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Optimizing PCI compliance in financial institutions

CIO

Financial institutions must ensure the protection of sensitive personal information, most commonly payment card data, to maintain, trust and meet various regulatory requirements. The Payment Card Industry Data Security Standard (PCI DSS) is a crucial framework to which financial institutions must adhere.

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Should finance organizations bank on Generative AI?

CIO

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. Financial organizations want to capture generative AI’s tremendous potential while mitigating its risks. And the finance industry is investing to do so. billion by 2032.

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Huawei unveils four strategic directions for the future of finance

CIO

He also noted that compute power is now entering the zettaflop era to power AI as it passes the inflection point of driving transformation across a spectrum of industries and services. A lot of unstructured data of financial institutions is not effectively used. Huawei’s new Data Intelligence Solution 3.0

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Building resilient infrastructure: the key to cloud-native, real-time decision-making

CIO

He also noted that compute power is now entering the zettaflop era to power AI as it passes the inflection point of driving transformation across a spectrum of industries and services. A lot of unstructured data of financial institutions is not effectively used. Huawei’s new Data Intelligence Solution 3.0

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Bots and beyond: How the AI revolution is shifting the paradigm for customer experience in smart banking

CIO

Creating a first-rate, secure digital customer experience is a top goal for leaders across the financial services spectrum, from retail banking to commercial lending, investment banking, and wealth management. But achieving success isn’t easy in a highly regulated industry saddled with legacy technology and applications.

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Think you can ignore quantum computing? Think again.

CIO

“It’s been known since the 1990s that a large-scale quantum computer will be able to break many of the crypto systems we rely on for security,” says Dustin Moody, leader of Post Quantum Cryptography (PQC) at the National Institute for Standards and Technology (NIST) in Maryland. Companies may not be talking about it out loud,” he says.

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Mastercard preps for the post-quantum cybersecurity threat

CIO

Other enterprises in the financial sector are also exploring QKD. On a parallel track, public institutions such as the National Institute of Standards and Commerce (NIST) are following the “harden-the algorithms” PQC approach. Mastercard’s project focuses on the latter method. And it was successful.

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