By: Wilson Chou Before 2008, working for the right investment banking group on the right deals typically led to generous bonuses that could allow an individual to comfortably move to a new opportunity after a three-to-five-year run. But every job was extremely demanding. Bankers frequently clocked 100 to 120 hours a week and racked Read more...
George Osbourne, Ex-Chancellor of the UK Exchequer had famously said “The starting point must be that every British company is a target, that every British network will be attacked, and that cyber-crime is not something that happens to other people.” There is no question that breaches will continue to happen. Today the discussion is more Read more...
Last month at Money 20/20, we announced a collaboration with Temenos and Bank Leumi, Israel’s leading bank, to create an advanced digital banking platform for banks worldwide. While at the show, we sat down with Ilan Buganim, Chief Technology Officer and Chief Digital Officer at Bank Leumi, to talk about our collaboration, the adoption of Read more...
Active. Dynamic. Thriving. In the very near future, you’ll likely be using these adjectives to describe your branch bank. The Internet of Things (IoT) is why. “IoT is fundamentally changing how we live, how organizations operate and how the world works,” said Michael Dell, Dell Technologies’ chairman and CEO, at this month’s IQT day, just Read more...
Today at Money 20/20 in Las Vegas, VMware and Temenos announced a collaboration with Bank Leumi, Israel’s leading bank, to create an advanced digital banking platform for banks worldwide. The new solution available today is based on the platform originally developed for Pepper, Bank Leumi’s fully-mobile bank. Launched in February by Bank Leumi, Pepper offers Read more...
Today at Money 20/20 in Las Vegas, VMware shared results of our recent survey of banking professionals that explores how technology will shape the future of the banking industry. One thing that is becoming abundantly clear to banking leaders is that technology, perhaps more than any other force, will drive the industry’s next wave of Read more...
Blockchain and its power for innovation is inevitable. It seems every day a financial services company announces a pilot experiment with blockchain technology. Per a survey from Cognizant, over the past two years, banks have come to accept blockchain technology as a useful—and potentially transformative—innovation with the power to enhance or create new services. According Read more...
Well known as the “What’s in Your Wallet?” company, Capital One is a financial holding company that offers a broad spectrum of financial products and services to consumers, small businesses, and commercial clients through a variety of channels. Yet Capital One sees itself as a technology company that also happens to be a bank, according Read more...
The shift to digital banking has begun, say global financial services IT leaders recently attending a roundtable hosted by The Banker. Convenience, speed, agility and the ability to create intuitive user experience without compromising security is a standard requirement of the rapidly changing customer-bank relationship especially given the shift we’re seeing in customer demographics. Read more...
Large banks are relying on custom cloud-native “modern” applications to accelerate innovation and reduce time to market while increasing scalability and availability. And VMware is here to help. Last week at VMworld, we announced a new partnership with Pivotal that enables development teams with the choice of frameworks, tooling and container infrastructure they need to Read more...
