BK Kalra
Jan 21, 2022

CIOs need to focus on keeping their IT infrastructure running smoothly, making better use of data and analytics, and getting the most from the cloud.

There’s a theme that keeps cropping up at most conferences I attend around the remodeling of banks.

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Who doesn’t love data? Banking has loved data long before we enshrined it as Big.

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I was sitting through a vendor presentation when a slide popped up titled: “Industry Pain Points.

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Providing superior customer service has been a key differentiating strategy for many financial institutions.

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In 2012, our research shows bank overdraft (OD) revenues down about 20% from their 2008 levels, although they still constitute well over half of the industry’s total checking account revenues.

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Fast-maturing Big Data tools provide companies with the ability to analyze far greater quantities and types of data in a shorter span of time.

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For the moment, Kabbage Inc.

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I recently took a phone call from a bank executive bemoaning the fact that it took about an hour to open an account at his bank.

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The buzzword of 2012 was “Big Data,” but what is Big Data and where did the idea come from? Big Data is a term that evolved from the Second World War, when the phrase “Big Science” was used to describe the rapid cycle of changes that occurred in scientific disciplines during and after the war.

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Managing the “behind-the-scenes” of back-office operational areas, such as consumer loans and transaction processing, bears a strong resemblance to putting on a Broadway show.

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Outsourcing is no stranger to big bank IT chiefs, who long ago shifted from the view that they needed to build important technology systems in-house.

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Innovation requires focus and a disciplined process.

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The frustration of small business owners with U.

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For the eight finalists of the 2012 BAI-Finacle Global Banking Innovation Awards, innovation means breaking outside of banking’s traditional product, services and channel categories and sometimes even pioneering game-changing or “disruptive” technologies.

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Banks often boast about the positive environmental contribution from eliminating paper documents.

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The death of Apple Inc.

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Just because something is heavily hyped, doesn’t mean it’s not a big deal.

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Banking is a cyclical industry and right now appears to be heading into another period of difficulty with the financial crisis in Europe and controversies over derivatives trading and the so-called “Liborgate” scandal.

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Surely your most critical strategic initiatives are entirely under your control, right? Think again.

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Ask the typical banker about his company’s social media strategy and you’re likely to be met with a shifting glance and nervous cough.

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