Remove Exercises Remove Innovation Remove Risk Management Remove Technology
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A thoughtful approach to generative AI

Abrigo

DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when. Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences. So, what is generative AI?

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Solve This Problem with Your Strategic Horizon

South State Correspondent

This all compares to about a 40%+ return invested in improving processes (loan, branch, cash management, etc.) In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground.

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Bank IT Spending – Use These Metrics to Improve Performance

South State Correspondent

Marketing and technology (IT) are two budgets that have taken the most significant hit. Benchmarking can help banks better optimize capital as it gives bank management a sense of what the average is for the industry. Technology-forward banks spend as much as 16.4% As such, bank budgets have come under scrutiny.

Capital 195
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Financial Crime: Technology can Transform Compliance

FICO

FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. We serve corporates, insurance companies, and banks – be it a retail, private, wealth management, automotive or telecom bank, tier 1 or tier 3 bank. What solutions do you have? Which use cases do you address? Why is it so hard?

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FFIEC Cybersecurity Maturity Assessment Tool

Cisco

It is part of a multipart blog series on financial regulations and how to manage them architecturally, geared towards IT leadership. The Cybersecurity Assessment Tool is fairly intuitive to use and the exercise should not be arduous for an organization to complete. Online Mobile Products and Technology Services.

Tools 114
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A Masterclass in Bank Total Experience In One Graphic

South State Correspondent

The bank’s technology seemed to make their people an impediment. Leaders managing product teams or departments should keep these fundamentals top of mind when launching or improving a program. The result was lower satisfaction scores than before, the exact opposite of what was trying to be achieved. Build from there.

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Two Ways to Get Real Change

Gonzobanker

Especially the “transformation” candy from cheery innovation gurus, caffeinated buzzword generators, and other esteemed members of the disrupterati. Somewhere in that immersion exercise or buried on page 24 of the slide deck, there was a sizzling nugget to take away and implement. The big challenges are culture and risk management.