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Your IT infrastructure may be more outdated than you think

CIO

CEOs and CIOs appear to have conflicting views of the readiness of their organizations’ IT systems, with a large majority of chief executives worried about them being outdated, according to a report from IT services provider Kyndryl. But in conflict with CEO fears, 90% of IT leaders are confident their IT infrastructure is best in class.

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

CIO

In today’s rapidly evolving technological landscape, the role of the CIO has transcended simply managing IT infrastructure to becoming a pivotal player in enabling business strategy. 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.

Strategy 200
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Case in point: taking stock of the CrowdStrike outages

CIO

What happened In CrowdStrikes own root cause analysis, the cybersecurity companys Falcon system deploys a sensor to user machines to monitor potential dangers. Akamai was not itself a CrowdStrike customer, but does use similar services from outside vendors to help protect its systems. Clancy asks. A total of 8.5 Trust, but verify.

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Global tariffs shake up CIOs’ IT agendas

CIO

Already, IT is feeling the impact on infrastructure and supply chains, and CIOs are decreasing capital expenditures and scaling back projects or delaying them altogether. This includes curbing what the bank had dubbed the year of cloud, a strategic initiative that involved several planned platform migrations to the cloud.

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One banks $40M to offer ‘all-in-one’ financial services to the middle class

TechCrunch

One, a startup that aims to bring “all-in-one banking” to the middle class, announced today that it has raised $40 million in a Series B round of funding. Over the past few years, he said, there have been a number of different fintech and bank products that people use to run their life “and they’re all starting to converge.”.

Banking 253
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Blockchain: Distributed Shared Ledger Technology in Banking

Hacker Earth Developers Blog

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. But when it comes to intra-organizational processes, challenges arise due to process design and lack of mutual trust. Benefits of Blockchain in banking.

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Vesta closes on $30M in an a16z-led Series A to build a new kind of mortgage infrastructure

TechCrunch

In an effort to make it simpler, faster and cheaper, a pair of former Blend employees have teamed up to build mortgage loan origination software that will connect banks, credit unions, mortgage bankers and brokers. The sheer volume of loan originations is testament to the need for more efficient loan origination systems (LOS).