Financial Services IT

Financial Services IT news, analysis, how-to, opinion and video. | CIO

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Bank of England eyes saving of 'tens of billions' by using blockchain

The Bank of England is committing to distributed ledger technology to improve the speed and efficiency of the settlements system in the UK


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42% off TurboTax Deluxe 2016 Tax Software Federal & State - Deal Alert

No Tax Knowledge Needed. TurboTax will ask you easy questions to get to know you and fill in all the right tax forms for you. And TurboTax is tailored to your unique situation—it will search for the deductions and credits you deserve,...

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How small businesses sell themselves short on accounting

While one in four businesses plan to integrate their accounting with invoicing and payments by the end of 2017, over 27 percent have no plans at all for integration.

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How digital transformation created the economy of complexity

Digital transformation will change the way consumers and suppliers relate and behave. The range of offerings will become more complex. More than ever, IT executives must be aligned with business and use today’s digital technologies...

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How to protect yourself from ATM crime

Banks like Wells Fargo are rolling out much better ATM security. Here's why it won't stop ATM theft.

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How artificial intelligence is impacting the highest levels of finance

While the jury is still out on how artificial intelligence will shape the future, it is actively shaping our present. One of the industries that's embracing A.I. is finance. If properly implemented in that industry, A.I. could help...

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Banking-as-a-Service and the survival of banks in the digital age

Banks have traditionally been considered pioneers of process automation, but they are currently in the background of today’s digitized, customer-driven financial services landscape. The disruption of traditional banking grows stronger...

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Your ERP project can be improved by... ’80s movie quotes?

Implementing a new ERP system is a full-contact sport. As the project lead, you need to deal with a new technology, competing priorities for scarce resources, multiple vendors and a very stressful environment. You need to be ready to...

Fraud gang targeted large European companies

Recent malware attacks on Polish banks tied to wider hacking campaign

Malware attacks that recently put the Polish banking sector on alert were part of a larger campaign that targeted financial organizations from over 30 countries.

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'Fileless malware' attacks, used on banks, have been around for years

Fileless malware attacks, which were recently discovered in the networks of at least 140 banks, telecoms and governments, account for about 15% of known attacks today and have been around for years.

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A call for action -- the renaissance of enterprise IT

During the time of transition from industrial-age to digital-age practices, what the business needs most is a renaissance of enterprise IT. This is an exceptional opportunity, a call for action, for CIOs and CDOs to spearhead the...

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The 2017 state of strategic digital banking

Banks are struggling to survive through the digital age. In order to compete with FinTechs, regulatory mandates and consumer requirements, banks must be able to plug-and-play into the digital business ecosystem to recover market share...

Fraud gang targeted large European companies

Polish banks on alert after mystery malware found on computers

Malware discovered on computers and servers of several Polish banks has put the country's financial sector in alert over potential compromises.

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Online card fraud up as thieves avoid more secure chip cards for in-store payments

Deterred by more secure chip cards for in-store payments, thieves have resorted to stealing credit-card numbers and passwords or opening new accounts with false credentials to use in making online payments for purchases, according to...

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How to build a sustainable, value-focused data culture

Financial services CDOs weigh in on how regulation, growth and cost drives their current efforts and how each will affect future endeavors.

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54% off Quicken Deluxe 2017 Personal Finance & Budgeting Software, Disk or Download - Deal Alert

Take control of your finances. Quicken imports your bank transactions safely and automatically, even from loan, investment & retirement accounts. It categorizes your transactions and puts them in one place. Use it to create a plan to...

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How Hadoop helps Experian crunch credit reports

Experian is quickly crunching massive amounts of data and making it available to customers thanks to the open source software as well as microservices and API technologies.

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Reinventing the job of CIO in financial services

The role of the CIOI think in financial services doesn’t need to be enriched. It needs to be entirely reimagined.

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Financial regulators use AWS’s cloud to analyze 75 billion trades daily

When FINRA – the Financial Industry Regulatory Authority – migrated to the cloud, CIO Steve Randich didn’t dip his toe in, he jumped in headfirst. At the AWS re:Invent conference Randich explained this organization’s full embrace of...

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