Investments in modern business intelligence (BI), augmented analytics and robotic process automation (RPA) will help drive IT spending in the banking and securities sector, according to Gartner.
Bulgaria's finance minister apologized to the country on Tuesday after admitting hackers had stolen millions of taxpayers' financial data in an attack that one researcher said may have compromised nearly every adult's personal records.
A review of the apps offered by Australia’s biggest banks has found Commonwealth Bank of Australia’s to be the best, for the third year in a row.
The rollout of a cloud-based integration platform has helped HESTA move away from a point-to-point integration approach and cut manual handling of data, according to the super fund’s IT manager Michael Collins
"Switching on the high beams to see what twists and turns we may need to lean into in the road ahead is fascinating and fun," Komarov says.
Banks have been sending millions of Americans credit and debit cards equipped with computer chips to improve the security of in-store purchases.
The Apple Watch supports Apple Pay, but it's unlikely that the smartwatch, coming April 24, will significantly boost the number of mobile payments made by U.S. customers.
Heading into the heart of hurricane season 10 months after Sandy slammed the New York metropolitan area, Wall Street has had time to reassess and revamp backup plans.
PNC Financial Services is targeting 18- to 24-year-olds with its Virtual Wallet, a mobile and online banking service that is designed for people who are setting up their first bank accounts. Since the service launched in August 2008, PNC is averaging 200 new accounts per day, says Michael Ley, vice president at PNC.
In the coming weeks the feds and the surviving financial services institutions will have the daunting task of unraveling all the securitized loans and other instruments that are hiding the toxic investments. But does the technology exist to do that? And if so, could it have been used to prevent the bad debt from hitting the fan in the first place?
Today, your customers want service quickly, at their convenience. Customers need to be able to do everyday banking, open accounts, sign loans and more, from anywhere, at any time, on any device. They are seeking the omni-channel experience, with the flexibility to start a transaction in one channel and complete it in another. As a result, the traditional way of signing forms and documents is changing – from paper to paperless. Read more here
