CIO

MAY 7, 2024

According to Foundry’s State of the CIO 2024 study, technology leaders will be focused on driving digital innovation, redesigning processes, and modernising infrastructure and apps in the next three years in order to stay ahead. Tackling these requires innovation, built from a base of experience and knowledge.

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CIO

FEBRUARY 16, 2024

The generative AI revolution has the power to transform how banks operate. Banks are increasingly turning to AI to assist with a wide range of tasks, from customer onboarding to fraud detection and risk regulation. So, as they leap into AI, banks must first ensure that their data is AI-ready. Generative AI, Innovation

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CIO

NOVEMBER 20, 2024

CIO ASEAN is proud to announce the winners of the 2024 CIO100 Awards – recognising the top technology leaders and teams across Southeast Asia and Hong Kong who are driving innovation and influencing rapid change. These are in addition to CIO100 awards in the US, UK, and the Middle East. …

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CIO

FEBRUARY 5, 2024

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

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CIO

JUNE 13, 2023

As chief digital officer of Kotak Mahindra Bank, Deepak Sharma has been instrumental in driving the bank’s digital transformation, future-ready initiatives, and business model innovation strategies. Why and how did you decide to get into technology? Sharma: It is difficult to single out any one achievement.

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CIO

SEPTEMBER 29, 2023

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. In short, yes. But it’s an evolution.

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CIO

APRIL 11, 2023

The financial services sector is undergoing rapid change as fintechs develop convenient, consumer-focused services that were once the province of traditional banks. Many established financial institutions have very good core business capabilities, but their technology platforms tend to be archaic and rigid.

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Xebia

AUGUST 22, 2024

The Middle East payments industry is rapidly evolving, driven by several key innovations. These innovations are paving the way for a more efficient, secure, and integrated payments ecosystem in the Middle East, with significant implications for businesses and consumers across the region.

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CIO

AUGUST 20, 2024

Digital transformation represented among the largest investments in technology to modernize businesses starting in the early 2000s. With the rise of generative AI, CEOs recognize an opportunity to shift from technology-led digital transformation to executive-led business reformation.

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CIO

SEPTEMBER 9, 2024

Despite these opportunities, Tencent Cloud faces challenges from competitors, requiring a careful balancing act between innovation and market adaptability. Tencent Cloud’s deployment of palm verification for secure identity authentication, particularly in collaboration with Telkomsel in Indonesia, underscores its ability to innovate.

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CIO

AUGUST 22, 2022

Along with nearly every other industry, banking is facing greater competitive pressure than ever. The need for innovation is growing, along with the ability to deliver more effortless experiences for customers and employees. Technology innovation is making a significant difference here.

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CIO

MARCH 21, 2023

When Arvest, a regional bank operating in Arkansas, Kansas, Missouri and Oklahoma, hired Laura Merling as chief transformation and operations officer in 2021, one of the first things she changed was its digital transformation plan. We wanted to be the leading community-focused bank serving commercial and small businesses.”

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CIO

SEPTEMBER 12, 2022

A shift has occurred and IT is now viewed as an equal partner in driving business growth with CIOs recognized as the de facto leaders of innovation. Here, they and others share seven ways to create and nurture a culture of innovation. Innovation is a double-edged sword: It is critical to growth — but that’s also what makes it risky. “It

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CIO

MARCH 5, 2024

Recently, that’s exactly the course Gisela Riggan, EVP and CIO at Prosperity Bank, chose to pursue, and she selected BMC as her technology partner. Prosperity Bank already has a strong reputation for running a lean, profitable business. What makes us unique is that we still have a community bank philosophy.

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CIO

SEPTEMBER 2, 2022

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

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CIO

AUGUST 31, 2022

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

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CIO

FEBRUARY 16, 2024

“Innovate or die,” Peter Drucker’s 1985 exhortation on the importance of constant reinvention, was great business advice for the last 40 or so years. The real power of the technology is its ability to draw on disparate data sets and connect workflows. This is a challenge for many CIOs.

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CIO

OCTOBER 20, 2023

For banks, data-driven decisions based on rich customer insight can drive personalized and engaging experiences and provide opportunities to find efficiencies and reduce costs. Organizations must ensure their technology stack can handle immense data flow. Embrace AI-driven innovation Innovation is at the heart of Bud’s operations.

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TechCrunch

MARCH 25, 2021

Meniga , the London fintech that provides digital banking technology to leading banks, has closed €10 million in additional funding. Meniga says the funding will be used for continued investment in R&D, and in particular further development of green banking products — building on its carbon spending insights product.

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CIO

JANUARY 19, 2023

Before any innovation initiative starts, there are questions (and usually lots of them). What is innovation and, more importantly, what does it mean for your organization? What fears or misperceptions hold innovation back? Their stories prove that innovation without disruption is possible.

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CIO

OCTOBER 20, 2024

Set for Tuesday 19 November, the CIO100 ASEAN Awards event will bring together the top senior technology executives and teams in Southeast Asia and Hong Kong driving innovation and influencing rapid change. Our Next CIO winner will be an individual who exceeds expectations while driving innovation through their organisation.

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CIO

MAY 15, 2023

When leaders consider how technology has enabled the transformation of business models over the past several years, few would disagree that the world has changed dramatically. Retail, entertainment, music, and banking have largely moved online. Businesses must remain ever-ready to innovate as an aspect of their routine operations.

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CIO

SEPTEMBER 7, 2023

Innovation has a different meaning for every organization. Innovation is about modernization, it’s about optimization,” said Dan Gisolfi, Distinguished Engineer, Head of Innovation and Intellectual Property at Discover Financial Services. With built-in resources that nurture innovation and push the industry forward.

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Perficient

NOVEMBER 21, 2024

The Consumer Financial Protection Bureau (CFPB) recently issued a final rule § 1033.121(c) supporting open banking and personal financial data rights. Under this ruling, banks, credit unions, credit card issuers, and other financial service providers must enhance consumer access to personal financial data.

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Hacker Earth Developers Blog

OCTOBER 4, 2018

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. Blockchain technology operates beneath these processes and infrastructure and empowers a better, faster, and more authentic business process.

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Blockchain Banking Technical Review Technology 208

TechCrunch

OCTOBER 15, 2021

Ximena Aleman is co-founder and chief business development officer at Prometeo , an open banking platform that serves Latin America. Fintech companies are increasingly collaborating with traditional players like banks, payment agencies, insurance providers and stock exchanges. Ximena Aleman. Contributor. Share on Twitter.

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TechCrunch

MAY 12, 2023

The urge to reduce costs imperils continued investment in innovative financial products and services, while at the same time customers have higher expectations than ever for easy, effective, and great experiences. Or, the UK’s Financial Conduct Authority fining GT Bank £7.8m Effective onboarding is fintech’s Achilles’ heel.

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TechCrunch

NOVEMBER 24, 2020

challenger bank Current, which has doubled its member base in less than six months, announced this morning it raised $131 million in Series C funding, led by Tiger Global Management. The additional funds will be used to further develop and expand Current’s mobile banking offerings, the company says.

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CIO

MAY 16, 2023

To gain perspective, Iron Mountain sponsored research by Quadrant Strategies, which used digital listening technologies to study public online conversation trends among enterprise decision-makers. AI surpassed other technologies in conversations about innovation The research underscores that AI is leading the way in accelerating innovation.

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TechCrunch

APRIL 21, 2022

In 2019, William Hockey, the cofounder of fintech business Plaid, announced that he would step down from his position as Plaid’s chief technology officer and president. But he’s been anything but idle, quietly creating the platform for what he believes is the first bank of its kind: a “financial infrastructure” bank.

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TechCrunch

MAY 1, 2023

Specifically, “to protect depositors, the FDIC is entering into a purchase and assumption agreement with JPMorgan Chase Bank, National Association, Columbus, Ohio, to assume all of the deposits and substantially all of the assets of First Republic Bank,” it said. The FDIC called the process “highly competitive.”

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CIO

JUNE 13, 2023

The pace of innovation is relentless. CIOs must watch for the next generation of emerging technologies because new software can go from the dreams of some clever coder to an essential part of every IT shop in the blink of an eye. The next generation promises to deliver the same unstoppable parade of innovation.

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TechCrunch

FEBRUARY 26, 2021

The murder of George Floyd last May ignited many things in the United States last year — one of which that was perhaps unexpected: a rise in the number of digital banks targeting the Black community. Some members of the Black community took their belief that big banks are not meeting their needs and turned them into startup concepts.

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TechCrunch

MARCH 2, 2022

However, the challenge has always been establishing connections with central banks, which remain majorly rigid, and slow to catch up with changes in the financial technology space. The startup, which carried out a successful pilot in Africa, has signed five agreements with central banks in the continent and the Caribbean region.

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CIO

JUNE 20, 2024

The company’s innovative “cloud agnostic” strategy, supported by VMware’s increased capabilities post-acquisition, will promote growth for the clients, no matter if their workloads are on-premise or in a public cloud environment. The IBM and VMware relationship goes back two decades and includes our jointly funded innovation lab.

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TechCrunch

AUGUST 30, 2022

Pezesha solves this through our robust API driven credit scoring technology,” Moraa, also the CEO, told TechCrunch. Pezesha is tapping local and international banking institutions, HNWIs and DeFi for additional liquidity for onward lending. The round also included a $5 million debt from Talanton and Verdant Capital Specialist Funds.

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Perficient

FEBRUARY 22, 2023

Perficient is looking forward to bringing our unique combination of automation technical know-how along with financial services and payments industry expertise to the Banking Automation Summit in Charlotte, North Carolina on March 2-3. Banks are using AI to analyze large amounts of data, make predictions, and automate complex processes.

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