CIO Business Intelligence

AUGUST 22, 2022

Along with nearly every other industry, banking is facing greater competitive pressure than ever. As banks continue to face this reality, they’re also tasked with addressing a variety of rapidly changing issues, including those surrounding data protection, adoption of cryptocurrency, and anonymizing data (AI models). .

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CIO Business Intelligence

MARCH 26, 2024

With the goal to enhance intelligence in the digital banking arena, Huawei has unveiled a new framework to bolster infrastructure resilience. Cao elaborated that it taps into large artificial intelligence (AI) models to visualise correlations as well as changes to networks, traffic and applications in real time.

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Banking Strategy Disaster Recovery Financial 57

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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CIO Business Intelligence

APRIL 28, 2023

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines.

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Banking Data Financial Software Development 141

The Verge

OCTOBER 25, 2021

Mastercard will let banks on its payments network integrate cryptocurrencies into their products | Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images. billion active Mastercards and more than 22,000 banks and financial institutions on its network. The news was first reported by CNBC.

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The Accidental Successful CIO

OCTOBER 20, 2021

In this new era of social distancing, how can CIOs build the human networks that they need? All too often we can believe that in order to be successful networkers we have to get in contact with a lot of people. Make Sure You Network In A Way That Works For You. Quality Of Contacts Takes Priority Over Quantity.

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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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CIO Business Intelligence

NOVEMBER 23, 2023

Where a 1 Gbps corporate network was once the gold standard, the dominance of real-time video now demands higher bandwidth. According to leading networking provider Huawei, the ubiquity of video traffic (now typically 80% of overall traffic) is driving the need for 10 Gbps connectivity.

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Network World

APRIL 28, 2023

Security, AI, and network-as-a-service (NaaS) were top of mind for Aruba Networks execs at their Atmosphere customer conference this week. Ten years ago for most network operators their main job was making sure connectivity was reliable and security was someone else’s problem. To read this article in full, please click here

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Security Banking Enterprise Enterprise 152

The Verge

FEBRUARY 26, 2022

The letter, signed by the United States, UK, Canada, and European allies, lays out new measures to isolate Russia’s central bank, and announces a new trans-Atlantic task force to freeze the foreign assets of sanctioned individuals. used to authenticate payment instructions between banks. billion to $52 billion.

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The Verge

NOVEMBER 24, 2021

The Federal Reserve, Federal Deposit Insurance Corporation (or FDIC), and Office of the Comptroller of the Currency (OCC) have issued a joint statement announcing a plan to clarify the rules and regulations around how banks can use cryptocurrencies over the next year ( via Bloomberg ). Banks now have to show they can safely handle crypto.

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The Verge

FEBRUARY 26, 2022

Customers at a number of banks in Russia can no longer use their bank cards with Google Pay and Apple Pay due to newly-imposed financial sanctions on the country, as reported by Insider. Sanctions issued by the EU target 70 percent of Russia’s banking network.

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Banking Apple Google Financial 98

Gizmodo

MARCH 31, 2022

The world’s most powerful banks have funded fossil fuel projects to the tune of $4.6 banks—JPMorgan Chase, Citi, Wells Fargo, and Bank of America—all of which have signed… Read more. trillion in the six years since the Paris Agreement, a new report from a group of NGOs finds. A quarter of that funding comes from just four U.S.

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Banking .Net Groups Report 110

TM Forum

FEBRUARY 22, 2023

The advent of 5G and IoT could provide mobile network operators with a great opportunity to reshuffle the cards and foster a new wave of innovation.

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Banking Mobile Network 104

CTOvision

MARCH 16, 2020

IoT is a network of devices connected through the internet which obtain and transmit data. Read Abhishek Pareek explain the best examples of the Internet of Things solutions in the finance sector on Customer Think : In financial services, the Internet of Things (IoT) is considered the next big thing. Internet of Things is the […].

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Examples Internet Banking Financial 289

TM Forum

JULY 21, 2021

The transition from pre-integrated network functions provided by the traditional network equipment providers to next generation and disaggregated networks where operators can leverage a broad complex ecosystem, creates greater demand on integration, interoperability, performance, and optimization functions. Focus on innovation.

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Venture Beast

MARCH 3, 2022

Tiny Rebel Games is banking that digital pet fans will be happy that it has raised $7 million to build the Petaverse Network. Read More.

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Network Banking Virtualization Video 98

Network World

NOVEMBER 7, 2016

The fine details are still murky, but news surfaced in the last day or two that Tesco Bank , a U.K.-based based bank owned by the Tesco supermarket chain, suffered some sort of widespread fraud. Of those, around 20,000 customers have actually lost money from their bank accounts.

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Banking Network 116

Network World

SEPTEMBER 27, 2016

Banks stopped three new attempts to abuse the Swift financial transfer network this summer, its CEO Gottfried Leibbrandt said Monday, as he announced Swift's plan to impose tighter security controls on its customers. In the end, they only succeeded in stealing US$81 million after hacking bank systems connected to the Swift network.

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Banking Network Financial Security 60

CIO Business Intelligence

APRIL 27, 2023

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. Agile networks can respond quickly to changes in the market, customer demands, employee requirements, and technology advances.

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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. Many banks will have just a day and a half to report cyber incidents, under a new rule that will go into effect on May 1, 2022.

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Banking Report Financial Insurance 72

Network World

APRIL 21, 2017

If the financial services industry is banking on blockchain as the basis for new service innovation, it will be sorely disappointed. WANdisco sees this first hand: We’re increasingly being approached by banks that think this is the kind of thing we do (it isn’t). Banks need blockchain like a hole in the head. They’re wrong.

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Banking Network Financial Industry 87

CIO Business Intelligence

JUNE 23, 2022

M&T Bank is a community-focused banking franchise with approximately $140 billion in assets, and a network of 700 branches across New York, to Virginia, and the District of Columbia. By Milan Shetti, CEO Rocket Software. They offer advice, guidance, expertise, and solutions across the entire financial spectrum.

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Dataconomy

JULY 26, 2023

The development of banking and financial software is essential to the banking sector’s digital transformation. Banks and other financial organizations may simplify operations, boost security, and provide clients with better services thanks to these software solutions. Multiple account types (savings, checking, etc.),

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CTOvision

SEPTEMBER 1, 2020

said Wednesday it has developed a more advanced artificial intelligence system that can approve or decline credit and debit transactions on behalf of banks whose own networks are […].

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Artificial Intelligence Tools Banking Network 239

Gizmodo

JUNE 16, 2021

Australia’s major banks, airlines, and post office are all experiencing website outages that started Thursday afternoon local time, 12:30 a.m. ET, according to multiple reports from news outlets down under. Read more.

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Airlines Banking Report Network 80

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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CIO Business Intelligence

JULY 18, 2022

One organization, Feeding America, the country’s largest domestic hunger relief organization, is turning to information technology to help, having hired three years ago its first IT chief to transform how its network of 200 food banks serve the food insecure. Those food banks also have varying levels of technology acumen.

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Banking Data Network Nonprofit 141

Computer Weekly

SEPTEMBER 27, 2016

Failure to follow standard network security best practice has exposed a Californian investment bank to cyber criminals’ demands

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Banking Security Network 100

GeekWire

OCTOBER 7, 2021

Pandion, a year-old logistics startup founded by former Amazon and Walmart executive Scott Ruffin , reeled in $30 million in fresh capital that it will use to continue building out a so-called “parcel network” to help online retailers more efficiently ship packages. . Copper Banking. Copper Image). million seed round.

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Banking Network CTO Travel 96

CTOvision

NOVEMBER 15, 2014

We have been long-term supporters of the Security Innovation Network (SINET) and believe this group plays an important role in being a catalyst for innovation around enterprise cyber security. Networking Lunch – Information Sharing Hour. 7 hours Networking and Networking Reception. One on One Meetings. about SINET.

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Network Security Information Security Enterprise 276

GeekWire

AUGUST 6, 2021

Now, the Seattle-based investment banking firm is on the prowl to make its own purchase. Purchase an emerging technology company in what the long-time investment banking professionals call “industry 4.0.” ” “Today, Industry 4.0

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Banking Industry Company Biotechnology 131

GeekWire

SEPTEMBER 27, 2023

The tech: PortX, led by CEO David Wexler , sells financial services infrastructure software to community banks, credit unions, and fintech companies. It aims to help customers enable embedded banking-as-a-service solutions, eliminate vendor dependencies, and streamline access to banking data.

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Banking Financial Industry Company 120

Network World

MARCH 21, 2017

RELATED: Inside Bank of America's IT transformation. Wouldn’t it be great if there were software that could guarantee which data was and was not correct, backed up by the most powerful computer processors available?

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Banking Data Tools Network 96

SecureWorld News

JUNE 15, 2020

It's a common best practice among CISOs trying to get their employees invested in cybersecurity for the corporate network: make things personal. Department of Justice alert: rogue banking apps and trojans. If there's one thing we can all agree on, it's that a trip to the bank is one of the least exciting errands of all time.

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Banking Security Spyware Authentication 52

Tech Republic Security

MAY 11, 2020

These threats are designed to capture usernames, passwords, bank details, network information, and other sensitive data, says security provider Lastline.

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Banking Network Security Data 203

CIO Business Intelligence

JULY 13, 2022

Halkbank, founded in 1993, is one of the largest banks in Türkiye, offering corporate and retail banking, investor relations, and SME and commercial services to over 15 million customers. The bank recognized the need to scale its mobile banking platform to handle more than double the volume of traffic.

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