Clover Infotech brings to you a curated round-up of important technology news and updates –
#1 New Oracle Cloud Service Enables Smarter, Faster Anti-Money Laundering Compliance Process for Financial Institutions
Oracle announced the Oracle Financial Crime and Compliance Management Automated Scenario Calibration (ASC) Cloud Service, which transforms monitoring of anti-money laundering (AML) transactions by automating the manual process of scenario tuning. AML scenarios are designed to detect and prevent money laundering, terrorist financing, and other financial crimes.…CONTINUE READING
#2 Gartner Identifies the Top Trends Shaping the Future of Cloud
Gartner, Inc. has announced the top trends shaping the future of cloud adoption over the next four years. These include cloud dissatisfaction, AI/machine learning (ML), multi-cloud, sustainability, digital sovereignty and industry solutions. These trends are accelerating the shift in how cloud is transforming from a technology enabler to a business disruptor and necessity for most organizations…CONTINUE READING
#3 New Oracle Cloud Services Help Retail Financial Institutions Modernize Lending and Collections
Empowering retail financial institutions to modernize their lending operations, Oracle announced new cloud services – Oracle Banking Retail Lending Servicing Cloud Service and Oracle Banking Collections Cloud Service. Available now, this new technology offering makes it faster and easier for financial institutions to reduce risk while delivering compelling new services and pricing options to customers, optimizing loan servicing, and streamlining collections…CONTINUE READING
#4 Gartner Survey Reveals That CEOs Believe Their Executive Teams Lack AI Savviness
Only 44% of CIOs are deemed by their CEOs to be “AI-savvy” according to a survey by Gartner, Inc. The Gartner CEO and Senior Business Executive Survey of 456 CEOs and other senior business executives worldwide was conducted from June to November 2024 and measured CEOs’ perceptions of the C-suite. The survey revealed that 77% of CEOs believe AI is ushering in a new business era…CONTINUE READING
#5 Gartner Survey Finds 70% of CDAOs Are Responsible for AI Strategy and Operating Model
Seventy percent of chief data & analytics officers (CDAOs) have the primary responsibility for building the AI strategy and operating model for the organization, according to a new Gartner, Inc. survey. The Gartner CDAO Agenda Survey for 2025 from September through November 2024 among 504 data and analytics executive leaders across the world…CONTINUE READING
#6 Cybersecurity threats CISOs should be most worried about in 2025
As geopolitical tensions rise and regulatory landscapes shift, so has the cybersecurity landscape. Businesses now face mounting challenges from the rapid evolution of generative AI (GenAI) to increasingly sophisticated cybercriminal tactics like deepfakes. Based on data and trends from the changing dynamics in the threat landscape, Forrester’s latest report, titled The Top Cybersecurity Threats in 2025…CONTINUE READING