by Manasee Dash “The best way to predict the future is to create it.” That’s what management consultant Peter Drucker said, and what we found top financial services IT leaders worldwide ruminating on at VMworld 2018. Even as IT execs are managing day-to-day bank operations, they’re architecting the future foundations of their firms. And that’s Read more...
I saw it, and I felt it. The “it” I’m referring to was a silent, yet collective “yes” in the audience that later seeped into VMworld 2018 conversations. It was the response to Pat Gelsinger’s words, seemingly an admonition from VMware’s CEO to all of us in attendance: “Tech as a force for good is Read more...
Back by popular demand, VMworld Industry Workshops featuring healthcare, financial services, government, and education digital transformation leaders will take place Sunday, August 26. Each pre-conference workshop offers a unique opportunity to hear peers describe their visionary perspectives and practical approaches to tough industry challenges. Organizations and agencies looking to improve engagement, empower employees, strengthen cybersecurity, Read more...
“Yesterday’s wow quickly becomes today’s ordinary.” That’s how Digital Banker Of The Year, Fifth Third’s Tim Spence described the current state of financial services, borrowing the quote from Jeff Bezos. Tim is EVP, head of Payments, Strategy, and Digital Solutions at the bank. As I sat in the Austin audience listening to Spence speak, I Read more...
The deadline for compliance with the European Union General Data Protection Regulation (GDPR) passed on May 25, 2018 and it represents the most sweeping change in data privacy in more than 20 years. Any organization that collects or processes “personal data” – think personally identifiable information (PII) – on anyone in an EU country (EU Read more...
Perspective is everything. In meetings with banking leaders this week, I heard a lot of frustration. We want to do this, but compliance is pushing back. Lines of business want us to do these projects, but IT can’t do them without doing these other things first. Friction is natural in any business, but I’ve seen Read more...
By Pam Takahama To be anything, must a business now be everywhere? That’s a question I’ve begun to regularly ponder because heading into my local grocery store, I can now stop at my bank. When I pick up a prescription, I notice individuals at kiosks, taking their blood pressures. When I walk into a Read more...
By Pam Takahama Director – Industry Marketing, VMware Still working and spending, Baby Boomers may not be as tech-savvy as digital natives, but they’re adopting smartphones. Baby Boomers who once represented 40 percent of the U.S. population, today still represent 20 percent. More importantly, they generate $2.4 trillion in annual income and account for half Read more...
We keep reading stories about how banking around the globe is going digital and mobile, but what touches (and inspires) me the most is the impact of digital banking in the lives of people in some of the poorest countries in the world. Per a study of 150,000 consumers polled by Gallup for the World Read more...
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...
