bankingciooutlook
business

Financial Services Keep Pace with Consumer Expectations through Innovation
Bankingciooutlook >> cxoinsights

Terry Rodrick, VP of Cards & Payments, First Tech Federal Credit Union

Digital transformation has brought with it dramatic change in how people interact with businesses. This is especially true in the financial services industry—the way our financial institutions work with us is evolving quickly, and so is the...

How Technology drives Employee Experience... and Outcomes
Bankingciooutlook >> cioviewpoint

Claudette McGowan, Chief Information Officer, Enterprise Technology Employee Experience, BMO Financial Group

The global workforce is undergoing a massive shift. By 2020, Gen Z—those born between 1995 and 2012—will make up roughly 20 percent of the workforce; by 2025 it’s expected that Millennials will account for nearly three quarters...

The Nothing Corollary: Nothing Changes if Nothing Changes
Bankingciooutlook >> cioviewpoint

Matt Rider, CIO Information Technology, Franklin American Mortgage Company

You are probably familiar with the adage insanity is doing the same thing over and over again expecting different results. Well, there is a corollary that is just as powerful and enlightening; nothing changes if nothing changes. Innovation is...

AI trends for future
Bankingciooutlook >> news

Artificial Intelligence has the power to change almost everything about the way companies do business. Business is expecting astonishing breakthroughs in the coming year also. AI points towards a future where it not only does the physical work but...

FinTechs are Challenging the Autonomy of Banks
Bankingciooutlook >> news

Technology has changed the way enterprises conduct their business today. New and innovative technologies have outsmarted the traditional methods of doing business. The fintech services are the new system that has ended the monopoly of banks over...

An Insight in ECC Data Issues Impacting Financial Results
Bankingciooutlook >> cxoinsights

Eric Brink, CEO, ERPmenu

Introduction In the day and age of Big data and Business Intelligence (BI) one thing stays the same; data quality, which is a pre-requisite for good reports and management informations. When the data in your SAP ERP system is...

An Insight in ECC Data Issues Impacting Financial Results
Bankingciooutlook >> cxoinsights

Eric Brink, CEO, ERPmenu

Introduction In the day and age of Big data and Business Intelligence (BI) one thing stays the same; data quality, which is a pre-requisite for good reports and management informations. When the data in your SAP ERP system is...

An In-Depth Sight on Banking Technology
Bankingciooutlook >> cioviewpoint

Sandeep Khera, Chief Information Officer, XAC Bank

The Future Trends in Financial Services Industry Technology driven disruption is on cards. As an observation, the queues at bank counters have become shorter, branches have become smaller and transaction data is directly stored on the...

Influence of Cloud Computing on the Banking Sector
Bankingciooutlook >> news

The implementation of cloud computing has created an enormous change in the banking industry where many challenges faced by the banks are the same as the other industries.The major concern is the stringent security and compliance standard...

RegTech: What will it Take to Succeed?
Bankingciooutlook >> cxoinsights

Venkatesh Bala, Chief Risk Officer, Biz2Credit

Introduction It’s been estimated that regulatory compliance costs more than $70B annually worldwide for financial services firms. Historically, compliance has been manual-intensive and burdened by old systems and processes at even the...

Impact of Fintechs on the Banking Sector
Bankingciooutlook >> news

Fintech evolution has significantly affected the financial services industry as fintech startups are disrupting the traditional finance sector with the innovative technologies and business models. In the modern era of banking,...

MoneyLIVE: Nordic Banking conference in Copenhagen November 2018
Bankingciooutlook >> news

MoneyLIVE: Nordic Banking conference presents over 200 senior officials from the banking world to share insights on AI, open banking, lifestyle portals, FinTech and more. Why attend? • Discuss the opportunities of open banking and the...

Augmented Intelligence is Improving the Customer Experience
Bankingciooutlook >> cxoinsights

Tom Lutz, Senior Vice President & Chief Procurement Officer, U.S. Bank

At U.S. Bank, customers and their experiences with us are central to everything we do. As we evolve with our customers, “One U.S. Bank” is the guiding principle that is transforming U.S. Bank for our employees and customers, and...

A Credit Union View: Carefully Streamlining our Members' Loan Process to One Platform
Bankingciooutlook >> cxoinsights

Sonya McDonald, Executive Vice President & Chief Lending Officer, Randolph-Brooks Federal Credit Union

One of the latest promotional emails to land into the inboxes around our offices recently has a message with a forward-thinking sales pitch. Yes, it’s a typical “form-letter” email, but perhaps we should pause every now and then...

Focusing on Delivering Business Value
Bankingciooutlook >> cxoinsights

Kyle Welsh, CISO, BECU

In today’s fast-paced world, work comes to the Information Technology professional and their part of an organization from all directions. Coupled with the non-stop distractions from their smart phones, that is both driven by and exacerbated...

A Report from the Front: Transforming IT to Enable Business Strategy
Bankingciooutlook >> cioviewpoint

Eileen Baines, SVP & CIO, CoBank

Technology is transforming at a faster pace than ever. As leaders of the IT function, we need to think of ourselves as innovators and change agents –as enablers of business strategy –rather than order takers or cost centres. As a...

Five Best Practices for Streamlining the Contracting Process
Bankingciooutlook >> cxoinsights

Derek Gruber, VP Manager Contract Services, U.S. Bank

Managing Enterprise third party contracts can be daunting. In the case of a large financial institution, the sheer scope of work includes hundreds of third party vendors and thousands more contract documents. We work in an environment where it is...

Connected Car Revolution through Cloud
Bankingciooutlook >> cioviewpoint

Raman Mehta, CIO, Visteon Corporation

Could you give an overview of a CIO’s role in terms of revolution within an IT organization? The way I see the CIO is that from a Chief Information Officer, you need to become a Chief Influence Officer along your journey. The influence...

Trend Setting Technologies of 2018
Bankingciooutlook >> news

With the invention and integration of new technology in the everyday market, businesses are looking forward to optimizing their workflow and reduce downtime to maximize business growth as well as the profit margin. Following are some of the...

AnalyticsOps: A Natural Extension of DevOps
Bankingciooutlook >> cxoinsights

Vishwa Kolla, AVP & Head of Advanced Analytics, John Hancock Financial Services

In 1997, when Deep Blue beat Kasparov, it had to crunch through atleast 5K scenarios on each move. In 2016, when AlphaGo beat Lee Sedol, it had to crunch through at least 5M. It is not surprising to see why Analytics professionals take pride in...

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