ARMA International

NOVEMBER 7, 2019

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.

Financial Services 52

Financial Services Communications Compliance Risk 52

Krebs on Security

JULY 1, 2021

Financial services giant Intuit this week informed 1.4 Intuit says the change is tied to an “exciting” and “free” new service that will let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.

Financial Services 334

Financial Services Government Authentication IT 334

Data Matters

SEPTEMBER 20, 2018

Office of the Comptroller of the Currency (OCC) announced its decision (the Fintech Charter Decision) to begin accepting applications from financial technology (fintech) companies for special purpose national bank charters. The Fintech Charter Decision is discussed in greater detail in a prior Sidley Banking and Financial Services Update.

Financial Services 68

Financial Services Paper Marketing Privacy 68

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Healthcare Data Privacy Laws.

Data Privacy 138

Data Privacy Compliance Privacy Security 138

Data Matters

FEBRUARY 20, 2019

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance. Unlawful Discrimination.

Insurance 68

Insurance Financial Services Compliance Retail 68

Collibra

MAY 12, 2023

After speaking with over 20 clients about data quality in modern data pipelines, I am eager to share my insights on the pros and cons of internal (in-memory) processing versus external (API-based) DQ engine integration. Data continues to be checked within the pipeline without overburdening a single function.

Financial Services 97

Financial Services Libraries Analytics IT 97

Reltio

MARCH 20, 2023

Data has always been a valuable asset for businesses, but it has become crucial for survival in the digital age. With the explosion of data from digital channels and IoT devices, organizations find storing, managing and analyzing information increasingly challenging.

MDM 97

MDM Cloud Analytics e-Discovery 97

Collibra

APRIL 16, 2024

Together with our partners, we offer fully integrated solutions that allow all data citizens across an organization to derive value from their data. Each one of these awards honors a partner who truly demonstrates what it means to make data meaningful and be a data intelligence champion.

Cloud 52

Cloud Government Financial Services Retail 52

IBM Big Data Hub

OCTOBER 10, 2023

These attacks are even more detrimental in critical systems, which include IT infrastructure and financial services organizations. IBM Cloud for Financial Services This is where IBM Cloud for Financial Services shines—it helps clients to fill that gap by supporting innovation while guaranteeing security and compliance.

Cloud 79

Cloud Financial Services Compliance Risk 79

Data Protection Report

MARCH 7, 2024

China Cuba Iran North Korea Russia Venezuela What is “personally identifiable data” that is “in combination with each other”? Note that the only difference between the two examples is the addition of IP addresses. Note that the only difference between the two examples is the addition of IP addresses.

Access 57

Access Military Compliance Personal data 57

IBM Big Data Hub

APRIL 5, 2024

For example, HPC offers high levels of computational power and scalability, crucial for running performance-intensive workloads. How AI and HPC deliver results faster: Industry use cases At the very heart of this lies data, which helps enterprises gain valuable insights to accelerate transformation.

Artificial Intelligence 69

Artificial Intelligence Computer and Electronics Financial Services Manufacturing 69

IBM Big Data Hub

FEBRUARY 22, 2024

While AI can undoubtedly offer a competitive edge to organizations that effectively leverage its capabilities, we have seen unique concerns from industry to industry and region to region that must be considered—particularly around data.

Cloud 78

Cloud Computer and Electronics Compliance Financial Services 78

Collibra

MAY 16, 2022

As a principal for data quality, I enjoy taking time to work with our customer base. These organizations demonstrate perspectives and prioritization that show great promise in the industry of data. . Consider the examples from our peer industries: Operational Risk. For financial services, data governance found its roots in risk.

Risk 103

Risk Government Financial Services Access 103

IBM Big Data Hub

FEBRUARY 4, 2022

The phrase ‘data is the new oil’ has been widely used in the last number of years, but in an unrefined state, it has limited use. ISO 20022 was first introduced in 2004 to provide more standardization and deliver richer information for Financial Services transactions. Background on ISO 20022. This is not a trivial task.

Artificial Intelligence 123

Artificial Intelligence Financial Services Analytics Marketing 123

eSecurity Planet

AUGUST 22, 2023

With the ever-present threat of data breaches, organizations need to adopt best practices to help prevent breaches and to respond to them when they occur to limit any damage. Prioritize Data Protection The downfall of many security strategies is that they become too general and too thinly spread.

Data breaches 75

Data breaches Big data Cybersecurity Security 75

The Last Watchdog

DECEMBER 21, 2021

Some 11,800 computer software companies, 10,000 IT services vendors, 5,500 health care organizations and 3,200 financial services firms continue to maintain on-premises Exchange email servers, according to this report from Enlyft. For example, Stellar Repair for Exchange tool can repair corrupt or damaged Exchange EDB files.

Cloud 195

Cloud Financial Services Communications Ransomware 195

Collibra

FEBRUARY 11, 2020

Seizing an opportunity to improve data relationships with third parties. Regulators are focusing on the data relationships financial services organizations have with third parties, including how well personal information is being managed. Exploring third party data relationship risk.

Financial Services 59

Financial Services Digital transformation Personal data Compliance 59

Data Protection Report

APRIL 23, 2024

The speech: key points As part of his speech, Mr Rathi explained that the FCA plans to examine how Big Tech firms’ unique access to large sets of data could unlock better products, more competitive prices and wider choice for consumers and businesses. The FCA also sets out its next steps.

Financial Services 44

Financial Services IT Marketing Retail 44

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 68

Cloud Financial Services Compliance Digital transformation 68

DLA Piper Privacy Matters

APRIL 20, 2021

Important new guidelines outlining how personal and other types of financial information should be handled by financial institutions throughout the data lifecycle have just come into force in China, including a new data localisation obligation. The “Financial Data Lifecycle Guidelines” (????????????)

Compliance 111

Compliance Security Financial Services Data collection 111

IBM Big Data Hub

SEPTEMBER 18, 2023

This is just one of many examples that show how the payments space has evolved. Through this period of rapid transformation, financial institutions must also deliver frictionless experiences to help maintain long-lasting client relationships and gain new market share.

Customer Experience 75

Customer Experience Financial Services Cloud Compliance 75

erwin

MARCH 18, 2021

The role of chief data officer (CDO) is becoming essential at forward-thinking organizations — especially those in financial services — according to “ The Evolving Role of the CDO at Financial Organizations: 2021 Chief Data Officer (CDO) Study ” just released by FIMA and sponsored by erwin.

Metadata 82

Metadata Compliance Government Financial Services 82

Data Matters

JANUARY 28, 2022

Within a few days, data security experts at Microsoft , Palo Alto Networks (“PANW”), and Mandiant confirmed reports of increasing Russian cyberactivity and offered their own recommendations for hardening measures (many of which overlap with the Advisory). The post U.S.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

erwin

MARCH 18, 2021

The role of chief data officer (CDO) is becoming essential at forward-thinking organizations — especially those in financial services — according to “ The Evolving Role of the CDO at Financial Organizations: 2021 Chief Data Officer (CDO) Study ” just released by FIMA and sponsored by erwin.

Metadata 64

Metadata Compliance Government Financial Services 64

Data Protection Report

JULY 5, 2021

The European Commission (EC) signalled plans for a new Data Act, to be published in late 2021, in its February 2020 Data Strategy Communication. What is the objective of the possible Data Act? Lack of legal clarity on who can do what with data (for example, co-generated data). Legal certainty.

B2B 144

B2B Personal data Cloud Access 144

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

Data breaches in the retail sector illustrate the vulnerabilities inherent to this industry, emphasizing the need for robust cybersecurity measures. This finding not only underscores the vulnerability of the retail sector but also accentuates the financial repercussions of such breaches.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

Collibra

OCTOBER 31, 2023

Last month, I attended the AWS Capital Markets Financial Data Forum in London. With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. Already using AI?

Marketing 101

Marketing Government Financial Services Artificial Intelligence 101

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Compliance madhav Tue, 09/19/2023 - 05:17 It is essential for any business that stores, processes, and transmits payment card information to comply with the Payment Card Industry Data Security Standard (PCI DSS). Consumers’ payment data is a compelling target for criminals who continue to circumvent IT security defenses. Requirement 3.2

Compliance 77

Compliance Financial Services Data breaches Encryption 77

IBM Big Data Hub

AUGUST 17, 2023

The executive order from the President of the United States, “ Responsible Development of Digital Assets ,” is one example of the public acknowledgment for the need for prudent development of such assets. For example, a government could issue a stimulus package that can only be spent on certain goods and services.

Blockchain 74

Blockchain Financial Services Risk Authentication 74

Data Matters

SEPTEMBER 6, 2022

Data protection impact assessments would also be required, including for products in existence when the law would come into effect. Passage of the bill comes on the heels of US Congressional inquiries about the use and protection of health data collected by mental health apps and an uptick in private litigation in the area.

Privacy 197

Privacy B2B Sales Compliance 197

Data Matters

APRIL 11, 2022

The concept of “important data” is a cornerstone of China’s data regulatory regime. The Cyber Security Law (2017) (the CSL ) prohibits operators of critical information infrastructures ( CIIs ) from transferring their “important data” and personal information outside of China. Then, what are “important data”?

Military 88

Military Artificial Intelligence Security Financial Services 88

Collibra

DECEMBER 10, 2020

For business and technical users alike, reference data impacts daily operations. In order to optimize data use and availability, organizations need to know what reference data is, what it is not (i.e. master data), why it is important, and how to efficiently manage it with technology. Reference data carries meaning.

Government 59

Government Analytics Financial Services Marketing 59

Data Protection Report

AUGUST 2, 2022

Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries. In this post we discuss the operational advantages of a good privacy breach record-keeping program. Risk management and mitigation.

Compliance 137

Compliance Privacy Risk Financial Services 137

erwin

APRIL 11, 2019

Keeping up with new data protection regulations can be difficult, and the latest – the General Data Protection Regulation (GDPR) – isn’t the only new data protection regulation organizations should be aware of. A number of high-profile data breaches and scandals have increased public awareness of the issue.

GDPR 100

GDPR e-Discovery Compliance Metadata 100

Reltio

NOVEMBER 9, 2020

Data plays a key role in enabling omnichannel connected customer experiences. It's critical that sales, call center, support, field services, and customer-facing operations teams have the data and customer experience processes to deliver connected customer experiences. Enabling Omnichannel Connected Customer Experiences.

Customer Experience 72

Customer Experience MDM Retail Data science 72

CGI

JANUARY 7, 2020

Data monetization in banking: Driving customer centricity and business value. Banks are awash with data of different types and formats, as well as different levels of detail. While all data is stored, banks use it for different purposes, such as regulatory compliance, customer behavior analysis, and other strategies.

Analytics 84

Analytics Marketing Compliance Risk 84

Reltio

FEBRUARY 23, 2023

The data landscape has undergone tremendous transformation in the last two decades. Gone are the days when data was relegated to the IT department and buried in the basement. Over one-third of North American public companies now have a Chief Data Officer (CDO)—a role that did not even exist 20 years ago.

MDM 98

MDM Sales Insurance Marketing 98