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US Banks Must Get Ready For Open Banking Now

Forrester IT

Open banking is imminent in the US, and banks must prepare now to be ready for the CFPB's Personal Financial Data Rights rule.

Banking 451
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Unleashing the power of banks’ data with generative AI

CIO Business Intelligence

The implications of generative AI on business and society are widely documented, but the banking sector faces a set of unique opportunities and challenges when it comes to adoption. If banks are to put their faith in AI, then transparency will be key to building trust. This is a problem banking leaders are increasingly aware of.

Banking 122
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The Future Of Banking Has Arrived

Forrester IT

Forrester’s view on the future of banking is here – examining the changes that we expect to play out over the next decade of retail banking. The drivers of the future are evolutions of the past – some playing out now, others that will be far more prominent by 2025 and table stakes by 2030. […].

Banking 536
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After Retail Banking Now Banks Must Transform Their Corporate Banking!

Forrester IT

Digital transformation is coming to Corporate Banking. Corporate banking today is antiquated due to its highly customized and complex product offerings; lack of challengers to drive innovation; and strong barriers to switching for clients. Enterprise clients have lived with a sub-par experience for far too long.

Banking 365
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How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. In this white paper, we cover: The landscape of common AI use cases -- across every line of business and function in a bank.

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BofA Vendor Data Breach Amplifies Third-Party Risks

IT Toolbox

A Bank of America vendor suffered a data breach in November last year wherein the threat actors compromised tens of thousands of customers. The post BofA Vendor Data Breach Amplifies Third-Party Risks appeared first on Spiceworks.

Data 296
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DBS Bank followed four design principles when building their enterprise data platform

Forrester IT

I recently had the pleasure to talk with Siew Choo So, Group Head Consumer Banking Technology and Big Data/AI at DBS, on how the bank has set up their enterprise data platform to enable a data driven organization.

Banking 285
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Data Science Fails: Building AI You Can Trust

AI has the power to transform countless industries — including the healthcare, banking, insurance, and public service sectors, to name just a few — by introducing new efficiencies and revealing new opportunities for companies to solve problems. Download the report to gain insights including: How to watch for bias in AI.

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How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. In this white paper, we cover: The landscape of common AI use cases -- across every line of business and function in a bank.

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Online Banking Without Third-Party Cookies

From improving customer relationships and tips to getting started with new technology from blockchain to NFTs, we’ll help you understand how to turn customer data into smarter action. This eBook offers strategies for connecting with your customers in a changing digital landscape.

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Your Team's Pragmatic Guide to Security

Speaker: Naresh Soni, CTO, Tsunami XR

The pandemic has led to new data vulnerabilities, and therefore new cyber security threats. By understanding the latest threats and their solutions, you can come out of this crisis stronger than ever--without breaking the bank. What methods and architectures you should consider to proactively protect your data.

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

As a result, data protection needs to be a concern for most banks, businesses, and information technology specialists. Cyberthreats have become a serious issue. million attacks, the threat marked a 148% increase compared to 2020 and was the most expensive year on record!