The latest executive report published by IBM Institute for Business Value puts the estimated cost of cyber crime to the global economy in a range of USD 375–575 billion per year. Reputational damage, which is hard to calculate, comes on top of all this. No industry and geography has remained
This is the first in a sequence of blogs that looks at how Planning Analytics and Decision Optimization can help organizations go from a plan to the right plan by leveraging optimization throughout the planning process.
The financial industry faces a wide range of priorities including customer experience, instant fulfillment, cyber security, risk management and compliance, and expenses. A modern financial services platform is needed to strengthen financial businesses as they progress into the future. And this
Are you looking for a book to help you navigate through the extraordinary changes that technology is bringing to our world? Change is a constant in life. Take a quick skim through these four books that help you better understand how artificial intelligence, blockchain, cognitive computing and
One thing that a recent event in Beijing, China confirmed is there’s no shortage of interest in machine learning for developers in that region. Take a look at snapshots of event highlights featuring rich content on artificial intelligence, cognitive capabilities, machine learning and more presented
Historically, Master Data Management (MDM) projects have focused on creating a single view of the truth that can be consumed by business processes. Learn more about how the evolving need to utilize MDM serves as catalyst for a new solution extension offering a managed data preparation and data
Fintech products and innovative banking business models are creating a disruption upheaval in the global banking industry. Discover how retail banking can redefine business and operating models by offering innovative customer propositions through implementation of a big data–enabled recommendation
Analytics enables banks to comply with regulations and reduce the risk of fraudulent practices in four major areas. These innovation-driving areas include identifying suspicious transactions, staying within the law to uncover predatory lending practices, defending against online threats and
Businesses are transforming before us. With a strong focus on innovation and digital interfaces, winning companies are rethinking how humans and machines interact. The Cognitive Era is opening up many avenues for banks to outthink competition by adopting new strategies and leveraging technology in
Ubiquitous data is so easily generated, and for that reason many enterprises today are exceedingly challenged to handle it all successfully. Take a look at a comprehensive information lifecycle governance solution that can help prevent enterprises from becoming submerged in their own sea of data.
Cloud computing has been around for quite a while, and today it is characterized as a collaborative, secure and cost-effective platform largely fueled by Internet-based ecommerce. And while the analog processing of paper-based information may not yet be a thing of the past, see why cloud-based
Gottfried Leibbrandt, chief executive of the Society for Worldwide Interbank Financial Telecommunication (SWIFT), declared that he is going "on the offensive against cyber criminals." With the recent spate of cyber attacks on banks including an 81 million heist we are in dire need of a tight
A marked shift toward business participation in technology conversations couldn’t be more evident than it is to an industry analyst. Gain an analyst’s perspective on how customer-facing, content-rich processes for achieving customer loyalty are now the order of the day.
The application of analytics and capturing information inside business documents can lead to all sorts of information for running smarter, faster and highly competitive businesses. Take a look at a few examples of how a workflow can dramatically change where and how information is collected and
Something interesting is happening, and it is causing banks and other financial services to rethink how they are doing business. Customers are embracing mobile and digital channels more and more each year, and to be successful, companies must deliver customer engagement via those channels.