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

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

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.

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

AI Jobs Disruption – Why the U.S. Financial Services Industry is Different

Datacponomy

Financial Services Industry is Different appeared first on Dataconomy. Artificial Intelligence Contributors Featured FinTech infographics Technology & IT AI Big Data Jobs financial services Optimized Workforce U.S.

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

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

Australian Financial Services Firms Must Step Up And Fix Home Lending

Forrester IT

With broker reforms at a standstill, Australian financial services firms must step up and take responsibility by putting customer interests first. Create the right culture, be more transparent, and build tools to protect vulnerable customers. age of the customer

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.

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 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

Emergent Risks in 2019 Facing Financial Services

Galido

Information Technology Blog - - Emergent Risks in 2019 Facing Financial Services - Information Technology Blog. The security of financial information has always been a cause for concern. The data that the financial industry collects grows vastly every year.

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

Why financial planning asks more of CRM than other industries

IT Toolbox

The demands on CRMs from the financial planning and wealth management markets are greater than from other industries. This is partly the result of regulatory pressures but in addition, money management platforms need to continue to interact with clients at a highly granular level as both customers’ financial needs and the condition of public financial markets change.

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

In (Partial) Defense of Financial Jargon

IT Toolbox

Financial jargon — or as it is less charitably called, business BS — has been a mainstay of the industry since time immemorial. Anyone who has clicked “agree” to credit card terms and conditions without reading will know that financial jargon doesn’t affect day-to-dayBut it seems to have limited usefulness to anyone other than banking lawyers.

5 Technologies Ready To Take The Financial World By Storm

IT Toolbox

When the financial industry changes it sends shockwaves around the world. We're just hoping the next time anything significant occurs it's fairly positive. There is a good chance it will be and it's all thanks to new technology. Although these technologies aren't brand new they've not quite hit the mainstream yet. Fortunately, it won't be the case much longer. Let's take a

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 Good, The Bad, & The Ugly Of US Mobile Banking Experiences In 2019

Forrester IT

age of the customer chief marketing officer (CMO) customer experience digital business Banking banking transformation chief digital officer CMOs Digital Banking digital experience digital experiences digital strategy financial advice Financial Services Financial Wellness Mobile Banking mobile strategy

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

4 Ways ERP Improves Financial Clarity

IT Toolbox

Financial clarity is a must for organizations to operate smoothly. So, why would an organization use an outdated legacy enterprise resource management (ERP) application and expect to have financial clarity? It is the determining factor in which business processes work and which don’t. It’s also a requirement for any organization that wants to stay in business for very long.

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

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