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FIS Launches First in a New Series of AI-Enabled Risk Solutions with C3 AI for Financial Services Industry

DevOps.com

Key facts FIS AML Compliance Hub is the first in a new line of AI-based solutions from FIS for capital markets firms. New solution uses artificial technology to aggregate and analyze client data across financial crime detection systems such as know your customer (KYC) and anti-money laundering (AML) to improve outcomes.

Industry 102
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Industry clouds give CIOs on-ramp to gen AI

CIO

And that’s all thanks to Beltzer’s decision to give RBC private equity advisors a vertical industry cloud that offered financial services out-of-the-box that are both customizable and extensible. Beltzer had consider Microsoft Dynamics, among other full-suite CRMs, before settling on Salesforce’s industry-focused offering.

Industry 334
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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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Think you can ignore quantum computing? Think again.

CIO

Dustin Moody, leader of PQC at NIST NIST According to Moody, several countries — including the UK, Germany, France, and the Netherlands — have already announced their intentions to use the four PQC solutions approved by NIST, and the International Standards Organization (ISO) will add them to their own list of norms.

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Why cloud evolution needs a cohesive approach to succeed

CIO

This is what Mobicule Technologies , an independent software vendor (ISV) in fintech, realised as they expanded their client base in India’s financial services industry. In financial services , security and compliance are as important as reliability and responsiveness.

Cloud 272
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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO

There is a promising surge in the use of AI technologies across various industries. After years of IT expanding into non-traditional responsibilities, we’re now seeing how AI is forcing CIOs back to their core mandate,” Ken Wong, president of Lenovo’s solutions and services group, said in a statement.

Survey 308
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MWC 2024 Replay: Huawei unlocks resilient, ‘non-stop’ banking with four-pronged solutions strategy

CIO

Speaking at Mobile World Congress 2024 in Barcelona, Jason Cao, Huawei’s CEO of Digital Finance BU, acknowledged that digital financial services are “booming” and that the rise of open architecture as well as emerging technologies like generative AI will have an impact on key fields in the industry such as financial engagement and credit loans.

Banking 141