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PenFed to bank on gen AI for hyper-personalization

CIO

million members, as a credit union PenFed doesn’t have the resources of a traditional bank. For years, CIOs have invested in data initiatives — data science, business intelligence, analytics — and they’ve also investing in digital channels, Thomas explains. Even with more than 2.9

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Locality Bank by Praxent

Praxent

Data warehousing and business intelligence systems will empower bank to take control of their data AUSTIN, Texas-( BUSINESS WIRE )- Locality Bank , a digital-first community bank, is reinventing local business banking by combining the best of personal relationships with modern technology.

Banking 52
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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

To be successful, an AI proof of concept (PoC) project also needs to make good business sense, says CIO Vikram Nafde, CIO at Connecticut-based Webster Bank. The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says.

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Tibco: Business intelligence and analytics provider

CTOvision

Their solutions have served business users, including the more advanced statisticians and data scientists but also the average user. We track Tibco in our Disruptive IT Directory in the category of Business Intelligence and Analytics Companies. For more info see Tibco.com.

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Sleek secures $14M Series A to enhance its corporate service platform

TechCrunch

Entrepreneurs and small and medium enterprises (SMEs) often struggle to deal with several siloed functions, such as company secretary, bookkeeping, banking, tax, payroll, employment services, insurance and more. Sleek recently launched Sleek Business Account that simplified opening bank accounts for SMEs.

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Tibco: Business intelligence and analytics provider

CTOvision

Their solutions have been applied across multiple industries, with use cases and reference architectures available for Airlines, Banking, Capital Markets, Government, Healthcare, Insurance, Life Sciences, Logistics, Manufacturing, Oil and Gas, Rail, Retail, Telecommunications and Utilities. For more info see Tibco.com.

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CECL Compliance – Time it right

Newgen Software

The rider on the CECL Compliance mandate – banks need to maintain reserves for all loan types, impaired or not. A much-needed huddle of chief credit officers, chief financial officers, chief risk officers, chief information officers, compliance officers, and business intelligence officers to prepare for the future.