CIO

SEPTEMBER 29, 2023

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. In short, yes. But it’s an evolution.

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CIO

MARCH 5, 2024

Recently, that’s exactly the course Gisela Riggan, EVP and CIO at Prosperity Bank, chose to pursue, and she selected BMC as her technology partner. Prosperity Bank already has a strong reputation for running a lean, profitable business. What makes us unique is that we still have a community bank philosophy.

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CIO

APRIL 11, 2023

The financial services sector is undergoing rapid change as fintechs develop convenient, consumer-focused services that were once the province of traditional banks. Many established financial institutions have very good core business capabilities, but their technology platforms tend to be archaic and rigid.

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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. This is a challenge for many CIOs.

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CIO

AUGUST 22, 2022

Along with nearly every other industry, banking is facing greater competitive pressure than ever. The need for innovation is growing, along with the ability to deliver more effortless experiences for customers and employees. Technology innovation is making a significant difference here.

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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

OCTOBER 20, 2023

For banks, data-driven decisions based on rich customer insight can drive personalized and engaging experiences and provide opportunities to find efficiencies and reduce costs. Organizations must ensure their technology stack can handle immense data flow. Embrace AI-driven innovation Innovation is at the heart of Bud’s operations.

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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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TechCrunch

MARCH 25, 2021

Meniga , the London fintech that provides digital banking technology to leading banks, has closed €10 million in additional funding. Meniga says the funding will be used for continued investment in R&D, and in particular further development of green banking products — building on its carbon spending insights product.

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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

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

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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TechCrunch

MAY 12, 2023

The urge to reduce costs imperils continued investment in innovative financial products and services, while at the same time customers have higher expectations than ever for easy, effective, and great experiences. Or, the UK’s Financial Conduct Authority fining GT Bank £7.8m Effective onboarding is fintech’s Achilles’ heel.

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TechCrunch

OCTOBER 15, 2021

Ximena Aleman is co-founder and chief business development officer at Prometeo , an open banking platform that serves Latin America. Fintech companies are increasingly collaborating with traditional players like banks, payment agencies, insurance providers and stock exchanges. Ximena Aleman. Contributor. Share on Twitter.

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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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CIO

JUNE 13, 2023

The pace of innovation is relentless. CIOs must watch for the next generation of emerging technologies because new software can go from the dreams of some clever coder to an essential part of every IT shop in the blink of an eye. The next generation promises to deliver the same unstoppable parade of innovation.

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TechCrunch

NOVEMBER 24, 2020

challenger bank Current, which has doubled its member base in less than six months, announced this morning it raised $131 million in Series C funding, led by Tiger Global Management. The additional funds will be used to further develop and expand Current’s mobile banking offerings, the company says.

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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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CIO

DECEMBER 8, 2022

The author of six books, including his latest, Digital Transformation for Dummies , Jensen’s career journey spans 20 years of transformational leadership in CTO, CIO, and CDO roles at organizations like Danske Bank, IBM, and Memorial Sloan Kettering Cancer Center. Jensen, chief innovation officer, Teladoc. Teladoc Claus T.

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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

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

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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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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TechCrunch

OCTOBER 19, 2021

Earlier this month, Citibanamex — Mexico’s second-largest bank — announced that it is building new APIs to allow fintech companies real-time access to information like its services and ATM locations. The move comes as Mexico’s fintech ecosystem flourishes so fiercely that traditional banks have to embrace them or risk lagging behind.

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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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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

MAY 5, 2021

Chime can apparently call itself the “ fastest-growing fintech in the U.S. ,” but it has agreed to stop referring to itself as a “bank,” per a new report out of American Banker. The development shouldn’t surprise anyone familiar with banking laws. How Robinhood and Chime raised $2B+ in the last year.

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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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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.

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CIO

MARCH 13, 2023

Two decades of technology-driven transformation has left many financial services firms with significant complexity and technical debt. In a rapidly changing environment, IT leaders can no longer put off the critical modernization decisions required to ensure secure and resilient operations, which enables rapid innovation and growth.

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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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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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CIO

MAY 9, 2024

The mainframe has long stood as a technological marvel, profoundly shaping the digital landscape since the mid-twentieth century. Mainframes were not just technological artifacts but the backbone of the computing revolution. Dispelling misconceptions, mainframes are not relics of the past but beacons of innovation.

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CIO

MARCH 18, 2024

Technology has a critical role to play in any organization’s social sustainability strategy. And according to a survey from NTT, a majority of senior executives recognize this and are actively working to harness digital technology and innovation to support their social sustainability initiatives. That number is set to grow.

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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. 5 innovative fundraising methods for emerging VCs and PEs.

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