AI and financial processes: Balancing risk and reward

Venture Beast

When merging AI and financial processes, the smart money lies in mitigating risk while focusing on that sweet monetary reward. Read More.

Pilot on the AI-driven ‘financial back office’

Venture Beast

Winner of the AI in Business Applications category, Pilot complements its financial expertise with supervised machine learning models. AI Enterprise Software VB Home Page ai AI financial management AI startups AI.

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Snowflake targets financial services with its first industry-specific data cloud

Venture Beast

Snowflake has announced its first industry-specific data cloud, with a focus squarely on the financial services industry. Read More.

Financial sector leading the way on hybrid cloud

CTOvision

Financial services companies are benefitting hugely from embracing hybrid cloud platforms as the industry continues its digitial transformation journey, new research has found.

Tough Bosses, Unrealistic Goals, and Other Corporate Challenges That a Customer-Centric Product Strategy Can Empower You to Solve

Speaker: Bob Caporale, Founder of Strategy Generation Company

Join Bob for his session where he will discuss driving your company’s “top-down” goals with a clear and well communicated “customer-up” product strategy!

How AI is shaping financial services

CTOvision

Artificial intelligence (AI) is in the process of transforming a variety of models in the global financial services industry, a global survey jointly conducted by the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School and the World Economic Forum suggests.

New ACH rule requires enterprises to obscure financial transfer data

Venture Beast

Commerce Consumer Enterprise Security VB Home Page category-/Business & Industrial category-/Computers & Electronics/Computer Security category-/Computers & Electronics/Enterprise Technology data security data storage financial data fraud prevention NACHA ransomware

Why the Financial Services Industry is Embracing the Cloud

Information Week

Financial services firms, such as banks and insurance providers, are rapidly heading into the cloud, lured by the promise of multiple monetary, innovation and performance benefits

The 5 Digital Transformation Identities of Financial Services Organizations

CEB IT

One-third of financial services CIOs identified digital as their top business priority for 2019, up by more than 8% from last year, according to Gartner. Digital business usually means different things for financial services CIOs,” says Juergen Weiss , Practice Vice President at Gartner. “We We can differentiate two completely different digital strategies in the financial services industry: Digital optimization and digital business transformation.”.

Freedom Financial CIO Taps Analytics for COVID Tracking

Information Week

As employees trickle back to the office, Freedom Financial is using technology and analytics to help prevent the spread of COVID-19

AI-powered financial research platform Sentieo nabs $20M

Venture Beast

Sentieo, which offers AI-powered financial investment research tools, raised $20 million in a venture funding round. AI VB Home Page ai artificial intelligence category-/Business & Industrial financial research Fintech funding daily machine learning Sentieo

How to Operationalize Data From Multiple Sources to Deliver Actionable Insights

Speaker: Speakers from SafeGraph, Facteus, AWS Data Exchange, SimilarWeb, and AtScale

Learn how to blend various datasets together from top data providers in AWS Data Exchange like Safegraph, Facteus, and SimilarWeb with internal data to innovate and make smarter decisions at scale.

Nation’s Financial Heavyweights Issue Cyber Warning

CTOvision

I have a sense that 100% of my business associates, and the entire online community of CTOvision.com and OODAloop.com are not the least bit surprised at what is in new cyber threat warnings from the Department of Treasury’s Office of Comptroller of the Currency (OCC) and the independent Federal Deposit Insurance Corporation (FDIC). In fact, […]. News FDIC FFIEC OCC

The Downside Of digital Labs For Financial Innovation

Forrester IT

The race to digital is heating up in financial services (FS) organizations; increasingly, the engine making this happen is Agile. Quite simply, it is software that makes any financial business truly digital. financial services. Agile Application Development DevOps Insurance Scrum agile software development banking continuous delivery continuous integration digital disruption digital innovation financial services waterfall

Google launches Datashare to help manage financial services data

Venture Beast

Google Cloud's new service, Datashare, is designed to address the needs of data consumers and publishers in the financial services sector. Read More.

AWS launches FinSpace, a data analytics service for financial industry

Venture Beast

Amazon's AWS cloud business has launched FinSpace, a new data management and analytics service for the financial industry. Read More.

Preventing SIM Swapping at Financial Institutions

HID Global

Preventing SIM Swapping at Financial Institutions. ovalent. Wed, 09/22/2021 - 10:18

What Financial Services Executives Need To Know About Data Security

CTOvision

Read why financial services executives need to know about data security on Forbes : The financial services industry experiences 35% of all data breaches, earning it the unflattering title of the most-breached sector. It’s easy to understand why. The industry is known for its wide array of interconnected systems and the processing of millions of […]. Cyber Security News

Karat Financial raises $26M for corporate cards for creators

Venture Beast

Karat Financial has raised $26 million to create corporate cards that extend credit for the creator economy. Read More.

How voice biometrics is saving financial services companies millions and eliminating fraud

Venture Beast

Big Data Cloud Commerce Consumer Dev Enterprise Security VB Home Page Aurya category-/Computers & Electronics/Computer Security category-/Law & Government/Public Safety finance Financial Services Five9 ValidSoft VB Transform 2021 voice biometrics

How businesses can reduce the financial impact of data breaches

CTOvision

Read Lance Whitney explain how businesses can reduce the financial impact of data breaches on the Tech Republic : Data breaches can be costly for an organization in terms of lost or stolen data, customer mistrust, legal investigations, and recovery efforts. As a result, the sheer financial costs of a data breach can severely weaken […].

How Nationwide taps Kafka, MongoDB to guide financial decisions

Venture Beast

Nationwide Building Society CIO Gary Delooze discusses how data technologies such as Kafka and MongoDB offer customers financial insights. Read More.

Confusion And Vendor Adolescence Stalls AI Innovation In Financial Services

Forrester IT

AI is a hot topic in financial services. And its easy to see why. Increasing margins on transactions, decimated by compliance costs and low interest rates, reaching new market segments, and automating routine tasks, makes AI innovation attractive. And in one sense, FinServ has always been about algorithmic innovation. There is no higher potential ROI than beating the market.

Finland’s OP Financial Group outlines digital ambitions

Computer Weekly

Chief digital officer at financial services group describes how new technology is fundamentally changing the business

Where Do US Consumers Stand On The Financial Well-Being Spectrum?

Forrester's Customer Insights

Forrester’s Financial Well-Being Segmentation helps firms better assess their customers’ level of financial resilience and attitude toward their financial situation. Age of the Customer customer experience digital business financial services Sustainable finance

Accelerating cloud adoption in financial services

Computerworld Vertical IT

VMware. download. To read this article in full, please click here

5G In Financial Services

Forrester's Customer Insights

5G will become a general-purpose technology for financial services firms. Age of the Customer banking customer experience management customer-centric design financial services Insurance mobile technology omnichannel customer experience 5G

Silent Eight leverages AI to detect and solve financial fraud

Venture Beast

Silent Eight, a startup leveraging AI to help detect and solve financial fraud, has raised $8.8 million to expand its reach. Read More. AI Big Data Business Cloud Dev Enterprise Entrepreneur Security category-/Computers & Electronics/Computer Security funding daily Silent Eight

Surviving the new normal: What to do when a customer asks to see your startup’s financials

Venture Beast

It's possible that enterprise buyers will ask to see your startup's financial statements before committing to buy your product. Business Entrepreneur category-/Business & Industrial category-/People & Society startup financials

The Future Of Financial Brands: Less Financial, More Brand

Forrester's Customer Insights

A new crop of challenger brands, such as Alibaba, Amazon, Apple, Google, Starbucks, T-Mobile, Tencent, and Walmart, are on the prowl in the financial services category. And that should have traditional financial brands worried — very worried.

How financial cybercrime targets shifted in 2020

Tech Republic Security

COVID lockdowns may be behind a major change toward targeting e-commerce and using new forms of attacks, Kaspersky finds

Financial malware more than twice as prevalent as ransomware

Computer Weekly

While ransomware continues to make the headlines, particularly in the wake of WannaCry, research has revealed that financial threats are 2.5 times more prevalent

Russian-speaking hacker targeting financial institutions

Computer Weekly

A Russian-speaking cyber criminal gang is targeting financial institutions in the UK, US and Russia, a Moscow-based security firm reports

G7 sets financial sector cyber defence guidelines as attacks grow

Computer Weekly

G7 countries have agreed cyber security guidelines in response to concerns about the safety of interconnected global financial systems that are increasingly coming under attack, according to Symantec

DataRails, which automates financial reporting for Excel users, nabs $18.5M

Venture Beast

DataRails, which helps businesses understand their financial data better, and more quickly, has raised $18.5 million. Read More.

How Financial Brands Can Use AI and Data To Offer More Personalized Services

Dataconomy

Finance Artificial Intelligence Contributors Featured AI artificial intelligence financial servicesComputing advances and data expansion have suddenly made AI part of everyday life and an invaluable tool for almost every industry.

Will financial advice be delivered primarily through Netflix-like subscription platforms?

Trends in the Living Networks

The ideas presented in the report include the rise of “fit-nance” tracking of holistic advice, financial advisors focusing on life coaching, and ubiquitous user ratings of advisors. Financial services Uncategorized

Why 2019 Was Actually A Secret Success For Blockchain In Financial Services

CTOvision

Read Biser Dimitrov explain why 2019 was actually a secret success for blockchain in financial services on Forbes : Now, as most of the 2020 blockchain predictions have settled in and the year is near its end, let’s review the highlights in the enterprise blockchain and digital assets space, especially in the financial services vertical. […].

The Effect Of COVID-19 On Canadians? Financial Well-Being

Forrester's Customer Insights

Even before the COVID-19 outbreak, our research showed that Canadian consumers were facing multiple financial challenges and were worried about their financial situation.

The Advantages of a Faster Blockchain for Global and Financial Institutions

CTOvision

Read Zac Johnson’s article about why blockchain can provide speed and transparency for global and financial institutions on Influencive : Blockchain technology is becoming increasingly integrated into the mainstream, beyond the popular cryptocurrency market. Even traditional financial institutions, banks, investment companies, etc.,

How banks and banking customers can protect themselves against financial crimes

Tech Republic Security

Account takeovers and online banking fraud are two types of attacks on the rise against financial institutions and their customers, says Feedzai

COVID-19 Stokes The Chatbot Hype In Financial Services

Forrester's Customer Insights

COVID-19 and the associated containment measures are accelerating digital transformation and automation in financial services. Age of the Customer Banking Chatbots financial services virtual agents voice technology Bank of America Capital One chatbots virtual assistants voice assistants

Mitigating Insider Threat Risk in Financial Services

SecureWorld News

Director, Infrastructure Security at FINRA on the SecureWorld broadcast Mitigate Insider Risk in Financial Firms. 4 key findings of insider threats in the financial services sector. FINRA helps maintain the integrity of the financial markets and takes that role very seriously. "We