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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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Cloud Takes Center Stage at 2023 Bank Automation Summit

Perficient

The “cloud” refers to a global network of servers, each with a unique function, that works in tandem to enable users to access files stored within from any approved device. Security Traditionally, information was said to be most secure when separated and segmented. For many, this means starting their journey using microservices.

Training 492
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Topcoder On Minding The Financial Security Of Technology Contractors

PYMNTS

Many are thus turning to gig marketplaces, which can help them connect to programmers and other technology professionals, Dave Messinger , chief technology officer at Topcoder , said in an interview with PYMNTS. . Pandemic-related challenges have forced employers to find new ways to quickly attract and onboard talented workers.

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A Bank Automation Summit Preview: Key 2023 Banking Automation Trends

Perficient

The Summit brings together experts in the field, including bank executives, technology vendors, and consultants, to discuss the latest advancements in automation and its impact on the banking industry. The next offering for adoption within automation is more human-like Advance AI, which is being referred to as Autonomous Enterprise.

Trends 474
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Mastercard: Why A Truly Connected Economy Needs A New Security Paradigm

PYMNTS

The IoT [ Internet of Things ] digital explosion is changing everything that happens around us,” Mastercard Executive Vice President of Security and Cyber Innovation Johan Gerber noted in a recent conversation with Karen Webster. Security is a big deal because vulnerabilities no one has ever even thought of will pop up.

Security 245
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When and by Whom Should TRACE Transactions Be Reported? (Part 4 of 6)

Perficient

All broker-dealers who are FINRA member firms have an obligation to report transactions in TRACE-eligible securities under an SEC-approved set of rules. Transactions that are not reported within the specified timeframe are classified as late (FINRA TRACE reporting requirements always reference Eastern Time).

Report 294
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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