Grupo Bancolombia plans to invest some $140 million USD in digital transformation and artificial intelligence initiatives this year.
Lloyds Banking Group to Cut Around 1,000 Jobs and Invest Some £3 Billion on Digital Transformation
Lloyds Banking Group is aiming to “deploy new technology to drive additional operational efficiencies that will make banking simple and easier."
State of Outsourcing Report Reveals that Lines Are Blurring Between Front- and Back-Office Operations
“In a few months, the lever of automation will become more and more embedded and there will be less talk about a front and back office," says Phil Fersht of HfS Research.
Scotiabank Plans to Invest $1 Billion USD in Digital Transformation Over the Next Three Years
"Our customers want to do more of their banking through digital channels," said Brian Porter, Scotiabank chief executive
Q&A: How Unisys’ ClearPath Forward IT Platform Can Help Financial Firms
"Financial institutions that deal with hundreds of thousands of clients and huge money transactions daily can greatly benefit," says Marcel Valverde of Unisys.
BBVA and Amazon Web Services Sign Cloud Infrastructure Deal
BBVA is making AWS its "preferred" cloud infrastructure provider to help migrate its workflows to the provider's system.
Accenture Buys Allen International to Lead Banks in Digital Transformation
Accenture has bought a company that it believes can allow it to "help banks make the branch a physical manifestation of the digital experience."
Embarrassing Website Outage Ensnares Colombia’s Largest Bank
The downtime was reportedly due to Bancolombia's failure to renew a domain.
Enterprise 2.0: Digital Transformations Are Best Cooked Over Low Heat
An optimal digital transformation is something best achieved with patience — cooking little by little — and down-to-earth goals.