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Banks bet on AI to deliver digital efficiencies

CIO Business Intelligence

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. Around 42% percent of banks rely on personalized customer journeys to improve the customer experience.

Banking 353
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Beyond Bank CIO: Balancing tradition and innovation in the digital age

CIO Business Intelligence

Beyond Bank Australia is one of the largest customer-owned banks in Australia and one of the leading B Corps in the country. Beyond Bank has a real focus on customers who are the members and owners of the bank. Beyond Bank has a real focus on customers who are the members and owners of the bank.

Banking 256
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Lean Isn’t Always Lean: There Are Lean Cores And Lean Cores In Banking

Forrester IT

A few days ago, I discussed application architecture in banking with a banking software vendor. Starting from there, we had a look at that vendor’s core banking solutions and further back-end systems such as trade finance. The vendor quickly suggested that its solutions align with Forrester’s concept of a lean core.

Banking 482
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Six steps to creating a successful IT strategy: A guide for CIOs

CIO Business Intelligence

If competitors are using advanced data analytics to gain deeper customer insights, IT would prioritize developing similar or better capabilities. Developing the initial IT strategy (straw man) The initial IT strategy, or “straw man,” should be reviewed with select partners both inside and outside IT. Contact us today to learn more.

Strategy 334
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China banks on open source in AI cold war with US

CIO Business Intelligence

The United States has been trying to counteract the popularization of technological solutions from China for years, often taking steps that are contrary to the development of an open market. China is pushing the boundaries of its own AI development every few weeks, and its results are already a serious threat to Western technology.

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ADIB-Egypt announces 1 billion EGP digital transformation plan

CIO Business Intelligence

This ambitious initiative is poised to position ADIB-Egypt at the forefront of the digital banking revolution, transforming how customers interact with their financial services. The bank has been dedicated to enhancing its digital platforms and improving customer experience.

Banking 246
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Corporate One enables immediate payments with data orchestration hub

CIO Business Intelligence

So members can quickly and securely transfer funds between bank accounts in real time. If you send money from your bank account to someone with an account at the same bank, the process is instantaneous because the bank knows the funds are legitimate. All members must do is connect to us.

Data 312