Remove Authentication Remove Banking Remove Licensing
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Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

CIO Business Intelligence

Digitalization is a double-edged sword for banks, especially when it comes to security. As financial services become more digital in nature, it’s important that banks think differently when using data analytics, security tools, and education to improve identity authentication and customer data privacy.

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The AI cat and mouse game has begun

CIO Business Intelligence

The incident involved scammers who, using publicly available videos and audio from YouTube of targeted senior executives, created deepfake representations to deceive a finance employee into executing multiple transactions to bank accounts in Hong Kong, resulting in significant financial damage to the company.

Social 306
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Authentic Digital Relationships

Phil Windley

Our online relationships with ecommerce companies, social media providers, banks, and others are cold and impersonal, but also relatively efficient. Supporting Authentic Relationships. Driver's license, potentially from a different agencies than the one who registers cars and potentially in different states.

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PepsiCo IT redefines direct-to-store business model success

CIO Business Intelligence

As part of this project, Venkat and his team built a mobile banking feature to enable employees to take checks or money orders from customers and deposit them using their iPhone. “We We tried to use a leading check capture solution but due to some legal issues of that company, we could not acquire the licenses.

Retail 246
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10 emerging innovations that could redefine IT

CIO Business Intelligence

The fascination in the idea comes from the observation that AI models don’t need the same kind of precision as, say, bank ledgers. One potential algorithm, for instance, might be a digital drinking license that would guarantee that a beer buyer was over 21 years old without revealing their birth month, day, or even year.

Tools 363
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Low code/no code tools reap IT benefits—with caveats

CIO Business Intelligence

Financial technology and services company Fidelity National Information Services (FIS) uses the low code WaveMaker to develop the user interfaces for the customer-facing applications it builds for its bank customers, using APIs to connect those applications to the customer’s or FIS’ back-end systems.

Tools 325
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CIOs Struggle To Find The Machine Learning Employees That They Need

The Accidental Successful CIO

People with the CIO job at banks, insurers and other financial companies say efforts to expand their use of artificial intelligence are being hampered by a scarcity of both data and employees with the skills that are needed. Banks and financial institutions understand that they need more AI workers. In the U.S.,