This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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.
They wanted to be able to embed AI in each transaction without slowing down those transactions, said Elpida Tzortzatos, IBM Fellow and CTO of AI on IBM Z. That] is the interesting story, and [how] thats going to unlock applications at some of the biggest banks, telcos, retailers, government departments, Dickens said. IBM z/OS 3.2
Even modest investments in database tooling and paying down some data management debt can relieve database administrators of the tedium of manual updates or reactive monitoring, says Graham McMillan, CTO of Redgate. Lanzani shares an example of a banks customer-facing chatbot.
To capitalize on the enormous potential of artificialintelligence (AI) enterprises need systems purpose-built for industry-specific workflows. Enterprise technology leaders discussed these issues and more while sharing real-world examples during EXLs recent virtual event, AI in Action: Driving the Shift to Scalable AI.
The 36,000-square-foot innovation hub will be led by the company’s CTO, Saurabh Mittal, and Markandey Upadhyay, head of business intelligence unit for Piramal. CIO.com caught up with Mittal to know more about his plans for the innovation lab, as well as the technology strategy for the financial services company.
Customer concerns about old apps At Ensono, Klingbeil runs a customer advisory board, with CIOs from the banking and insurance industries well represented. Banking and insurance are two industries still steeped in the use of mainframes, and Ensono manages mainframes for several customers.
Error correction is vital for enterprise users of quantum computing, says Yoram Avidan, CTO of Citigroups Innovation Lab and global head of Citi Accelerator. Error correction will definitely accelerate the adoption of quantum-based solutions in the bank. Artificialintelligence. Whats the deal with error correction?
By Leonard Kleinman, Field ChiefTechnologyOfficer (CTO) ) Cortex for Palo Alto Networks JAPAC Many things challenge how we practice cybersecurity these days. ArtificialIntelligence, IT Leadership, Machine Learning
Michael Beckley, CTO and founder of Appian, says document processing is a boring gen AI use case with significant business potential. Other document processing use cases include conducting clinical trials in life sciences, loan underwriting in retail banking, and insurance claims processing.
He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. Amit Goel joins Blox as CTO. Real estate buying platform Blox has appointed Amit Goel as its chieftechnologyofficer, based in Mumbai.
The technology is relatively new, but all the major players are already on board. In October, Microsoft announced that 100,000 organizations including Standard Bank, Thomson Reuters, Virgin Money, and Zurich Insurance are using Copilot Studio, double the number just months earlier. There are too many separate tasks in too many places.
JP Morgan Chase president Daniel Pinto says the bank expects to see up to $2 billion in value from its AI use cases, up from a $1.5 One is going through the big areas where we have operational services and look at every process to be optimized using artificialintelligence and large language models. billion estimate in May.
As enterprises across Southeast Asia and Hong Kong undergo rapid digitalisation, democratisation of artificialintelligence (AI) and evolving cloud strategies are reshaping how they operate. These goals reflect our vision for a future-ready, adaptive, and collaborative organisation.
Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificialintelligence (AI). So business technology leaders in financial services are carefully navigating a path toward AI. Banks have to get ready to take the step forward.”
According to a Bank of America survey of global research analysts and strategists released in September, 2024 was the year of ROI determination, and 2025 will be the year of enterprise AI adoption. But things are going to get really interesting when agents start talking to each other, says Babak Hodjat, CTO of AI at Cognizant.
Healthcare operations have been slow to change but now are catching up Unlike banking and financial services, healthcare operations have been slower to adopt AI-backed digital technology until now. Jay Nambiar is the chieftechnologyofficer for the healthcare business at EXL. ArtificialIntelligence
(Archway Photo) Key Takeaways Archway , spun out of Washington Federal (WaFd), provides digital banking infrastructure to regional banks. The Seattle-area startup raised $15 million in a round co-led by WaFd Bank and Madrona Venture Group. The goal is to help community banks stay competitive with giants like J.P
Still, a report surfaced earlier this month that global banks and investment firms are examining the possibility of replacing entry-level financial analyst positions with AI. Employee training on AI is essential, says Sam Ferrise, CTO at Trinetix, a tech consulting firm. ArtificialIntelligence, Staff Management
The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificialintelligence and machine learning (ML) technology. But the CTO and co-founder says that scaling to meet that demand presents its own challenges, which require self-reflection.
The CIO’s role is traditionally focused on operations and security, while the CTO, a more recent position, drives innovation and development. We are no longer simply a bank providing financial services; we’re a tech company delivering those services (financial services, to be sure) to our customers through technology.
As Jyothirlatha, CTO of Godrej Capital tells us, Being a pandemic-born NBFC (non-banking financial company), a technology-first approach helps us drive business growth. Since technology evolves rapidly, ensuring seamless adoption while keeping business teams aligned requires continuous change management.
Reflecting on the past year and especially everything we’ve seen, heard and experienced in the realm of artificialintelligence I keep coming back to something that Microsoft’s chieftechnologyofficer, Kevin Scott, said in May. Continue reading for the backstory. I uploaded that to Udio.
Two decades of technology-driven transformation has left many financial services firms with significant complexity and technical debt. There is no option for banks to ignore the increasing complexity and technical debt,” says Nick Drouet, CTO and Distinguished Engineer, Kyndryl UK and Ireland.
By Andy Nallappan, ChiefTechnologyOfficer & Head of Software Business Operations, Broadcom This is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. Stay tuned for future blogs that dive into the technology behind these trends from more of Broadcom’s industry-leading experts.
Widner, a board member at Lighter, most recently served as managing partner at the venture capital arm of the National Australia Bank. ” — Uber appointed Sukumar Rathnam as its new chieftechnologyofficer. Law firm Dorsey & Whitney LLP named Lawrence Ward as head of its Seattle office. The Redmond, Wash.,
Brad Peterson, the company’s CIO and CTO, has been implementing AI for more than a decade and is all in on the promised innovation afforded by generative AI. “We It has also made significant acquisitions, notably of Newfoundland-based Verafin, whose AI-based financial crime management solution supports 2,400 banking customers globally.
Banks and other financial institutions, especially, are integrating AI to streamline customer interactions and improve service efficiency. That wasn’t entirely the case with AirHelp, according to its chieftechnologyofficer, Tim Boisvert.
In addition to these risks, data breaches, ransomware attacks, and unexpected global outages can cause serious damage to mission-critical initiatives, no matter the company size or vertical, says Arvind Nithrakashyap, co-founder and CTO at cybersecurity company Rubrik.
How the Enlightenment Ends It seemed strange seeing an article on a technology topic from Henry Kissinger. He argues that "Philosophically, intellectually—in every way—human society is unprepared for the rise of artificialintelligence." But his piece is a very good read.
Christian Spannbauer, CTO for the Digital Hangar, spoke with CIO.com from Barcelona about the impact of this new initiative for the official flag carrier airline of Germany, which, as a founding member of the Star Alliance network, has become a truly global airline. We believe the differentiator is your own data.”
At Ocean Technologies Group (OTG), CTO Ian Hepworth must not only integrate maintenance and crew data from the 20,000 vessels managed by OTG’s platform but from the six companies OTG has acquired. ArtificialIntelligence, Cloud Management, Data Architecture, Data Management, Database Design, Digital Transformation
Addagada said he expects the duties of a Chief Ethics Officer will ultimately be combined with those of a CAIO, similar to how the role of Chief Privacy Officer was combined or rolled into the Chief Data Officer role. “We ArtificialIntelligence, Chief Digital Officer, IT Leadership
When combined with human innovation and artificialintelligence, such self-service IT platforms can become faithful assistants, offering support, insights, and solutions in an almost endless array of areas. Now, however, artificialintelligence is poised to take self-service advice and insights to a new level.
” Vouched uses artificialintelligence to help more than 150 companies across a bevy of industries verify the identity of their customers, clients and contractors. The technology compares a user’s selfie to confirm identity. He founded online jewelry company Blue Nile in 1999; Cavens joined shortly thereafter and was CTO.
There’s no denying that machine learning and artificialintelligence (AI) are invading the enterprise at warp speed. Almost every industry is affected by the technology, and the innovation it inspires is fascinating. According to Gartner , machine learning is one of the top 10 strategic technology trends for 2016.
Beyond the use of AI agents for specific and discrete tasks, it has the potential to do a series of tasks, in a step-by-step manner, says Mike Finely, CTO and co-founder of AnswerRocket, vendor of an AI assistant for enterprise analytics. Agentic AI is the next evolution of AI, he says.
Secretary/treasurer Kerri Schroeder , JPMorganChase’s Pacific Northwest regional chair and regional manager of middle market banking. Casium spun out of the AI2 Incubator and brings artificialintelligence to bear on immigration applications by businesses seeking to hire talented foreign workers and for founders creating startups.
With a portfolio spanning skill games (RummyCircle), fantasy sports (My11Circle), and casual games (U Games), the company banks firmly on technology to build a highly scalable gaming infrastructure that serves more than 100 million registered users across platforms. ArtificialIntelligence, Digital Transformation
The Tribute team, from left to right: Sarah Moore, product design; Scott Faverty, customer success; Sarah Haggard, founder and CEO; and Ian Ma, chieftechnologyofficer. million over a two-part seed round, allowing the mentoring app to hire former Amazon AWS architect Ian Ma as its chief technical officer. .
Outbound AI Photos) Outbound AI announced Wednesday $16 million in fresh funding to advance the rollout of its artificialintelligence tools that help healthcare teams interact with insurance companies and automate administrative work during the claims process.
Camposano said its vision is to “reinvent Strategic Finance, utilizing machine learning and artificialintelligence to provide companies unparalleled real-time insights.” Camposano is a finance veteran, having worked at Deutsche Bank for 12 years before joining Concur, the travel expense giant that sold to SAP for $8.3
And it’s almost certain to get worse as artificialintelligence and generative AI technologies make it easier to impersonate loved ones in need, financial institutions or tech support companies seeking money or personal information. “They have the tactic. The problem spans the globe, Stokes said.
As a B2B organization, PEXA may not be very well known by the public, working with banking, conveyancers, and government, but it’s been quietly professionalizing property transaction markets in Australia for about 14 years. It sounds reasonably simple, yet it’s not without complexities.
We organize all of the trending information in your field so you don't have to. Join 83,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content