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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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Central Bank Digital Currency (CBDC) and blockchain enable the future of payments

IBM Big Data Hub

The financial world has been revolutionized by blockchain technology, which has enabled peer-to-peer transactions without the need for intermediaries. The introduction of Central Bank Digital Currency (CBDC) has added a new dimension to blockchain technology that transforms the future of payments for businesses and individuals.

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Financial Services Data – More at risk than you’d believe

Thales Cloud Protection & Licensing

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. Each and every environment and instance requires a data security plan and implementation tuned to the environment.

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The U.S. Office of the Comptroller of the Currency Seeks Comment on Digital Innovation by Banks

Data Matters

electronic payments, check capture and online banking), the OCC lists some of the new technologies, the implementation of which may be hindered by ambiguous, burdensome or inflexible rules, such as blockchain, artificial intelligence, biometrics, cloud computing and big data/analytics.

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Unlocking value: Top digital transformation trends

IBM Big Data Hub

Another way organizations are experimenting with advanced security measures is through the blockchain, which can enhance data integrity and secure transactions. 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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Summary – “Industry in One: Financial Services”

ARMA International

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

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The Economy of Things: the next value lever for telcos

IBM Big Data Hub

And what is the role telecommunications service providers play in enabling and scaling the EoT? Register for our LinkedIn Live event on telcos and the Economy of Things The Economy of Things has arrived The EoT is enabled by artificial intelligence, data, IoT and blockchain, bringing liquidity to the IoT.

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