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

CIO

Gerald Johnston , an adjunct research advisor with IDC’s IT Executive Programs (IEP), founded GJ Technology Consulting, LLC, where he assisted global financial institutions and helped launch a UK startup bank. Contact us today to learn more.

Strategy 334
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Farther, a wealth tech firm, banks $15M Series A as valuation hits $50M

TechCrunch

Building wealth is a long process and can be complex, but Farther is bringing both technology and advisors to the table to make these kinds of services more accessible. Meanwhile, Genser, CTO, is a military veteran who previously worked at Goldman Sachs leading an artificial intelligence team in private wealth.

CTO Coach 236
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CrowdStrike incident has CIOs rethinking their cloud strategies

CIO

Sunil Varkey, senior security professional and advisor at Beagle Security, noted, “Trust between cloud and security vendors is now questioned. The CrowdStrike incident affected computers running Microsoft Windows across various sectors, including airlines, banks, retailers, brokerage houses, media companies, and railways.

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Protecting your business from unforeseen outages: Lessons from the recent CrowdStrike incident

CIO

Gerald Johnston , an adjunct research advisor with IDC’s IT Executive Programs (IEP), founded GJ Technology Consulting, LLC, where he assisted global financial institutions and helped launch a UK startup bank. Contact us today to learn more.

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Daily Crunch: India’s Central Bank says cryptocurrency ‘may even be worse’ than Ponzi schemes

TechCrunch

India continues to debate the fate of cryptocurrencies : A nation’s regulatory and banking bodies debating blockchain technology and its related tokens is a daily occurrence. But when an official from India’s central bank compares cryptocurrencies to Ponzi schemes, we take note. The TechCrunch Top 3. You can sign up here.).

Banking 213
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Daylight raises millions to build a digital banking platform ‘designed for and by’ the LGBTQ+ community

TechCrunch

Over the past year, there has been a surge of newly formed digital banks aimed at specific demographics. The banks in nearly all cases are trying to meet the needs of certain populations that they believe are feeling left out or underserved by traditional financial institutions. Maybe neobanks will break even after all.

Banking 271
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IBM Z mainframes get AI boost with new Telum II processor, Spyre accelerator

CIO

But TOPS alone don’t tell the whole story,” wrote Christian Jacobi, IBM Fellow and CTO, IBM Systems Development, and Elpida Tzortzatos, IBM Fellow and CTO of z/OS and AI on IBM Z and LinuxONE, in a blog about the new processor. “It So, of course, that is very valuable IP to them.”