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The Future of Financial Services: The Role of AI and Cloud Computing

Introduction Artificial Intelligence (AI) and cloud computing are revolutionizing the financial services industry. These technologies offer transformative potential across various applications, from enhancing customer experiences to automating business processes and improving compliance. This article delves into the benefits of AI and cloud adoption in financial services, highlighting their critical roles in shaping the industry’s future. …

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What is Artificial Intelligence in FinTech

As artificial intelligence (AI) starts to enter the financial technology (fintech) sector, there is a lot of buzz and excitement around what it could mean for the future. Artificial intelligence is the next frontier in fintech, and it is changing the way we do banking. Imagine a financial world where you can open an account …

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Is fintech-banks convergence inevitable?

Fintech: Born to Challenge The very beginning of the fintech movement can be traced to 2008 financial crisis and later attempts for the reinvention of financial services by leveraging digital technologies. Since its inception fintech was challenging the status quo of the financial industry. It used to promise (and still does so) to change the …

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The Fintech ecosystem is exploding. Alloy is at the heart of that.

Building a successful financial services offering requires a delicate balancing act. Fintech startups need to manage risk and compliance while also delivering innovative solutions. Doing both things well is far from easy, which is why Alloy provides such a vital piece of the Fintech infrastructure stack. As financial services become increasingly digital, companies often struggle …

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What Price Cybersecurity? – A Series of Essays Discussing the True Costs of Cybersecurity

As a Government Contracts consultant I frequently interact with clients concerning various requirements in their contracts. Often this means interpreting the requirement(s) and advising my client with respect to what they are contractually obligated to do so as to comply with various requirements. Often this leads me down rabbit holes – and as Lewis Carrol …

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5 Benefits of Social Media for Your Small Business

Due to the sheer volume of users and potential reach, Facebook has become the largest online advertiser behind Google’s parent company, Alphabet. And they aren’t alone. Big business adoption of social media as a viable marketing channel has given brands unprecedented access to consumers and these platforms are responding. Social media giants like Facebook, Instagram, …

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Are Your Customers About To Dump You?

I have had the same mobile (cell phone) company in the UK for around 25 years. However, I am about to leave them—and they don’t know it. With my imminent departure on the horizon, I wondered how do organizations avoid customer defection? It turns out that customers usually indicate they are going to leave, and …

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Fintech and the power of Financial Inclusion in the developing world.

The industrial revolution was a revelation for many countries whose economies were able to advance at speeds not seen before. An unfortunate side effect of this was that the disparity between growth in the developed world and growth in the developing world, started to polarize exponentially at the same time and ultimately wealth and technical …

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Real World Examples of How Artificial Intelligence Is Being Used In Financial Services

In last few years, Artificial Intelligence has made the transition from a research topic to the early stages of enterprise adoption. From voice-powered personal assistants like Siri and Alexa, a robot that defeats a world-renowned player, to a car that can parallel park itself, there are several examples of artificial intelligence in use today. But in several industries, much of …

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A blockchain explanation your parents could understand

It’s happening in an increasingly frequent manner: “Jamie, explain this blockchain stuff to me. I’ve read a bunch of articles and I’m no wiser.” The problem with most blockchain explainers is that they provide more detail than what matters to most people, using language that is foreign to most people, which winds up leaving people …

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The enterprise tech world is evolving with newer ambitions. While the wings of innovation are spreading to newer skies, the technologists are finding it hard to play catch-up and are making sure they are in tune with the technology juggernaut. CIOCoverage aims to bridge this very gap that exists between the tech-savvy where he rests, in the very heart of it. Awakening a keen insight in you to move along the flow, CIOCoverage works to make the entrepreneurs, versatile to the sturdy technological influences.

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