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COVID-19 Stokes The Chatbot Hype In Financial Services

Forrester IT

COVID-19 and the associated containment measures are accelerating digital transformation and automation in financial services.

Financial 545
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US Treasury Warns of Cybersecurity Risks AI Poses to Financial Sector

SecureWorld News

Department of Treasury on March 27th released a report titled "Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector." The report highlights the growing concern around artificial intelligence (AI) and its potential to introduce new cybersecurity threats to the financial industry.

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U.S. Sanctions Russian National for Virtual Currency Money Laundering

SecureWorld News

The United States Treasury Department's Office of Foreign Assets Control (OFAC) has taken decisive action against Ekaterina Zhdanova, a Russian national, for her significant role in laundering and transferring funds using virtual currency on behalf of Russian elites and ransomware actors, including the notorious Ryuk gang.

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Fostering Innovation at Discover Financial Services

CIO Business Intelligence

At Discover® Financial Services, it lies at the heart of the company’s business goals and growth. Innovation is about modernization, it’s about optimization,” said Dan Gisolfi, Distinguished Engineer, Head of Innovation and Intellectual Property at Discover Financial Services. Innovation has a different meaning for every organization.

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Immersive Wisdom: Virtual, Mixed and Augmented Reality for Real-Time Collaboration

CTOvision

Immersive Wisdom provides a virtual, mixed, and augmented reality software platform for multi-user geospatial collaboration and real-time intelligence. Their solutions serve diverse industries including government, financial services and logistics.

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How To Monetize Open Finance: Monetize Value, Price The Use Case

Forrester IT

This is steadily changing distribution patterns within the industry towards embedded finance – a world of connectivity, financial services meeting the needs of customers in the moment, in cars, in virtual agents, in shopping apps, in online marketplaces. Open finance is driven not by regulators, but by technologies like open APIs.

How To 364
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How the metaverse will help financial organizations transform employee and customer experience on Microsoft Cloud

CIO Business Intelligence

For financial institutions, it can transform the way they offer services and training, making them more convenient, engaging, accessible and inclusive.” Metaverse applications are developing quickly. Rogue actors could attempt to steal target NFTs and tokens, or use deepfake techniques to impersonate financial advisors.