GeekWire

MARCH 13, 2023

Silicon Valley Bank worked with an estimated 80% of venture-backed startups in Seattle. GeekWire spoke with startup CEOs and investors to get their reaction to the government’s decision to backstop deposits and what changes they expect as a result of the bank’s sudden collapse. There could be some silver linings.

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GeekWire

MARCH 14, 2023

Silicon Valley Bank’s motto, “Make Next Happen Now,” in neon inside its Portland, Ore., government’s promise this weekend to fully protect both insured and uninsured Silicon Valley Bank deposits. But the bank’s demise left many unresolved questions and challenges for the U.S.

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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.

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Banking Security Artificial Intelligence Research 98

GeekWire

MARCH 15, 2023

Silicon Valley Bank’s website promoted its commitment to climate tech. SVB.com screenshot) Before its collapse last week, Silicon Valley Bank was a champion of the growing climate tech sector. The California-based bank offered them assistance in project finance, regulatory hurdles and sector networking challenges.

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Banking Financial Energy Insurance 98

CIO Business Intelligence

SEPTEMBER 8, 2023

Companies developing and deploying AI solutions need robust governance to ensure they’re used responsibly. Based on a recent DataStax panel discussion, “ Enterprise Governance in a Responsible AI World ,” there are a few hard and easy things organizations should pay attention to when designing governance to ensure the responsible use of AI.

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GeekWire

MARCH 10, 2023

But now many startups are scrambling to figure out if they’ll be able to pay their employees in the fallout of Silicon Valley Bank’s rapid meltdown. ” Many CEOs are trying to transfer their funds out of SVB and set up corporate accounts at other banks. Meanwhile, competing banks are seizing opportunity.

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SecureWorld News

MARCH 3, 2022

The New York Post reports that United States banks are witnessing a significant increase in cyberattacks since NATO and many Western allies imposed financial sanctions on Russia, saying that it seems the country has declared cyberwar on the U.S. Bank executives say they spend billions annually to defend against these kinds of attacks.

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Banking Financial Analysis Government 89

Forrester IT

FEBRUARY 22, 2017

While data governance has been a business need for years, it is becoming more visible as a center stage business concern. Two of the most important regulations are GDPR (European General Data Protection Regulation), and BCBS 239 (Basel Committee on Banking Supervision regulation 239). Read more Categories: data management big data.

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Venture Beast

DECEMBER 9, 2021

OTP Bank and the government agreed that Hungarian was unlikely to get its own AI language model soon if they didn't take the initiative. Read More.

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Banking Development Government Industry 98

Tech Republic Big Data

AUGUST 8, 2023

The ACCC has given the green light for cross-banking collaboration to address scams. Here’s how IT pros in Australia can and should address the current regulatory environment.

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Banking Industry Big Data Government 94

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.

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Banking System Data Guidelines 119

Gizmodo

FEBRUARY 23, 2022

As an ongoing political crisis continues to roil Ukraine, the nation’s banks and government agencies have been struck with disruptive cyberattacks for the second time in two weeks. Read more.

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Banking Malware Government System 98

Dataconomy

NOVEMBER 21, 2023

The government of Canada has revealed the big “Canada data breach” that consists of information about government personnel, members of the Royal Canadian Mounted Police (RCMP), Canadian Armed Forces personnel, and more.

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Government Data Backup Authentication 74

Computer Weekly

AUGUST 16, 2017

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

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Banking Financial Government 166

CIO Business Intelligence

MAY 24, 2023

The first published data governance framework was the work of Gwen Thomas, who founded the Data Governance Institute (DGI) and put her opus online in 2003. They already had a technical plan in place, and I helped them find the right size and structure of an accompanying data governance program.

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Government Data Policies Analysis 118

Gizmodo

JULY 22, 2021

A massive internet outage appears to have incapacitated services connected to droves of businesses, banks, government offices, and more, knocking a variety of popular websites and services offline. Read more.

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Banking Internet Network Government 111

The Accidental Successful CIO

MARCH 27, 2019

CIOs at banks have a great deal to worry about. As though this wasn’t bad enough, every bank is connected to every other bank. What this means is that if something bad happened to a connected bank, then your bank could also suffer. Preparing For The End Of The World In Banking.

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Banking Programming Financial Insurance 141

Gizmodo

APRIL 6, 2021

Japan’s central bank has started trials of a new digital currency in an effort to experiment with how it might be used, the Bank of Japan announced on Monday. The announcement comes after the Chinese government revealed it was doing something very similar with a digital yuan in early March. Read more.

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Banking Government Financial 83

CIO Business Intelligence

DECEMBER 11, 2023

The EU has emerged as the first major power to introduce a comprehensive set of laws to govern the use of AI after it agreed on a landmark deal for the EU AI bill. The provisional agreement defines the rules for the governance of AI in biometric surveillance and how to regulate general-purpose AI systems (GPAIS), such as ChatGPT.

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Government Open Source Artificial Intelligence Conference 127

Forrester IT

OCTOBER 8, 2020

The 2020 Australia Banking and Superannuation Customer Experience Index results are live now! COVID-19 stress-tested the robustness of Australian banks and supers’ governance structures and crisis management plans as the industry experienced rapid regulatory changes.

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Banking Government Industry Financial 242

Tech Republic Security

AUGUST 27, 2020

The BeagleBoyz have made off with nearly $2 billion since 2015, and they're back to attacking financial institutions after a short lull in activity.

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Banking Government Financial 214

Forrester IT

NOVEMBER 20, 2020

The pandemic has also changed how customers bank, get insurance, and manage their finances. In addition to these COVID-19 changes, governments, regulators, and shareholders are now demanding higher standards and mandating financial services firms to better serve and […].

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Financial Programming Insurance Banking 254

Forrester IT

JULY 16, 2020

This is part 2 of my blog on how DBS Bank set out to establish their enterprise data platform. You can find the first part here, and the full session for replay (as well as all other session replays from the APAC FS Webcast Week) at [link] (free registration required). In the first blog, I […].

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Enterprise Enterprise Banking Data 195

Forrester IT

NOVEMBER 7, 2018

While many governments are still nursing large debts, most banks, investment management firms, and insurance companies have long since returned to good health. In the decade since the global financial crisis, much of the financial services industry has made a strong recovery.

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Financial Insurance Banking Government 399

The Verge

SEPTEMBER 24, 2021

The People’s Bank of China, the country’s central bank, said Friday that cryptocurrency transactions are illegal, saying such currencies “do not have legal tender status” and therefore “cannot be circulated as currency in the market.”. Illustration by Alex Castro / The Verge.

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Banking Financial Energy Virtualization 72

CTOvision

MAY 31, 2016

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. Dan Pomeroy of the GSA (General Services Administration of US Government).

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Data Center Banking Data Government 150

CIO Business Intelligence

APRIL 29, 2022

This would be straightforward task were it not for the fact that, during the digital-era, there has been an explosion of data – collected and stored everywhere – much of it poorly governed, ill-understood, and irrelevant. Addressing the Challenge. Further, data management activities don’t end once the AI model has been developed.

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SecureWorld News

NOVEMBER 22, 2021

At the same time, banking organizations are a growing target for cyberattacks. One study by Trend Micro reported a 1,318% rise in ransomware attacks targeting banks in the first half of 2021. Now, the federal government is stepping in to provide more security transparency, aimed at detecting damaging cyber incidents early.

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Banking Report Financial Insurance 77

GeekWire

DECEMBER 9, 2020

Microsoft unveiled an initiative to use artificial intelligence to detect government corruption, calling it “an urgent global issue that can and must be solved.” ” The concept of using AI to detect and prevent corruption has been getting increased attention in recent years in government circles. .”

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Government Microsoft Artificial Intelligence Banking 145

Trends in the Living Networks

APRIL 20, 2020

Civic technology, often called CivicTech, is usually defined as technologies to enable constructive engagement between citizens and government. However I frame it more broadly as technologies that help us create a better society.

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CTOvision

MAY 26, 2014

In this post we provide some of Marc’s views around the nature of government services in the near future. Gourley: In the near future of 2030, do you have thoughts on services that government currently delivers to citizens that will be done better or perhaps rendered obsolete because of new personal computing technologies?

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Government Financial Healthcare Internet 291

Computer Weekly

SEPTEMBER 19, 2016

UK citizens think banks are the best organisations to provide biometric authentication for payments

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Banking Government Authentication Security 100

Venture Beast

FEBRUARY 15, 2022

Cyberattacks against a Ukraine Defense Ministry website and two banks in the country were reported, though Russia hasn't been blamed so far. Read More.

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Banking Report Government Security 86

Information Week

MAY 12, 2022

Now, however, they are recognized as much more, and governments are exploring central bank digital currency, also known as CBDC. Cryptocurrencies were once seen as at best a fad and at worst a vehicle for money laundering.

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Banking Government 208

CIO Business Intelligence

MAY 17, 2022

Central to these risks are factors inherent to the technology — for example, how a particular AI system arrives at a given conclusion, known as its “explainability” — and those endemic to an enterprise’s use of AI, including reliance on biased data sets or deploying AI without adequate governance in place.

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CIO Business Intelligence

MARCH 4, 2024

La governance dell’Information Technology rappresenta l’evoluzione verso una funzione IT “non più struttura di servizio, ma che crea valore”, indica Garancini. La governance dell’Information Technology rappresenta l’evoluzione verso una funzione IT “non più struttura di servizio, ma che crea valore”, indica Garancini.

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Government Dell Strategy Banking 52

CIO Business Intelligence

APRIL 7, 2022

In early 2021, a wave of digital innovation in the African financial sector, born out of a response to the tight grip of the pandemic, fuelled services and applications that had the potential to really shake up the banking sector. African banks rush to offer new services. Fintech lowers costs for banks and consumers.

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Banking Financial Mobile Telecommunications 52