In business, aspiring to world-class is not enough when your competitors are already there. About half of the companies listed on the S&P 500 will be replaced over the next 10 years. Compared to the past, what’s unique about the disruption happening today is the rapid pace of change. During
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
The grand finale of the first IBM France Sparkathon invited Apache Spark developers to outthink the frontiers of client insights. Get the details on this event held during the IBM Business Connect conference and the application that took the top prize.
Banking industry leaders are rethinking their incentive compensation strategies in terms of risk and compliance. Here are some important questions—and some best practices—that can guide banking managers and executives as they develop incentive compensation plans that drive both compliance and
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
Join Martin Fleming, IBM’s chief analytics officer and chief economist, is exploring how cognitive capabilities help financial institutions adapt to an ever-changing regulatory landscape. To learn more about banking during the low-level equilibrium that besets the global economy, attend the Smarter
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
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
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
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.
Keeping customers at the center of the business is essential. Fulfilling this promise requires keeping up with demands for real-time communication and a seamless customer experience. And document capture cognitive technology offers decision data automation to make seamless customer experiences a
Discover data-rich insights into some of the key incentive compensation issues facing banks, and the ways in which bankers are deploying sales performance management technologies to meet these challenges.
Social media data tracking is driving new trends in the banking industry, including uncovering real-time economic trends, better and faster competitive threat analysis, instantaneous feedback on marketing campaigns and quicker responses to customer opinions.
Financial institutions everywhere face the ever-present threat of fraud, particularly in the relatively porous channels opened by electronic banking and payments—channels notably exploited by organized crime. Some leading financial institutions, however, unwilling to stand still as threats advance