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Distributed Ledger Technology In Banking — Neither Major Upheaval Nor Dead Silence

Forrester IT

Blockchain has added value for banks when filling white spaces or replacing inadequate solutions. Fully operational systems are few and far between.

Banking 195
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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. Each houses an IBM z15 system. M&T Bank.

IBM 360
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This is the End: Windows XP

CTOvision

We knew this day would come – when Windows XP, the twelve-year-old operating system for Windows, stops receiving technical support from Microsoft. However for many banks, simultaneously upgrading thousands of ATMs is not a viable decision, and several are making special deals with Microsoft to extend their coverage.

Windows 227
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6 key mobile and IoT/OT attack trend findings

Network World

Overall, ThreatLabz tracked a rise in financially motivated mobile attacks – with 111% growth in spyware and 29% growth in banking malware – most of which can bypass multifactor authentication (MFA). Top Mobile and IoT/OT trends Rise in financially-motivated mobile threats, including a 111% rise in spyware and 29% growth in banking malware.

Mobile 419
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Cloudera jockeys for AI platform prominence

Network World

So, there’s a race on right now for what company will be the default platform for generative AI, the operating system for the next evolution of the enterprise, the middleware that will tie it all together. If you’re a large bank or manufacturer, you want to run the models on your specific data or context.”

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CrowdStrike failure: What you need to know

CIO Business Intelligence

At 6pm Australian Eastern Standard Time (08:00 UTC), Bank Australia posted an announcement to its home page saying that its contact center services were still experiencing problems. However, according to CrowdStrike, “The configuration update triggered a logic error that resulted in an operating system crash.”

Windows 338
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Apple’s new banking features feel too easy to use, too hard to resist

Vox

Do you want the company that makes your phone to be your bank, too? percent interest rate — well above what most traditional banks are offering. And I was lucky to get that because big banks like Chase and Bank of America offer just 0.01 But Apple itself is not a bank. What could go wrong?

Banking 98