https://biztechmagazine.com/ en https://biztechmagazine.com/article/2026/08/why-ai-projects-fail-financial-services-and-how-get-them-back-track Artificial intelligence has quickly become a strategic priority across the financial services industry. Banks, credit unions, wealth management firms and insurers are all exploring ways to improve operations, reduce costs and risk, and enhance customer experiences through AI-powered solutions. Yet despite the enthusiasm, many AI initiatives never achieve meaningful outcomes. Organizations often discover that deploying AI is far more complicated than simply purchasing licenses for the latest platform.  AI implementation challenges typically emerge when organizations fail to clearly define… Mon, 17 Aug 2026 13:42:19 -0400 Kalimuthu Chithambaram, Stephen Getty https://biztechmagazine.com/article/2026/08/why-ai-projects-fail-financial-services-and-how-get-them-back-track https://biztechmagazine.com/article/2026/08/why-manufacturing-ecosystems-win-building-scalable-partner-architectures-industrial-data Manufacturers increasingly depend on data that must move across controls, machines, edge infrastructure, cloud platforms and business applications. Few technology providers, however, can cover that entire environment without relying on other vendors, integrators and specialists. Manufacturers therefore require partners that can contribute individual capabilities without creating isolated systems or needing every integration to be rebuilt for each plant. Open standards and reusable reference architectures provide the common foundation. “If your data architecture is built around one vendor's… Fri, 14 Aug 2026 11:00:01 -0400 Nathan Eddy https://biztechmagazine.com/article/2026/08/why-manufacturing-ecosystems-win-building-scalable-partner-architectures-industrial-data https://biztechmagazine.com/article/2026/08/how-small-businesses-can-control-ai-spending-token-based-pricing Small and midsize businesses adopting AI are hitting an unexpected reality: Costs are harder to predict than expected. As AI shifts from simple chatbots toward more autonomous, multistep workflows, "What is this actually costing us?" becomes harder to answer. That's driving interest in "AI tokenomics" — how organizations track the cost, efficiency and value of their AI use. According to IDC, 50% of SMBs will significantly adjust their IT budgets for AI by 2027. Building a cost strategy now can prevent surprises later. Click the banner below to learn how organizations are unlocking artificial… Fri, 14 Aug 2026 11:23:34 -0400 BizTech Staff https://biztechmagazine.com/article/2026/08/how-small-businesses-can-control-ai-spending-token-based-pricing https://biztechmagazine.com/article/2026/08/why-ai-proofs-concept-fail-when-they-reach-production Building an impressive AI proof of concept isn’t very difficult: With today’s large language models, it’s possible to create a working prototype in days or weeks. The real challenge begins when that prototype must operate reliably in production, where messy data, edge cases, governance requirements and organizational realities quickly emerge. According to Ben Weiss, vice president of enterprise AI platforms and products at CDW, many organizations mistake an early demonstration of technical feasibility for a production-ready solution. Beyond choosing the right model, AI success requires… Fri, 14 Aug 2026 18:12:27 -0400 Bob Keaveney https://biztechmagazine.com/article/2026/08/why-ai-proofs-concept-fail-when-they-reach-production https://biztechmagazine.com/article/2026/08/how-retailers-effectively-manage-digital-signage-scale As retailers expand digital signage from isolated deployments into enterprise-scale infrastructure, IT teams must manage larger networks of connected displays, content systems and customer-facing experiences across stores. Those shifts also bring new demands for centralized management, security, governance and integration with broader retail systems. Here are five questions to ask to get it right. 1. How Can Retailers Manage Signage Across Multiple Stores? Centralized, cloud-based content management systems and purpose-built digital signage software help IT teams control sign content across… Fri, 14 Aug 2026 09:11:29 -0400 Nathan Eddy https://biztechmagazine.com/article/2026/08/how-retailers-effectively-manage-digital-signage-scale https://biztechmagazine.com/article/2026/08/qa-isacas-chris-dimitriades-why-ai-adoption-outpacing-governance-security-and-roi As artificial intelligence rapidly transforms how organizations operate, many businesses still struggle to measure ROI, govern AI deployments and prepare for the cybersecurity risks the technology introduces. In a conversation with BizTech Managing Editor Bob Keaveney, Chris Dimitriades, chief global strategy officer at ISACA, discusses a recent ISACA poll that delves into why organizations still misunderstand AI adoption, how attackers weaponize AI faster than many companies can defend against it, and why governance and domain-specific deployments will determine whether… Thu, 13 Aug 2026 16:20:33 -0400 Bob Keaveney https://biztechmagazine.com/article/2026/08/qa-isacas-chris-dimitriades-why-ai-adoption-outpacing-governance-security-and-roi https://biztechmagazine.com/magazine/issue/2026/7/biztech-financial-services-fall-2026 Wed, 12 Aug 2026 15:46:45 -0400 https://biztechmagazine.com/magazine/issue/2026/7/biztech-financial-services-fall-2026 https://biztechmagazine.com/article/2026/08/cloud-based-data-management-delivers-massive-benefits-financial-services At Aon, the world’s second largest insurance broker, data encompasses contract terms, policyholder characteristics, current policy values and more. Putting all that information to work — particularly at the quarter’s end — requires extraordinary compute power, according to Van Beach, global head of life solutions for Aon’s strategy and technology group. “The scale that you need to execute these is beyond what most companies can handle within an internal data center,” Beach says. Aon’s challenge is a common one in the financial services sector, where massive data volumes are typical. Many… Thu, 13 Aug 2026 15:15:30 -0400 Adam Stone https://biztechmagazine.com/article/2026/08/cloud-based-data-management-delivers-massive-benefits-financial-services https://biztechmagazine.com/article/2026/08/how-financial-services-companies-are-preparing-next-wave-cyberthreats The risk landscape in financial services is more perilous than ever. In addition to rising cybercrime in general, “state-sponsored cyberattacks targeting financial institutions are becoming more frequent, sophisticated and destructive,” the Carnegie Endowment for International Peace reports. To understand the evolving risk and how institutions are responding, we convened a roundtable of industry insiders and experts. Participants included Rick Hill, vice president of industry technology for the Mortgage Bankers Association; Jeremy Koppen, CISO of Equifax, one of the nation’s largest… Thu, 13 Aug 2026 16:42:08 -0400 Adam Stone https://biztechmagazine.com/article/2026/08/how-financial-services-companies-are-preparing-next-wave-cyberthreats https://biztechmagazine.com/article/2026/08/why-should-small-businesses-consider-ires Small businesses are aware and somewhat concerned about their exposure to cyberthreats, yet the majority still believe their size excludes them from being attractive targets for malicious actors. Still, many of them experienced a cyberattack in recent years.  Small business owners who are keeping up with their cyber resilience strategies may need to re-evaluate their approach to backups, as cybercriminals are now more likely to target those systems during a ransomware attack. With that in mind, organizations are turning to isolated recovery environments (IREs) as a key layer of cyber… Tue, 11 Aug 2026 14:53:20 -0400 Teta Alim https://biztechmagazine.com/article/2026/08/why-should-small-businesses-consider-ires