Regulations are the music to which businesses perform a delicate dance. If you took to the stage, a move or two out of sync would not cause the floor to drop out from underneath your steps. But for businesses moving to the rhythm of regulations, most particularly for banks and other
During these times of uncertainty, all companies are being stressed in new ways; supply chains are being halted with employee sickness, retail store doors are closed to encourage social distancing, and health care facilities are overwhelmed by patient demand.
In the wake of COVID-19, our banking
Financial services organizations face considerable challenges today. From regulatory changes to globalization to shifting customer expectations, the urgent need to re-engineer outdated systems to better manage vast amount of data can apply additional pressure. Organizations must deal with the
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
Technology is transforming the financial services industry through advanced analytics, behavior finance, mobile computing, predictive analytics, robo advisors and now cognitive computing. Industry experts were recently asked to answer this question: “What is the most exciting change you anticipate
In a world overrun with competing local, national and global regulations touching every aspect of finance, compliance can seem elusive—even unattainable. Yet, modern financial institutions have the ability to not only survive but also thrive amid an ever-changing regulatory landscape. Discover how
Fraud detection and prevention are critical, but the banking industry needs to see beyond fraud. By effectively using cybersecurity assessment tools, banking regulators and institutions along with the financial services industry need to intelligently adapt and be ever-vigilant against the rise in
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.
Rising use of mobile devices by cyber criminals to do their dirty work is in lockstep with the trajectory by which consumers are using mobile devices to do their banking. The reason, quite simply, is the same for both types of users—convenience. Fortunately, financial institutions are taking the
No one can predict the future for certain, but generating a data forecast could be the next best thing. Register for IBM InterConnect 2016 to discover how IBM and the Internet of Things are changing the way that insurers do business.
The financial services industry is extremely competitive. Strategic financial planning is key to survival and long-term success. A robust approach to organizational analytics helps businesses uncover opportunities for increased automation and efficiency.
Banks need a good strategy to keep from being blitzed by money laundering. Banking analytics can give financial institutions the offensive strength to put money laundering on the run—and keep it that way.
When you step outside your analytics comfort zone, you could bring groundbreaking innovations with you when you step back in. Take a look at how cross-industry analytics applications are carrying businesses to new frontiers.