Banking Software Review Systems Review 
CIO
APRIL 2, 2025
Last summer, a faulty CrowdStrike software update took down millions of computers, caused billions in damages, and underscored that companies are still not able to manage third-party risks, or respond quickly and efficiently to disruptions. It was an interesting case study of global cyber impact, says Charles Clancy, CTO at Mitre.
CIO
MAY 6, 2025
Many IT leaders scoffed when they heard that Elon Musks US Department of Government Efficiency wants to rip out millions of lines COBOL code at the Social Security Administration and replace it within a matter of months. A major reason is because COBOL just works, particularly for transaction processing systems, McKenny says.
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CIO
MAY 6, 2025
B2C industries such as retail, media, healthcare, and personal banking where personalization is a service differentiator will undergo this paradigm shift first. Gen AI isnt just another technology; its an organizational nervous system that exponentially amplifies human intelligence, says Josh Ray , CEO of Blackwire Labs.
AWS Machine Learning - AI
MAY 15, 2025
The banking industry has long struggled with the inefficiencies associated with repetitive processes such as information extraction, document review, and auditing. As a result, banks face operational challenges, including limited scalability, slow processing speeds, and high costs associated with staff training and turnover.
CIO
NOVEMBER 26, 2024
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of the readiness of their organizations’ IT systems, with a large majority of chief executives worried about them being outdated, according to a report from IT services provider Kyndryl.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.
CIO
JANUARY 5, 2025
Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] 4] On their own AI and GenAI can deliver value.
AWS Machine Learning - AI
APRIL 30, 2025
FloQasts software (created by accountants, for accountants) brings AI and automation innovation into everyday accounting workflows. You can reconcile bank statements against internal ledgers, get real-time visibility into financial operations, and much more.
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