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10 Bank Technology Trends to Follow for 2024

South State Correspondent

While technology has always been important in banking, it has yet to drive the essential functions of banking. We tracked almost 100 banking technology trends throughout the year and now bring you the top ten, in order, based on our view of long-term strategic importance. In the last year, this has started to change.

Trends 195
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Leaked Documents Show UN Facial ID Tenets Framed By China

PYMNTS

Technology firms in China are framing facial recognition policies at the United Nations (UN), The Financial Times (FT) reported on Sunday (Dec. 1), citing leaked documents. . Standards offer companies a market advantage since the regulations are developed to complement their own proprietary technology.

National 144
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BlackBerry On 5G And The IoT Security Problems That Must Be Fixed

PYMNTS

IoT providers have hit an innovation streak in recent years, utilizing increasingly sophisticated technologies such as artificial intelligence (AI) and data tools like machine learning (ML) to rapidly expand the world of connected things. All of this will be accomplished with an emphasis on security and user safety.

Security 193
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Go Where No Operations Department Has Gone Before – Instant Settlement

Perficient

In this blog, we wanted to share a practical solution that blockchain technology can offer financial services institutions – the ability to provide instant settlement and optimize collateral on demand. Current market issues related to settlements and risks with margin were highlighted in January 2021 with the short squeeze of Gamestop stock.

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The Horizontal, Embedded 2023 Technology Plan

Gonzobanker

Back in the day, when I was the CIO of a bank, we had a Technology Plan. It was a single document that had every aspect of the bank’s technology goals for the year – hardware, software, vendors, projects (all led by information technology, or IT, by the way) – the entire bank IT budget. digital banking). digital banking).

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Data – The Lifeblood of Intelligence Automation

Perficient

Some data may exist in secure warehouses, others within Salesforce, or Amazon Web Services S3. Salesforce Data Cloud Securely Brings It All Together Businesses can leverage the power of tools such as Salesforce’s Data Cloud to bring together multiple data sets.

Data 491
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How Mobile Technology Is Changing Insurance Claims

PYMNTS

There are several complexities associated with reviewing and settling claims, given the nature of the insurance industry, which requires stringent customer authentication and documentation. v , said in a recent interview with PYMNTS. Mobile Insurance Disbursement Challenges.

Mobile 198