in blockchain project that will enable the real-time management of accounts used to make cross-border payments

Post Office offers banking for all UK accounts as bank branch closures continue

Computer Weekly

Customers of all UK banks can receive branch services through the Post Office after a deal agreed last year takes effect

Over 100 Norwegian banks join forces in mobile payments

Computer Weekly

Nordic banks form an alliance on mobile payments and take over the Vipps platform

Join Cognitio, the World Bank and Nlyte 9 June in an Examination of Data Center Optimization Strategies and Best Practices

CTOvision

Hear from Frank Butler of The World Bank on how he and his team optimized and consolidated their data centers resulting in getting even more out of their operations. Bob Gourley. On 9 June 2016 Cognitio and Nlyte are hosting a data center optimization leadership breakfast that will feature a moderated exchange of real world lessons learned and best practices.

Half of banking customers now using fintech

Network World

Financial technology (fintech) products and services are picking up tremendous steam, particularly with younger, tech-savvy and affluent customers, according to the World FinTech Report 2017 (WFTR), recently released by Capgemini, LinkedIn and Efma (a global nonprofit organization composed of banks and insurance companies).

Tesco Bank partners with MasterCard to develop digital payments

Computer Weekly

Tesco’s retail bank has partnered with payment provider MasterCard to give customers more innovative digital payment methods

Dubai’s oldest bank is anything but archaic inside

Computer Weekly

The digital head of Mashreq, the UAE's oldest private bank, tells Computer Weekly about his role as half banker, half techie

Metro Bank moves IT infrastructure to cloud

Computer Weekly

Metro Bank moves its IT infrastructure to a private Rackspace cloud platform, which will allow it to keep up with the latest technologies and reduce costs

Santander bank to work with IBM developing mobile apps for staff

Computer Weekly

Santander bank wants to make its staff more productive through mobile apps, which it will create alongside IBM

Dutch bank ING to spend millions ‘disrupting’ its own business

Computer Weekly

Dutch bank ING used digital technology to reinvent itself following the financial crash, and is about to reinvent itself again, says its global CTO, Brendan Donovan

Interview: How Swedish bank prepared robot for customer services

Computer Weekly

SEB bank is currently integrating artificial intelligence into its customer services channels, following an internal trial of the technology

Cyber security scare stories could sharpen focus at banks

Computer Weekly

There are continual cyber attacks on banks, and although most are repelled, there is significant room for improvement

Update On The Megatrend of Bigdata

CTOvision

Big Data CTO News Trends Access control American Association for the Advancement of Science Artificial intelligence Barclays Investment Bank Behavior Blay Whitby Business Insider BuzzFeed Google IPhoneBob Gourley. There are seven key megatrends driving the future of enterprise IT.

Russian banks hit by IoT-enabled DDoS attacks

Computer Weekly

DDoS attacks on Russian banks have been linked to IoT botnets, further confirming this worrying trend and highlighting the need for IoT suppliers to improve security capabilties