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

Forrester’s Global Financial Services Architecture Online Survey

Forrester IT

An important part of Forrester’s research process is gathering input from financial services companies, so we can advise our clients on the latest trends in the market. banking financial services InsuranceWe’ve kicked off some new research, and we need your help.

How AI Improves Customer Care in Financial Services

Perficient - Digital Transformation

As I write this, financial services firms are harnessing AI to provide new opportunities for enhancing call centers, detecting fraud, and enabling a smarter level of trading. The financial services market is filled with companies offering customers with products and services to expand their portfolios; therefore, firms that maximize their customer service efforts will succeed. It’s safe to say that artificial intelligence (AI) has established itself in the business world.

Predictions 2019: Financial Services Firms Shift Their Focus To Operational Efficiency

Forrester IT

In the decade since the global financial crisis, much of the financial services industry has made a strong recovery. banking financial services predictions 2019 wealth management

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

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

IBM BAW Transforms and Improves Financial Group

Perficient - Digital Transformation

In one of the sessions, Tarek El Shamy (Perficient Technical Architect) and Susan Hoffman from our client Western and Southern Financial Group (W&S) discussed how we helped W&S shorten the implementation time for IBM Business Automation Workflow (BAW) by leveraging a reusable user interface framework. IBM’s flagship technology conference, Think, is taking place this week in San Francisco.

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

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

Do You Work For A Financial Services Provider? Then Take This Survey!

Forrester IT

Forrester is conducting research on how financial services companies are using Video to win, serve, engage, and retain customers. Uncategorized Banking brokerage Digital Banking Financial Services insurance retail banking video video strategy wealth management

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.

Financial services CIOs above average for digital focus

Computer Weekly

IT leaders in the financial services sector realise they must undergo digital transformation as existing business models become outdated

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.,

Cyber attacks cost financial firms up to £1.6m a time

Computer Weekly

The costs associated with cyber attacks on the financial sector are rising as organisations face increasingly sophisticated threats, research shows

Oracle Launches Financial Services Cloud

Data Center Knowledge

based financial services companies, the service integrates with other Oracle SaaS products Read More. Initially available to U.S.-based Cloud Computing Oracle

Financial cyber attacks increase as malware writers join forces

Computer Weekly

Financial malware attacks increased 16% in the second quarter of the year, driven by collaboration between the developers of two banking Trojans in the top the financial malware threats, says Kaspersky Lab

Financial institutions need to rethink security, say analysts

Computer Weekly

Financial services providers need to rethink their approach to information security, according to the results of a global survey

The Most Valuable Benefit of Salesforce Financial Cloud

Perficient - Digital Transformation

How familiar is your organization with the flexibility and integration Financial Services Cloud offers? The Salesforce Financial Services Cloud transforms how wealth and asset management, banking, and insurance companies work with customers, as well as within their own organizations.

Dubai financial services regulator launches temporary licence aimed at fintechs

Computer Weekly

Dubai is making it easier for financial technology companies to test out their ideas through a temporary licence

Financial services firms advised to ditch private datacentres and invest in cloud

Computer Weekly

DTCC whitepaper claims financial services firms that shun cloud are at heightened risk of running into resiliency, security and performance issues

Figures suggest blockchain is a 'no brainer' in financial services

Computer Weekly

Blockchain has quickly established itself in financial services businesses, with companies in other industries likely to see a similar trend

Top 10 financial services stories of 2016

Computer Weekly

Here are 10 of the most popular fintech articles on Computer Weekly in 2016

BMW runs first Innovation Lab for financial services division

Computer Weekly

Five startups take part in luxury car manufacturer’s first “innovation lab” to develop financial technology solutions

Financial Firms’ Cloud Security Practices Maturing: Report

Data Center Knowledge

Almost every financial services firm stores personally identifiable information in the cloud Read More. Shared

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

Financial sector faces era of cyber mega heists

Computer Weekly

Banks and other financial institutions are threatened by a new breed of elite cyber criminals running professional operations that will use any means to achieve their goals, says Barclays security chief

Cyber criminals net £8bn from financial services in 2016

Computer Weekly

Organised cyber fraud gangs are turning their attention to online lenders and emerging financial services, potentially netting £8bn in 2016, a report reveals

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Latisys Expands to UK, Reveals Healthy Financials

Data Center Knowledge

High-touch hybrid hosting provider Latisys is expanding its platform to the UK, as well as disclosing some financials for the first time. The company has hit an annual revenue run rate of $100 million. Latisys

Enterprise appetites for cloud-based financial apps on the rise, Gartner research suggests

Computer Weekly

Research into corporate appetites for cloud-based financial apps suggest demand is growing faster than expected, claims Gartner

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.

Salesforce DMP, Financial Services Cloud & B2B Analytics Intro

Perficient - Digital Transformation

What You Need to Know About Financial Services Cloud. What You Need to Know About Financial Services Cloud: A Case Study. With digital transformation at the forefront of all business strategies, the financial services industry comes with its own set of challenges.

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‘Tis The Season – Your Customers Might Need A Little Nudge

Forrester IT

customer experience digital business digital money management Behavioral Economics Customer Experience (CX) Digital Money Management Financial Wellness

“Alexa, Did Any Of My Clients Add Cash Last Week?”

Forrester IT

digital disruption digital money management financial management financial services wealth management promoted

Do AI Applications Have a Limit in Financial Services?

Perficient - Digital Transformation

Dominant financial services institutions, currently, focus on; a scale of assets, mass productions, relationship exclusivity, switching costs, and dependence on the integrity of humans. The same mindset goes for artificial intelligence (AI) pairing with financial services. How AI Helps with Financial Services. “A Ultimately, AI in the financial services industry will be directed towards optimizing the customer experience. AI Has Its Limitations in Financial Services.

Running IT Like A (Financial) Business

Chuck's Blog - EMC

You wouldn’t try to run a business without good financial instrumentation — and the same is quickly becoming true for many progressive IT shops. It was perfectly acceptable to run around and manually gather key metrics at the end of a quarter or financial year.