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Banking on mainframe-led digital transformation for financial services

IBM Big Data Hub

Financial services companies are considered institutions because they manage and move the core aspects of our global economic system. And the beating heart of financial institutions is the IBM mainframe. Atruvia AG is one of the world’s leading banking service technology vendors.

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Customer experience in Financial Services

OpenText Information Management

In a recent blog, I wrote about the increasing prominence of AI in financial services. It’s one of the areas I’ll be presenting on at this year’s OpenText™ Enterprise World, our annual customer conference. The other session I’ll be holding is around customer experience.

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Top 4 takeaways from the Gartner Data and Analytics Conference

Collibra

Last week I attended the virtual Gartner Data and Analytics Summit. This conference brought together data and analytics leaders from top industries such as government, banking, financial services, insurance, and manufacturing. Gartner emphasized and reiterated the concept of adaptation in a number of presentations.

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Financial planning & budgeting: Navigating the Budgeting Paradox

IBM Big Data Hub

Budgeting, an essential pillar of financial planning for organizations, often presents a unique dilemma known as the “Budgeting Paradox.” Embracing technology The use of advanced solutions, ranging from AI-powered forecasting software to data analytics platforms, can make budgeting faster and smarter.

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How Credit Unions Can Fight Back Against BIN Attacks

Rippleshot

Card not present (CNP) fraud is the dominant type of payment fraud that Strategic Link partner CO-OP Financial Services is seeing among its credit unions’ portfolios, comprising over 80% of fraud incidents across both debit and credit.

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How Long Should I Keep This Business Record For?

AIIM

Too often I hear one of two, equally bad answers: Keep Records for Seven years: This seems to be the de facto answer, especially for financial services records. Internal Revenue Service rules around when they can audit individual and corporate tax returns. As near as I can tell, this comes from the U.S. BIG DATA!!!

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AI Governance: Break open the black box

IBM Big Data Hub

Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. The ability to track and share model facts and documentation across the organization provides backup for analytic decisions.