Insights Distilled

This week's edition dives into Insight IGNITE's massive new State of Enterprise Tech report, which is packed with data on leaders' key priorities around cybersecurity, AI, digital experience, and modern infrastructure:

This edition features the latest research from Evident, a new partnership between JPMorgan Chase & Co. and TIFIN, and more. Here's the news you need this week:

Sign up for Insights Distilled, the newsletter that curates the 5 key tech news stories that financial services execs need to know every week, with context on why they matter ➡️📧 --> https://lnkd.in/gWyP6Vx7 This week’s edition includes three stories that highlight the power of partnerships and why they’re crucial for driving innovation for big FinServs, especially around artificial intelligence. Here are our headlines: 💰 According to new research from Evident, five US banks are dominating early-stage AI investing within the industry, as they race to map the future of the industry.  🏦 JPMorgan backs AI-powered wealth management studio, TIFIN. ☁️ Top banks are collaborating through FINOS on open source standards for cloud compliance.  🔁 Bank of America tech exec Andrew M. calls fintech-FinServ collaboration a “never-ending evolution loop.” 🤝 To ebb the tides of under-performing digital transformations, leaders need to trust and empower their teams to pivot when necessary.  For much more on those stories and to stay-up-to-date on the technologies shaping financial services, subscribe today >>

This week's edition features tech tactics and strategies from Capital One and Morgan Stanley, as well as analysis on FedNow's big picture impacts. Here's the news you need this week:

Sign up for Insights Distilled, the newsletter that curates the 5 key tech news stories that financial services execs need to know every week, with context on why they matter ➡️📧 --> https://lnkd.in/gGNGNwKJ This week’s edition explores the past, present, and future 🔮 Here are our headlines: 💸 Using Brazil’s Pix as a case study, here’s how newly launched instant payments service FedNow could eventually threaten credit cards’ dominance in the US.  🤝 The team responsible for helping Morgan Stanley work with tech companies – lead by Sean Manahan – has slashed its timelines from months to days.    💎 Karat Financial just raised fresh funding (and launched a partnership with Visa) to build financial tools for content creators.  💡 Deutsche Bank’s long, painful IT integration reveals some important lessons for other FinServs. 👩💻 Capital One touts its brand as helping it hire top-notch technologists and cut costs.  For much more on those stories and to stay-up-to-date on the technologies shaping financial services, subscribe today 📥   

This week's edition features tech tactics from Barclays and MerQube, as well as one bank CEO's principles for #generativeai:

Sign up for Insights Distilled, the newsletter that curates the 5 key tech news stories that financial services execs need to know every week, with context on why they matter ➡️📧 --> https://lnkd.in/gzRFfUtP This week’s edition features #GenAI, #quantumcomputing, and #virtualreality. Here are our headlines: 🤖💗 Citi’s CEO outlined the bank’s principles for generative AI, including that it could help increase empathy.  💰 Top FinServs – including Allianz and Citi – are pouring money into MerQube, a startup that’s taking on index-linked investments.  👩💻 Barclays is launching a “hackathon” to get banks, fintechs, and market infrastructure firms to come together to rethink an outdated and inefficient sector.  🤝 Truist teams up with IBM to build quantum computing skills and run experiments.  🏦 Bank of America uses virtual reality to help employees absorb training info faster – and 97% of participants said they felt more comfortable performing tasks after using a simulation.      For much more on those stories and to stay-up-to-date on the technologies shaping financial services, subscribe today. And if you’ve used virtual reality at work, let us know! > ⌨️     

This week's edition features tech tactics from Mastercard and HSBC, as well as advice for battling GenAI exhaustion: #APPFraud #GenAI #GenerativeAI #quantumtechnology