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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. In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. In short, yes. But it’s an evolution. Fraud detection and prevention.

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

CIO

With the goal to enhance intelligence in the digital banking arena, Huawei has unveiled a new framework to bolster infrastructure resilience. At the same time, Huawei’s all-flash storage will continue to support its financial customers. Huawei believes in two lines of defense against this threat.

Banking 147
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Enterprise Storage Solution Provider of Choice: The Case Studies

CIO

Most of Petco’s core business systems run on four InfiniBox® storage systems in multiple data centers. For the evolution of its enterprise storage infrastructure, Petco had stringent requirements to significantly improve speed, performance, reliability, and cost efficiency. Infinidat rose to the challenge.

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Banking on customer experience and security via technology-based innovation

CIO

Quick loan approvals, online applications, personalized lending options, and massive data breaches create pressure for banks to focus on customer experience and security to compete with more technically mature and agile competition. Security and privacy. Conducted by Quadrant Strategies for Iron Mountain.

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It’s time to go paperless: are bank branches ready?

CIO

When the chief banking officer of a $10.3B community bank visited a competing super-regional branch in her suburban New Jersey neighborhood, she noticed something troubling. Today’s rapidly rising rate environment is driving activity across the country’s 72,000 bank branches 2. Consider the following real-world scenarios. ●

Banking 226
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Jiko banks $40M in Series B funding to offer companies a way to park their cash in T-bills

TechCrunch

Jiko started its life as a mobile bank for consumers. But over time, the fintech startup has evolved its model – mostly fueled by demand – and is now making a push into corporate money storage. In 2020, Jiko made headlines by being the first fintech to acquire a nationally regulated U.S. Sign up here to get it in your inbox.

Banking 230
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Energy Dome gets $44M uplift into its CO2 battery for renewable energy storage

TechCrunch

Italian climate startup Energy Dome , which has developed a “CO 2 Battery” for storing renewable energy, has closed a €40 million (~$44M) Series B round — bringing the total raised for its novel energy storage solution to €54M (or just shy of $60M).

Energy 172