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Deepseek AI Takes Root In China’s Banks

Global Finance

Brokerages including Sinolink Securities, Industrial Securities, and GF Securities quickly followed suit. ICBC uses DeepSeek for wealth management tasks and financial data analysis. Bank of Beijing uses the app for data analysis through a partnership with Chinese IT conglomerate Huawei.

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Technology Safeguarding The Age-Old Practice Of Financial Data Sharing

PYMNTS

The approach to financial services for consumers and businesses is quite vast, but across the spectrum, access to and management of financial data is a critical component. Finicity , a company built for financial data aggregation, is jumping into the conversation.

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The Evolving Role of CFOs in the Digital Age

CFO Plans

As stewards of financial data, CFOs must prioritize cybersecurity measures to ensure the security of sensitive information and maintain client trust. Secure Financial Data Management: A Top Priority At the core of modern financial services is secure financial data management.

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Industry Calls For Data-Sharing Framework To Enhance Security

Global Finance

However, due to existing privacy laws and regulations, banks remain hesitant to share financial data. If data is shared, it is done via lateral agreements. From a technology perspective, relying on lateral agreements doesn’t scale well, and participation is entirely voluntary.

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Taking a strategic approach to AI adoption

Future CFO

As businesses navigate their way around various technological advancements, finance teams are faced with the task to integrate analytics and automation into their existing processes, determining at the same time which specific system to transform first for maximum operational impact.

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Payments Providers Combat The Conflict Between Security, User Experience

PYMNTS

In financial services, demand for ease of use and security are sky-high, even for business customers. But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena.

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Consumer Financial Protection Bureau Seeks Advice On Financial Data Access

PYMNTS

The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators.