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The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.

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How IBM process mining unleashed new efficiencies in BoB-Cardif Life

IBM Big Data Hub

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. The path of digital transformation is fraught with challenges. As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co.,

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MY TAKE: Coping with security risks, compliance issues spun up by ‘digital transformation’

The Last Watchdog

Companies are being compelled to embrace digital transformation, or DX , if for no other reason than the fear of being left behind as competitors leverage microservices, containers and cloud infrastructure to spin-up software innovation at high velocity. A core security challenge confronts just about every company today.

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Business leaders highlight the need for a hybrid cloud approach to unlock the power of generative AI

IBM Big Data Hub

In 2023, organizations have faced an unprecedented level of pressure to digitally transform with the rise of generative AI as well as imperatives such as sustainability, labor productivity and security. For highly regulated industries that are tasked with safeguarding critical data, there’s a lot on the line.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

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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. One example of this is in insurance.

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BEST PRACTICES: Rising complexities of provisioning identities has pushed ‘IGA’ to the fore

The Last Watchdog

Related: Identity governance issues in the age of digital transformation. In this digitally transformed environment, maintaining perimeter defenses still has a place. Identity governance and administration, or IGA , has suddenly become a front-burner matter at many enterprises. Compliance matters. Talk more soon.