CIO

FEBRUARY 16, 2024

“Innovate or die,” Peter Drucker’s 1985 exhortation on the importance of constant reinvention, was great business advice for the last 40 or so years. The real power of the technology is its ability to draw on disparate data sets and connect workflows.

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CIO

SEPTEMBER 2, 2022

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

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CIO

AUGUST 31, 2022

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

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CIO

SEPTEMBER 12, 2022

A shift has occurred and IT is now viewed as an equal partner in driving business growth with CIOs recognized as the de facto leaders of innovation. Here, they and others share seven ways to create and nurture a culture of innovation. Innovation is a double-edged sword: It is critical to growth — but that’s also what makes it risky. “It

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CIO

SEPTEMBER 7, 2023

Innovation has a different meaning for every organization. Innovation is about modernization, it’s about optimization,” said Dan Gisolfi, Distinguished Engineer, Head of Innovation and Intellectual Property at Discover Financial Services. With built-in resources that nurture innovation and push the industry forward.

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CIO

JANUARY 19, 2023

Before any innovation initiative starts, there are questions (and usually lots of them). What is innovation and, more importantly, what does it mean for your organization? What fears or misperceptions hold innovation back? Their stories prove that innovation without disruption is possible.

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CIO

MAY 15, 2023

When leaders consider how technology has enabled the transformation of business models over the past several years, few would disagree that the world has changed dramatically. Retail, entertainment, music, and banking have largely moved online. Businesses must remain ever-ready to innovate as an aspect of their routine operations.

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CIO

DECEMBER 19, 2023

Frost & Sullivan, a global research and consulting firm, recently released the Emerging Asia-Pacific Hybrid Cloud Market Report 2022 report. In this report, Huawei Cloud was named a “Leader” and positioned ahead of all other providers in terms of market performance, technical innovation, and customer services.

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CIO

MAY 16, 2023

To gain perspective, Iron Mountain sponsored research by Quadrant Strategies, which used digital listening technologies to study public online conversation trends among enterprise decision-makers. AI surpassed other technologies in conversations about innovation The research underscores that AI is leading the way in accelerating innovation.

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TechCrunch

MAY 12, 2023

Michael Beckley Contributor Share on Twitter Michael Beckley is a co-founder and CTO of Appian , where he drives the technical vision for the company, leads product and solutions marketing teams, and oversees customer initiatives. Or, the UK’s Financial Conduct Authority fining GT Bank £7.8m for AML failures.

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CIO

AUGUST 29, 2023

IBM is an iconic American technology brand. Since the earliest days of the computer industry—from the development of mainframes through the advent of disk drives—into the 21st century and the emergence of the metaverse, IBM has been at the forefront of innovation.

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Perficient

APRIL 20, 2023

The Landscape According to Forbes Advisor: 2022 Digital Banking Survey , as of 2022, 78% of adults in the U.S. prefer to bank via a mobile app or website. However, it’s not always obvious which of the many potential technology vendors and implementation partners will best drive an organization’s desired business goals.

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TechCrunch

MARCH 2, 2022

However, the challenge has always been establishing connections with central banks, which remain majorly rigid, and slow to catch up with changes in the financial technology space. The startup, which carried out a successful pilot in Africa, has signed five agreements with central banks in the continent and the Caribbean region.

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TechCrunch

FEBRUARY 26, 2021

The murder of George Floyd last May ignited many things in the United States last year — one of which that was perhaps unexpected: a rise in the number of digital banks targeting the Black community. Some members of the Black community took their belief that big banks are not meeting their needs and turned them into startup concepts.

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CIO

MARCH 9, 2023

Designed for professionals in the Dallas-Fort Worth IT community, the event promises to help attendees master the complexity of digital innovation. Forward-thinking businesses are realizing the role of the CIO in using technology to achieve business outcomes – especially in today’s uncertain economic times.

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TechCrunch

MAY 3, 2022

-based Truist was the 10th largest bank, with $509 billion in assets. It was formed in 2019 as a merger between BB&T and SunTrust banks. Specifically, the San Francisco-based startup wants to drive bank customer engagement using prize-linked savings and casual gaming to motivate smart financial behaviors.

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CIO

AUGUST 19, 2022

Comedian John Oliver quipped that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about technology.” The great regulatory bureaucracy has awakened to the significance of blockchain-enabled technology, led by the SEC. . He missed another area of notorious confusion: the law.

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TechCrunch

JULY 23, 2021

The Scotts Valley, California-based company is using cloud technology and the Ethereum blockchain as the engine for its Paystand Bank Network that enables business-to-business payments with zero fees. On the commercial side, however, one business trying to send $100,000 the same way is not as easy. Paystand wants to change that.

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Perficient

MAY 30, 2024

Our banking risk and regulatory experts are excited to attend the upcoming XLoD Global event in New York on June 11th. Comey as well as topical discussions spanning regulatory risk, market abuse, and leveraging technology in automation (RPA), data analytics and ML/AI. What is XLoD Global?

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CIO

APRIL 17, 2024

“Suddenly, you can create engaging customer-facing videos at the click of a button,” says Oliver Banks, retail consultant and author of Driving Retail Transformation: How to navigate disruption and change. The new ads were created very quickly,” says Banks. It takes several iterations over weeks to get the drawings right.

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CIO

AUGUST 31, 2023

million members, as a credit union PenFed doesn’t have the resources of a traditional bank. It doesn’t have an innovation lab or center of excellence to help it develop new technologies. I don’t normally get hyped up on technology; I’m much more practical,” Thomas says, adding that his primary focus is always delivering value.

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Perficient

FEBRUARY 22, 2023

Perficient is looking forward to bringing our unique combination of automation technical know-how along with financial services and payments industry expertise to the Banking Automation Summit in Charlotte, North Carolina on March 2-3. Banks are using AI to analyze large amounts of data, make predictions, and automate complex processes.

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TechCrunch

MAY 2, 2022

The Sydney-based company creates hardware and software solutions designed to bring solar-based power to developing markets. The money will go toward scaling out its productions and R&D, while addressing more of the Nigerian and Hatian markets. Our innovation has spurred global demand from utility companies.”.

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Newgen Software

JUNE 5, 2024

Financial institutions, notably banks, grapple with an immense wealth of data encompassing customer demographics, transaction records, and interaction data. Post an insightful day, while enjoying the evening refreshments, I met Natalia, a high-ranking officer in the retail banking division of a prominent regional bank.

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TechCrunch

JULY 22, 2021

On Thursday, the San Francisco-based company announced it raised $5 million in seed funding from a group of backers including Urban Innovation Fund, Tusk Venture Partners, Basis Set Ventures, Liquid2 Ventures, Fika Ventures, Ulu Ventures and Anthemis Group. There is a huge opportunity to unlock the market and have people participate.”.

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TechCrunch

MAY 17, 2021

It’s the same situation in MENA, where only 40% of the population have access to a bank account. Digital banks have enormous potential in the region. However, a fter his experience using N26 while visiting a friend in Berlin in 2015, his eyes opened to the possibilities of digital banking in Egypt. Image Credits: Telda.

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TechCrunch

SEPTEMBER 20, 2021

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B. That involves two parts.

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TechCrunch

APRIL 20, 2021

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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Exadel

JUNE 20, 2023

In today’s world, banking is no longer a purely in-person experience. For many years, the banking industry acted with exclusivity, providing services almost solely to customers who could access bank branches in person. However, as the world has evolved to become more digital, so has the banking industry.

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CIO

SEPTEMBER 14, 2023

Brad Peterson, the company’s CIO and CTO, has been implementing AI for more than a decade and is all in on the promised innovation afforded by generative AI. “We billion in 2022, derives roughly 30% of its business from its markets, trading, and exchange business — and about 40% from software sales and licensing.

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CIO

APRIL 11, 2024

billion USD, countries like the UAE and Saudi Arabia continue to reduce their dependence on oil exports and are instead opting for digital tools and technologies. According to a report from Frost & Sullivan, the GCC cybersecurity industry continues to grow, with F&S estimating it to triple in value by 2030 to reach 13.4

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CIO

MARCH 18, 2024

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. Given existing relationships with Webster Bank, that includes AWS and Microsoft.

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TechCrunch

MARCH 14, 2023

Writer’s note: We’re breaking from our usual formatting this week because there was a once-in-a-generation collapse of one of the biggest banks in the country. On Friday, I wrote about how Silicon Valley Bank has been closed by regulators , which are now in charge of the bank’s deposits. Some advised diversification.

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TechCrunch

MAY 19, 2022

I believed the platform I was running could be a lot bigger and scale a lot faster if we could connect more dots — and basically creating an end to end protein plant,” said Rehmann, who has worked for an investment bank and Microsoft. They concluded that a unique opportunity to rebuild the fish value chain from scratch existed.

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CIO

MAY 27, 2024

Business leaders 10 years ago mostly focused on automation since the main objective of technology investment then was to drive down costs, decrease risk, and boost efficiency. Of course, technology should still boost cost efficiencies, but it also needs to drive revenue at the same time. It’s a different world today.

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Hacker Earth Developers Blog

DECEMBER 26, 2018

Banks have always been custodian of customer data, but they lack the technological and analytical capability to derive value from the data. Hence, leveraging banking data is no longer an ambitious technology project; it is a business imperative. The pioneers are already reaping the rewards.

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Existek

FEBRUARY 7, 2024

How does mobile banking impact the future of the financial industry? Why do banks and financial institutions recognize the potential to offer mobile app services to their customers? Check this article on how to build a mobile banking app and discover the opportunities it opens for your business.

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