Developer Challenges in Commercial Banking

DevOps.com

Much like many other business sectors, the banking industry has had to accelerate their digital transformation efforts as a result of the COVID-19 pandemic. Today’s retail banking industry is a far cry from where it was even just five years ago.

Digital Transformation in Banking – What Is Right for Your Bank?

Trigent

Digital transformation in banking has been an important trend amidst economic uncertainties induced by the pandemic. It is no surprise that Gen-Z and millennials want their banks to be technology-driven with competitive digital solutions.

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A Modern Infrastructure for the Digital Bank

IDC

Discover why banks are making an astronomical jump to cloud technologies to integrate their data to form hybrid infrastructures with IDC's Jerry Silva. Industry banking banks cloud cloud infrastructure

The Evolution of Technology Driven Banking

DevOps.com

The post The Evolution of Technology Driven Banking appeared first on DevOps.com. Business of DevOps DevOps in the Cloud digital transformation fintech DevOps machine learning mobile banking

How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with deep knowledge of the industry and extensive expertise. But times are changing. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. By leveraging the power of automated machine learning, banks have the potential to make data-driven decisions for products, services, and operations. Read the white paper, How Banks Are Winning with AI and Automated Machine Learning, to find out more about how banks are tackling their biggest data science challenges.

Stop Trying to be a Digital Bank

Teradata

Digitization is necessary, but not sufficient to meet evolving customer demands & create the bank of the future. Use data analytics to help customers achieve their goals not deliver better apps

Increase Engagement and Improve Customer Service with Texting for Banks

Zipwhip

Customers use online banking to manage their checking and saving accounts, make payments, view credit card balances, access mortgage and auto loans and get information about investments and retirement planning. Why is texting for banks important? FAQs about texting for banks.

Banks Edge Closer to Ethereum 2.0 Staking

CTOvision

Read why Ian Allison feels that in the near future, mainstream banks could opt for Ethereum 2.0 on Coindesk : Banks could one day be key participants in Ethereum 2.0.

AI in Banking Software: Applications & Challenges Involved

Daffodil Software

That is why banks are trying to go the extra mile for an improved customer experience. ATM machines, card payments, mobile banking, etc. exemplify how the banking sector is continuously evolving and believing in technological advancements like never before.

How DevOps Helps Banks Optimize Their Services

Daffodil Software

A world-renowned bank's CEO was recently quoted as saying that, while there are thousands of manual banks now, the future will see only a handful of digital banks.

Data Science Fails: Building AI You Can Trust

The new DataRobot whitepaper, Data Science Fails: Building AI You Can Trust, outlines eight important lessons that organizations must understand to follow best data science practices and ensure that AI is being implemented successfully.

Wood & Huston Bank: A Love Story With Susie Thompson

Steve Farber

The post Wood & Huston Bank: A Love Story With Susie Thompson appeared first on Steve Farber. Podcast bank culture COPS program extreme leadership Extreme Leadership Methodology LEAP Wood & Huston Bank

How a cloud-based platform can help banks leverage data for valuable insights

DXC

Banks are finding exciting new ways to turn their data into valuable insights. To succeed in this new data-driven world, banks of all sizes are turning to the cloud. The post How a cloud-based platform can help banks leverage data for valuable insights appeared first on DXC Blogs.

How Banking Can Benefit From Conversational AI

Daffodil Software

An overwhelming number of leading banking organizations have been adopting conversational AI to improve customer service and end-user experience. This has been especially evident in the retail banking sector where there is no shortage of competitors.

How QA Testing Drives Digitalization in Banking

Daffodil Software

The banking sector is taking a cue from several industries' digital roadmaps to maximize their prosperity from technology adoption. At the end of the day, quality-assured digital banking services help meet the expectations of technologically equipped customers.

How Banks Are Winning with AI and Automated Machine Learning

Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with deep knowledge of the industry and extensive expertise. But times are changing. Today, banks realize that data science can significantly speed up these decisions with accurate and targeted predictive analytics. By leveraging the power of automated machine learning, banks have the potential to make data-driven decisions for products, services, and operations. Read the white paper, How Banks Are Winning with AI and Automated Machine Learning, to find out more about how banks are tackling their biggest data science challenges.

Six open banking strategy blueprints

Beyond B2B

Since open banking has moved away from the area of "check-the-box compliance” and into the area of innovative opportunities, it has also become a topic of strategic interest.

The Future of Banking is Connected: 5 Top Trends to Watch Out For in 2021

Newgen Software

Banks have always been early adopters of technology, and the pandemic has only further accelerated their digital initiatives. Let’s take a sneak peek into the future of banking with five key trends that are predicted to revolutionize […]. Banking Digital Transformation

All You Need To Know About Cloud Banking

Daffodil Software

The banks of today are witnessing sweeping changes at an unprecedented pace. Changing consumer expectations, new technology innovations, and unconventional business models are driving these changes in the banking sector.

The Digital Transformation of Wholesale Banking and its Future Trends

RapidValue

The global wholesale banking industry is evolving at an unprecedented pace, driven by technological advances and a more demanding customer base. Fortunately, new technology not only enables a customer experience that is more closely aligned with expectations but also helps bank back offices enjoy greater automation, efficiency, and cost savings. Banks that ignore legacy systems and focus only on the client-facing front-end systems can not be a part of true digital transformation.

Build or Buy an LMS? How to Pick the Right Solution for Your Budget

BUDGET. When it comes to picking your next LMS that six-letter word is probably the most important part of the decision-making process. So, what are your options to get the best possible eLearning solution without breaking the bank? Build it or buy it. This guide from Lambda’s eLearning experts details absolutely everything you need to consider so you can pick the perfect eLearning solution for your organization and budget.

Banking System: Managed Economies vs. Capitalist States

CEO Insider

The banking sector is one of the most critical aspects of a country’s economy, despite their preferred economic systems. Banks play a critical role in an economy by facilitating funds allocation from the savers to borrowers.

Technologies that power open banking

Beyond B2B

Financial services are built on trust, and it is vital for banks that their clients trust them. Integration & APIs

5 Ways Innovative Workflows Reduce Banking Errors

Docuphase

But it doesn’t work that way when banks make mistakes. Instead, you get PR disasters and dire news like the following recent headlines: Workflow Automation banking technologyMistakes happen. It’s a fact of life.

A call to rethink the banking value chain

DXC

Banking & Capital Markets Digital Transformation Distinguished Technologists Platform api banking core banking fintech KYC platform value chainFinancial services is shifting to platforms for business functions and processes, and that’s a good thing. Moving from applications to Software as a Service (SaaS) and then to Platform as a Service (PaaS) can create new value chains.

From an Agency Serving Clients to Their Own Fintech Product

Read a success story of a Canadian full stack digital agency, which managed to release its own fintech product thanks to hiring only 1 developer on a dedicated model. We explain the details of how to outsource product development right!

Decoding the Challenges and Priorities for Banks and Credit Unions in 2022

Newgen Software

Banks and credit unions have been in turmoil since 2020. The post Decoding the Challenges and Priorities for Banks and Credit Unions in 2022 appeared first on Newgen. Banking

Lloyds Banking Group

Teradata

Lloyds Banking Group executes analytic projects that benefit the customer journey for multiple brands within Lloyds Banking Group

Sustainable Banking Using a Modern Content Services Platform

Newgen Software

With the world waking up and moving towards low carbon emissions, banks have a major role in enabling this change. The post Sustainable Banking Using a Modern Content Services Platform appeared first on Newgen.

The Coming Bank-Bitcoin Boom: Americans Want Cryptocurrency From Their Banks

CTOvision

Not among banks, […].

Your Team's Pragmatic Guide to Security

Speaker: Naresh Soni, CTO, Tsunami XR

The pandemic has led to new data vulnerabilities, and therefore new cybersecurity threats. As technology leaders, it's time to rethink some of your product security strategies. Whether you need to rework your security architecture, improve performance, and/or deal with new threats, this webinar has you covered.

Nordea Bank

Teradata

Applying cognitive automation to keep pace with increasingly complex financial regulations and consumer expectations

Process mining helps banks comply with sanctions

Beyond B2B

Sanctions violations in banking have become a political hot potato due to the situation in Ukraine. ARIS Business Transformation

DevOps Transformation at ABN AMRO Bank

Agile Alliance

Bitcoin, other crypto assets targeted for stiff banking regulation

CTOvision

Read why Simon Clark says that the cryptocurrency boom could soon be over since the proposed Basel norms would require every bank to back the Bitcoin they possess with an equivalent dollar reserve on Live Mint : The top global standard setter for banking regulation proposed a strict new rule that would require banks to […]. News bitcoin

How open banking ecosystems emerge

Beyond B2B

Open banking is more than just APIs for banks; it requires the emergence of a digital ecosystem that fosters the active collaboration among banks and fintechs.

Look Out for Risks in Open Banking!

Teradata

Open Banking is re-shaping the landscape of financial services and introducing new types of risks extending beyond data security. Secure open banking is everyone’s responsibility

Challenges of Adopting SAFe in the Banking Industry – A Study Two Years after its Introduction

Agile Alliance

We have found several experience reports and white papers describing SAFe adoptions in different banks, which indicates that SAFe is being used in the banking industry. However, there is a lack of academic publications on the topic, the banking industry … Continued. The post Challenges of Adopting SAFe in the Banking Industry – A Study Two Years after its Introduction first appeared on Agile Alliance.

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The 5 tech improvements banks and other financial institutions will need to maintain AML compliance

DXC

Banks have been focused on identifying and preventing money laundering and terrorist financing for about two decades, using both manpower and technology. The major technology improvements required by banks and financial institutions to […].

How AI is Transforming Banks & Banking

Dataiku

Data has always been the foundation of the banking industry. What has changed in recent years, of course, is the amount of data available and the speed at which it is processed as well as the need to quickly respond to market changes. EnterpriseAI financial services Data Transformation