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Should finance organizations bank on Generative AI?

CIO Business Intelligence

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. Customer experience.

Banking 334
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Multicloud: Tips for getting it right

CIO Business Intelligence

But even the IT environments of companies in less complex industries often now resemble a conglomeration of local data centers, virtual machines, mobile devices and cloud services. However, if you work with Office 365 and other Windows-based applications, Microsofts Azure is the better choice.

Cloud 227
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Banking on customer experience and security via technology-based innovation

CIO Business Intelligence

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.

Banking 246
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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

We may look back at 2024 as the year when LLMs became mainstream, every enterprise SaaS added copilot or virtual assistant capabilities, and many organizations got their first taste of agentic AI. CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI.

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Modernizing the mainframe for the digital era

CIO Business Intelligence

I’m a banking technologist,” says the CIO for retail, business, and digital banking at M&T Bank. He’s doing just that on the bank’s IBM Z system mainframes, for which the bank has written some 10 million lines of code over the years. The bank’s use of its mainframes is two-pronged. M&T Bank.

IBM 360
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Global public cloud spending to hit $805B in 2024 with AI driving growth

Network World

“Cloud now dominates tech spending across infrastructure, platforms, and applications,” Eileen Smith, group vice president of Data & Analytics at IDC said in the report. Within this category, security software will be the top investment area, matching the spending levels of ERM and CRM in the SaaS applications category.

Cloud 435
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Lloyds Bank to use virtual reality to test applicants for graduate programme

Computer Weekly

Bank will use virtual reality to test potential recruits in situations that are otherwise difficult to recreate

Banking 100