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Banking on customer experience and security via technology-based innovation

CIO

After weeks of exhausting back-and-forth requests and paperwork transferred in ways that seem naively unsecure by today’s standards, their prize was the key to the front door. Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on.

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Back to the Financial Regulatory Future

Cloudera

It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008. While this might be a blast from the past we’d rather leave in the proverbial rear-view mirror, in March of 2023 we were back to the future with the collapse of Silicon Valley Bank (SVB), the largest US bank to fail since 2008.

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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

In a statement shared with TechCrunch, Smile Identity said it is “actively fulfilling regulatory requirements to finalize the transaction for the [Inclusive Innovation] affiliated entities in Africa.” Founded by Mark Straub and William Bares in 2017, Smile Identity is a major player in Africa’s ID verification and KYC compliance industry.

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“Cloud adoption momentum in the GCC will gain further impetus in 2024”

CIO

As we approach the year 2024, Jyoti Lalchandani discusses with CIO Middle East 2024’s top tech trends and future CIO challenges. Use cases in areas such as customer service, financial reporting, content marketing, code development and others are being taken up by early adopters.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO

It is already at work in our business — preventing market interruptions, creating new kinds of intelligence for investors, and stopping financial criminals in their tracks,” Peterson says. No doubt, Nasdaq is bullish on generative AI.

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Due diligence is ever more critical as the battle for cloud sovereignty intensifies

CIO

Also, shouldn’t an announcement like this ideally be backed up with a roadmap? After Google’s cooperation with T-Systems and the “ Delos ” offer from Microsoft, SAP, and Arvato, AWS now follows suit. So, what does a pledge mean? Otherwise, why would it be a pledge? Where is the guarantee that items in this pledge will be fulfilled?

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Y Combinator calls on Congress to act on SVB collapse

TechCrunch

The memo asks two things: that small-business depositors at SVB will be made whole through regulators conducting a back stop, and that Congress restores “stronger regulatory oversight and capital requirements for regional banks, and any malfeasance or mismanagement on the part of SVB executives leading to this failure should be investigated.”

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