CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. Almost 33% of respondents claim that machine learning can lead to improved customer experience. 5G aids customer service.

Banking 363

Banking Artificial Intelligence Financial Architecture 363

CIO Business Intelligence

OCTOBER 30, 2024

Whether it’s a financial services firm looking to build a personalized virtual assistant or an insurance company in need of ML models capable of identifying potential fraud, artificial intelligence (AI) is primed to transform nearly every industry. And the results for those who embrace a modern data architecture speak for themselves.

Enterprise 349

Enterprise Enterprise Architecture Survey 349

CIO Business Intelligence

DECEMBER 8, 2024

At the office opening, His Excellency Omar Sultan AlOlama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, praised Salesforces role in the region, noting: Salesforce is the right player in our ecosystem.

Artificial Intelligence 264

Artificial Intelligence Government Healthcare Banking 264

CIO Business Intelligence

SEPTEMBER 29, 2023

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.

Banking 334

Banking Financial Dell Artificial Intelligence 334

Information Week

JANUARY 31, 2019

Artificial intelligence can accomplish a lot in the banking sector, and the CEO who doesn't embrace AI could be looking at the end of their career.

Banking 281

Banking Artificial Intelligence 281

CIO Business Intelligence

APRIL 28, 2023

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines.

Banking 354

Banking Data Financial Software Development 354

CIO Business Intelligence

NOVEMBER 5, 2024

Once synonymous with a simple plastic credit card to a company at the forefront of digital payments, we’ve consistently pushed the boundaries of innovation while respecting tradition and our relationships with our merchants, banks, and customers. We live in an age of miracles.

CTO 330

CTO Artificial Intelligence Examples System 330

Computer Weekly

SEPTEMBER 7, 2017

The CEO of Deutsche Bank said a "big number of staff will eventually be replaced by robots” as it looks towards artificial intelligence technology

Banking 249

Banking Artificial Intelligence 249

IT Toolbox

MARCH 5, 2024

Find out why partnerships are the best way for traditional banks to harness AI if they don’t want to lose customers. The post How AI Partnerships Can Empower Traditional Banks? appeared first on Spiceworks.

Banking 342

Banking Artificial Intelligence 342

Network World

FEBRUARY 17, 2025

Artificial intelligence (AI) has gained significant traction among business leaders keen to explore ways it can drive operational efficiencies and cost savings. Real-time verification speeds up processes like account openings and loan approvals so that banks can acquire and manage customer assets sooner.

Artificial Intelligence 339

Artificial Intelligence Microsoft Financial Energy 339

CIO Business Intelligence

SEPTEMBER 10, 2024

The artificial intelligence revolution is well underway, but how ready are banks and lenders to leverage the full breadth of these capabilities? And while some banks and lenders have made these integrations to varying degrees of success, others are struggling to fully embrace this next technological chapter.

Banking 279

Banking Financial Artificial Intelligence Study 279

CIO Business Intelligence

OCTOBER 20, 2023

With the power of real-time data and artificial intelligence (AI), new online tools accelerate, simplify, and enrich insights for better decision-making. For banks, data-driven decisions based on rich customer insight can drive personalized and engaging experiences and provide opportunities to find efficiencies and reduce costs.

Financial 328

Financial Banking Google Artificial Intelligence 328

CIO Business Intelligence

AUGUST 5, 2022

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. For Emmanuel Morka, CIO at Access Bank Ghana, open banking is the future and enterprises should seize on the opportunity.

Banking 299

Banking System Data Guidelines 299

CIO Business Intelligence

MAY 16, 2023

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 260

Banking Artificial Intelligence Financial Security 260

CIO Business Intelligence

JULY 20, 2023

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

Banking Security Artificial Intelligence Research 246

CIO Business Intelligence

FEBRUARY 5, 2024

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 299

Banking Oracle Financial Cloud 299

CIO Business Intelligence

AUGUST 28, 2022

How has banking evolved during the rapid digitisation of recent years? Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. One example is Banking-as-a-Service, with the market expected to reach US$3.6

Banking 246

Banking Strategy Cloud Trends 246

CIO Business Intelligence

SEPTEMBER 2, 2022

How has banking evolved during the rapid digitisation of recent years? Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. One example is Banking-as-a-Service, with the market expected to reach US$3.6

Banking 246

Banking Strategy Cloud Trends 246

CIO Business Intelligence

MARCH 5, 2025

Agentic AI is the use of systems that act with more autonomy and self-regulation than other forms of artificial intelligence. The platform demonstrates EXLs continued innovation and investment in the development of new AI solutions across key functions in insurance, healthcare, banking and capital markets, and other industries.

Artificial Intelligence 214

Artificial Intelligence Insurance Enterprise Enterprise 214

CIO Business Intelligence

APRIL 12, 2024

Global banks and investment firms are currently mulling plans to replace entry-level financial analyst positions with artificial intelligence (AI), with as many as two-thirds of these positions potentially on the chopping block.

Financial 359

Financial Artificial Intelligence Banking Report 359

CIO Business Intelligence

MARCH 4, 2025

Artificial intelligence: Driving ROI across the board AI is the poster child of deep tech making a direct impact on business performance. According to a recent IDC study, companies using AI are reporting an average of $3.70 in returns for every $1 invested , with some seeing over $10 in ROI.

Industry 295

Industry Strategy Artificial Intelligence Research 295

CIO Business Intelligence

JANUARY 6, 2025

AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. The financial sector will see rapid adoption of digital payments, open banking, and Central Bank Digital Currencies (CBDCs).

Trends 203

Trends Energy Healthcare Government 203

CTOvision

MARCH 24, 2020

These and many other insights are from Capgemini’s Reinventing Cybersecurity with Artificial Intelligence Report published this week. Capgemini Research Institute surveyed 850 senior executives from seven industries, including consumer products, retail, banking, insurance, automotive, utilities, and telecom.

Artificial Intelligence 274

Artificial Intelligence Automotive Insurance Banking 274

CIO Business Intelligence

MARCH 20, 2025

Generative and agentic artificial intelligence (AI) are paving the way for this evolution. Sumana De Majumdar, global head of channel analytics at HSBC, noted that AI and machine learning have played a role in fraud detection, risk assessment, and transaction monitoring at the bank for more than a decade.

Enterprise 233

Enterprise Enterprise Insurance Artificial Intelligence 233

CIO Business Intelligence

DECEMBER 18, 2024

Among them: Banking: Organizations are delivering personalized solutions with recommendations and enhancing customer service operations with avatar-assisted services and Natural Language Processing (NPL) chatbots that fulfill service requests promptly.

Financial 263

Financial Microsoft Banking Devops 263

Network World

JULY 31, 2024

“Looking forward, the cloud model remains incredibly well-positioned to serve customer needs for innovation in application development and deployment, including as data, artificial intelligence/machine learning (AI/ML), and edge needs continue to define the forefront of innovation,” Smith added.

Cloud 436

Cloud Artificial Intelligence Healthcare Insurance 436

CTOvision

MARCH 31, 2020

Read Naresh Kumar Shaktivel take look at whether artificial intelligence in the financial sector is transparent and traceable on Finextra : As banks think about applying machine learning and Artificial Intelligence (AI) technologies, they have to remember that they have a responsibility towards their customers and society – all of this in a (..)

Artificial Intelligence 241

Artificial Intelligence Banking Financial 241

CIO Business Intelligence

DECEMBER 3, 2024

A high-street bank in the UK shows just how necessary it is to tackle the challenges that modernisation poses systematically. The prioritisation and implementation of steps have to be adapted accordingly in order to achieve specific business objectives.

Industry 305

Industry IBM Applications Banking 305

Network World

DECEMBER 16, 2024

Error correction capabilities are crucial for enabling stable, predictable, and accurate quantum-based solutions, especially in the context of financial applications we are running in the bank, Avidan says. Error correction will definitely accelerate the adoption of quantum-based solutions in the bank. Artificial intelligence.

IBM 398

IBM Microsoft Research System 398

CTOvision

SEPTEMBER 1, 2020

said Wednesday it has developed a more advanced artificial intelligence system that can approve or decline credit and debit transactions on behalf of banks whose own networks are […].

Artificial Intelligence 239

Artificial Intelligence Tools Banking Network 239

CIO Business Intelligence

MAY 7, 2024

At the same time, Artificial Intelligence (AI) is quickly becoming recognised as a keystone for future growth. Facilitating next generation banking in Myanmar During “Digital Transformation creates value and Intelligence guides us to the future” session KBZ Bank shared their journey to offer mobile payments to every person in Myanmar.

Banking 325

Banking Artificial Intelligence Mobile Construction 325

CIO Business Intelligence

FEBRUARY 18, 2025

Artificial intelligence (AI) tools have emerged to help, but many businesses fear they will expose their intellectual property, hallucinate errors or fail on large codebases because of their prompt limits. Banks see faster migrations Enterprises in the financial services industry are already reaping the benefits.

Government 130

Government Data Open Source Banking 130

GeekWire

FEBRUARY 6, 2025

In a new demonstration of the potential to improve artificial intelligence without breaking the bank, researchers from the University of Washington, Seattle’s Allen Institute for AI (Ai2), and Stanford University have developed a technique that makes AI models “think” longer before answering.

Research 123

Research Open Source Artificial Intelligence Training 123

CIO Business Intelligence

FEBRUARY 10, 2023

As our world becomes more inter-connected and based in artificial intelligence, user experience becomes even more critical to drive customer and employee satisfaction and retention. This will require artificial intelligence that enables security to rapidly adapt to each customer’s environment.

Trends 306

Trends Artificial Intelligence Wireless Cloud 306

CIO Business Intelligence

MAY 24, 2022

Deloitte estimates that compliance costs for banks have increased by 60% since the financial crisis of 2008, and the Risk Management Association found that 50% of financial institutions spend 6 to 10% of their revenues on compliance. Artificial Intelligence, Compliance, Robotic Process Automation

Artificial Intelligence 363

Artificial Intelligence Financial Banking Analysis 363

Tech Republic Security

NOVEMBER 9, 2023

Commonwealth Bank of Australia cyber defence operations leader Andrew Pade is building an AI legacy that will protect customers from cyber attacks and security professionals from career burnout.

Security 414

Security Banking Artificial Intelligence 414

CIO Business Intelligence

DECEMBER 9, 2024

A high-street bank in the UK shows just how necessary it is to tackle the challenges that modernisation poses systematically. The prioritisation and implementation of steps have to be adapted accordingly in order to achieve specific business objectives. Stabilisation and extensive modernisation were called for to boost its business results.

Industry 245

Industry IBM Applications Banking 245