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Top financial services trends of 2024

IBM Big Data Hub

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape.

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Resecurity Released a 2024 Cyber Threat Landscape Forecast

Security Affairs

3️ Weaponization of Artificial Intelligence (AI) Will Skyrocket Anticipate a surge in the cultivation of weaponized AI by malicious actors across various domains, including disinformation apparatus. This strategy goes beyond just deploying the latest technologies to combat AI and mobile threats.

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5 things to know: IBM Cloud’s mission to accelerate innovation for clients

IBM Big Data Hub

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

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FCA sets out plans to make Big Tech a priority and provides update on its approach to AI

Data Protection Report

The speech also covered the FCA’s response to the Government’s White Paper on Artificial Intelligence ( AI ), which was also published in parallel with the speech. Work with Big Tech firms to examine whether their data from their data from their core digital activities would be valuable in certain retail financial markets.

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Turning climate risks into business opportunities 

IBM Big Data Hub

To best prepare, organizations need to develop a climate risk strategy. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life. For more information, visit our Climate risks insights page.

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Unlocking value: Top digital transformation trends

IBM Big Data Hub

And while no one digital transformation strategy will be like any other, here are some recurring trends that help organizations engage in successful digital transformation initiatives. Financial services providers increased their usage of APIs to be able to tap into greater ecosystems and connect with more partners.

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Customer experience examples that drive value

IBM Big Data Hub

As such, more organizations are increasing their dedication to CX strategy and looking towards successful customer experience examples for inspiration. First, the organization puts the customers’ interest first when devising marketing strategies. In healthcare, organizations can do this by offering itemized bills to patients.