Financial Services

Data is massive, messy and everywhere. Data is always on the move, coming from every imaginable source from data centers, branches, mobile devices to sensors. Who’s not struggling with how to make sense of data and use it to their advantage, all in real time? The ability to secure, aggregate, automa…

Suppose there is a treasure at the top of a mountain worth $405B. It is more than one person alone can carry back down the mountain, and you have a chance at that treasure. Many people want the treasure and will work hard to get to the top to claim it.   All you have to do is make a plan on how to g…

According to our latest economic analysis, there’s $405 billion in Digital Value at Stake in Retail banking from 2015 to 2017. In 2015, financial services institutions captured only 29% of the potential Value at Stake. There’s a lot on the table and disruptive new market entrants like FinTech startu…

Today’s bankers have no shortage of headaches. Agile “fintech” challengers, tech-savvy customers, complex compliance demands, legacy-burdened IT environments — all conspire to keep them up at night. But there is great news for retail banks — as Cisco has outlined in a new research study, “A Roadmap…

$81 million is what was stolen, undetected, out of a Bangladesh Bank account at the Federal Reserve Bank of New York. Unbelievable how the malware modified the SWIFT software and bypassed validity checks. This Bangladesh Bank breach highlights the wide range and new, creative ways hackers are innova…

There’s a first to everything. Being at Cisco for three and a half years now, I was asked to co-host my first #CiscoChat. Should be in line with first day on the job, first customer presentation, first Tweet, right? Having just came back from the CEB Technology in Financial Services Summit, witnesse…

Digitalization is dramatically changing the world, especially for Financial Services. Having to go inside a branch to schedule a meeting with a finance or mortgage expert is so yesterday. Service, convenience, security and analytics through all channels. During this week in Washington D.C., Cisco is…

Authors: Jason Bettinger, Financial Services Business Transformation Director, Cisco Bradley Mason, Vice President, Sentry Performance Solutions, Fiserv Changing technology is driving big changes in consumer expectations – and within the workplace. Financial institutions must transform customer e…

Citigroup has just released a report projecting European and American banks are going to cut over 1.7 million jobs in the next 10 years. The reason… fintech advancements. This estimate represents close to 30% of current staff levels and is in addition to the 750K jobs that have already been shed sin…