financial-institutions
Top StoriesExclusive-Four Banks Quit Initiative Assessing Climate Targets-Sources
FinanceThe Convergence of Sanctions Programs With AML & KYC Programs Is Critical for Effectiveness
BankingFastest Growing Corporate Bank in Georgia in 2023: Basisbank Recognized by Global Banking & Finance Review
BankingDon’t Let Economic Uncertainty Cloud Your Digital Roadmap: How Banks Can Chart a Clear Path for Innovation
Common Pitfalls in Cloud Migrations and How to Avoid Them
Date: October 2, 2023
Common pitfalls in cloud migrations and how to avoid them By Yuvaraj Madheswaran In today’s rapidly evolving technological landscape, the move to the cloud is a near-inevitable journey for financial institutions seeking agility, scalability, and cost-efficiency. Although adoption in the financial-services industry lags behind many other sectors, cloud migration is gaining momentum. While the value...
Four Change Management Strategies to Foster Successful Cloud Transformation at Financial Institutions
Date: September 27, 2023
By Cenk Ipeker, General Manager, Cloud, NICE Actimize In recent years, the financial services industry has seen a paradigm shift in the cloud adoption conversation from “when it will happen” to “it’s happening right now.” Many financial institutions today deploy cloud as part of their core computing infrastructures. However, cloud transformation is a strategic decision...
Dangerous Dependency: How a New Approach Can Remove the Damaging Crutch in the Banking and Finance Industry Created by Widening IT Skill Gap
Date: August 18, 2023
Dangerous dependency: How a new approach can remove the damaging crutch in the banking and finance industry created by widening IT skill gap By Julian Hamood, President, Trusted Tech Team In today’s hyper-connected world, the banking and finance industry has undergone a profound digital transformation, elevating technology to the forefront of operations. As the sector...
How Banks Can Build Trust With Customers: Privacy-Centric Strategies
Date: August 16, 2023
By Caleb Benningfield, principal solution architect, Amperity Customers want personalization. It used to be that as customers browsed websites and made purchases from brand to brand, third-party cookies would collect data on their movements. With all their online behavior tracked, marketers could follow customers across the web and deliver customized ads. But the old ways...
UBS Shuffles Bank Bosses in Bid to Better Compete With Wall Street
Date: August 8, 2023
UBS shuffles bank bosses in bid to better compete with Wall Street LONDON/NEW YORK (Reuters) -UBS on Monday announced an overhaul of its investment banking division, including naming the unit’s M&A chiefs, marking a key step in integrating Credit Suisse. UBS CEO Sergio Ermotti is seizing on the opportunity presented by the rescue takeover of...
SocGen Reaches Settlement With U.S. Regulators Over Messaging Probe
Date: August 3, 2023
SocGen reaches settlement with U.S. regulators over messaging probe PARIS (Reuters) – Societe Generale, France’s third-biggest listed bank, has reached a settlement with U.S. securities regulators amid a probe over the use of messaging platforms, the lender said in its first half financial report released on Thursday. The Securities and Exchange Commission (SEC) in 2021...