McKinsey Public & Social Sector Insights

MARCH 22, 2024

Generative AI is transforming financial services, offering opportunities for efficiency and innovation. As banks race to deploy gen AI, the right operating model can help unlock its potential.

Operations 131

Operations 131

McKinsey Public & Social Sector Insights

AUGUST 9, 2022

WeBank CFO Arthur Wang discusses how the company balances innovation, technology, and compliance to move itself forward.

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85

McKinsey Public & Social Sector Insights

JANUARY 16, 2024

Fintechs are companies that rely primarily on technology and cloud services—and less so on physical locations—to provide financial services to customers.

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131

McKinsey Public & Social Sector Insights

APRIL 7, 2023

To address the challenges of scaling up analytics business areas, financial institutions can accelerate value delivery with four efficiency levers.

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87

McKinsey Public & Social Sector Insights

OCTOBER 25, 2023

Costly and disruptive, nonfinancial risks are an ever-present concern in the financial services industry. A defined risk appetite strategy can mitigate the problem.

Management 115

Management 115

McKinsey Public & Social Sector Insights

DECEMBER 11, 2023

Financial-services revenues from Latinos may grow by up to $93 billion by 2030. To get more of that market, institutions would need to tailor their offerings.

2030 101

2030 101

McKinsey Public & Social Sector Insights

DECEMBER 20, 2022

Many banks can thrive by fundamentally changing the way that financial services are embedded into daily life. Banking is radically transforming.

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135

McKinsey Public & Social Sector Insights

APRIL 16, 2024

The uptake of digital financial services is low in Canada compared with other similar economies. Developments in five areas will determine if the industry is about to blossom.

Development 70

Development 70

State Tech Magazine

JANUARY 4, 2024

When Fort Worth, Texas, began delivering more services digitally during the COVID-19 pandemic, officials found that several neighborhoods weren’t fully utilizing the resources because they lacked dependable at-home internet access. Some of it is financial. We started thinking about ways that we could get internet service into those…

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109

McKinsey Public & Social Sector Insights

APRIL 12, 2023

As global risks increase and economic uncertainty persists, the risk functions within the financial services industry must continue to evolve talent to ensure organizational resiliency.

Management 142

Management 142

McKinsey Public & Social Sector Insights

AUGUST 7, 2023

Financial inclusion is when everyone can access financial services that can help them build wealth, including savings, credit, loans, equity, and insurance.

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87

Open Access Government - Technology News

AUGUST 15, 2023

Dr Hassan Khan, Head of School of Digital Finance at Arden University, describes the growing influence of AI in the financial industry Late last year, the Financial Conduct Authority (FCA) and the Bank of England (BoE) analysed the impact of artificial intelligence AI in the financial industry in the UK.

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Operations 2017 Management 2023 92

CRA Today

APRIL 9, 2024

Many Americans are driven to use expensive alternative financial services, including check cashers, payday lenders and pawn shops that charge high fees for financial services that fail to help people get ahead. Quick Facts: Close to 5% of U.S. Almost 11% of U.S.

Accountability 52

Accountability Public Affairs Public Safety Community Development 52

McKinsey Public & Social Sector Insights

MAY 3, 2023

As regulators encourage new players to enter the digital financial services sector, firms that take the initiative can gain an early advantage in one of the world’s largest greenfield markets.

Regulations 86

Regulations 86

McKinsey Public & Social Sector Insights

DECEMBER 15, 2022

Central bank digital currencies and stablecoins could reshape financial services. Treasury managers can play a central role in optimizing the related opportunities—and handling of the risks.

Management 96

Management 96

NLC (National League of Cities)

FEBRUARY 7, 2024

From the Global Financial Crisis to the COVID-19 pandemic, municipal services have struggled under budget cuts, labor shortages, supply chain disruptions, and inflation. This has hampered investment in essential city services, a situation poignantly summarized […] Source

Budgeting 72

Budgeting 72

AWS Public Sector Blog

JANUARY 27, 2023

To understand how a regional institution approaches cloud migration as a catalyst to deliver more agility and value from IT, Amazon Web Services (AWS) invited Mark Michaels, chief information officer (CIO), and Jeff McLauchlin, vice president of DevOps, from Columbia Credit Union to share their experiences embracing cloud technology.

Public Sector 97

Public Sector Nonprofit Blog Development 97

CRA Today

APRIL 8, 2024

How can we leverage programs and services provided by social service agencies, federal health clinics and community action agencies to meet the foundational needs of the most economically vulnerable? How can we partner with CDFIs to extend the traditional boundaries of capital where it is most needed?

Press Release 52

Press Release 2020 Social Services Regulations 52

FedTech Magazine

MARCH 4, 2024

Government entities were the fourth-most targeted sector for “interactive intrusions” — threats in which actors use hands-on techniques to accomplish their objectives — in 2023, after the technology, telecommunications and financial services sectors, according to CrowdStrike's 2024 Global Threat Report.

2024 70

2024 Government Agency 2023 Government 70

AWS Public Sector Blog

NOVEMBER 15, 2023

Amazon Web Services’ ( AWS) 12 th annual re:Invent conference offers a variety of events that educate attendees about cloud-related topics. Karen Johnson provides executive leadership for Administrative Services, Financial Management, and Information Technology at Covered California.

Public Sector 61

Public Sector 2005 2007 Leadership 61

AWS Public Sector Blog

JULY 11, 2023

Many leaders are turning to technology to address systemic barriers to education by making services more transparent, efficient, and simple for learners and staff. Together with Amazon Web Services (AWS), Highline College’s financial aid department created a key tool that helped eliminate one such barrier.

Education 75

Education Public Sector Document Information 75

McKinsey Public & Social Sector Insights

OCTOBER 1, 2022

Across industries, only respondents working in energy and materials and financial services report more upbeat expectations for their companies’ profits or demand for their goods or services than in the previous survey.

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90

McKinsey Public & Social Sector Insights

OCTOBER 11, 2023

New analysis on European mobility offers insights on new, fast-growing revenue pools and opportunities for financial-services providers.

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66

AWS Public Sector Blog

MARCH 20, 2024

Today, Amazon Web Services (AWS) launched the 2024 AWS IMAGINE Grant cycle. Projects in the Pathfinder – Generative AI award may include service types mentioned in the Go Further, Faster and Momentum to Modernize award. Now in its seventh year, the AWS IMAGINE Grant is expanding beyond the U.S.

Nonprofit 69

Nonprofit 2024 Implementation Fundraising 69

Open Access Government - Technology News

MARCH 19, 2024

Leo Hanna, UK Executive Vice President at global Software-as-a-Service (SaaS) provider TechnologyOne, discusses how councils can mitigate challenges as they pursue their technology investments Finding efficiencies and revenue enablement opportunities are at the top of every UK council’s list. But all investments come with risk.

Budgeting 52

Budgeting Implementation Local Government Operations 52

The City Fix

FEBRUARY 10, 2022

In cities around the world, the sudden and sustained drop in public transport ridership during COVID-19 has caused a financial and operational crisis for both large public transport agencies and semiformal service providers. In most places, existing business models and. Continue reading on TheCityFix.com.

Transportation 111

Transportation Public Transportation Sustainability Operations 111

Grant Writing Made Easy

APRIL 23, 2023

While providing excellent grant writing services to your clients is important, it’s also essential to think strategically about how you can increase your revenue. So, rather than just increasing your client base think about necessary ways to increase the services you provide to your existing clients.

Implementation 98

Implementation Development Strategic Planning Budgeting 98

AWS Public Sector Blog

AUGUST 15, 2023

Amazon Web Services (AWS) offers personalized investment solutions for investment firms using cutting-edge machine learning (ML) technologies. These factors can help firms minimize financial risks and maximize investment opportunities. What if there was a transformative solution for managing pension funds?

Management 52

Management Public Sector Operations Security 52

GovLoop

NOVEMBER 10, 2023

It’s a relationship that applies to all kinds of IT reform, including migrating to everything-as-a-service (XaaS) or other cloud services. Leaders must make a clear case for the reform and address financial, technical and political considerations, among others. Everyone in the agency needs to support the transformation.

Implementation 95

Implementation Download Information Management 95

FedTech Magazine

SEPTEMBER 7, 2023

The arrival of cloud services and consumption-based pricing has seen agencies part with the age-old practice of buying items and paying for them through annual budgeting. The problem is, the value proposition of cloud services is predicated on customers being able to use what they need,…

Laws 57

Laws Budgeting Government 57

AWS Public Sector Blog

APRIL 3, 2024

Kern Community College District (KCCD) district in California is partnering with Amazon Web Services (AWS) to design and build a student-centered course planning tool to support the district’s Guided Pathways model. Getting off track with financial aid has impacts on future access to financial aid.

Education 69

Education Leadership Budgeting Information 69

AccessE11

NOVEMBER 21, 2023

Having a revolving door of dissatisfied employees not only disrupts the continuity of service but also imposes considerable financial and operational strains. Normal 0 false false false EN-CA X-NONE AR-SA Financial Implications The financial implications of staff turnover are staggering.

Local Government 52

Local Government Budgeting Engagement Operations 52

AccessE11

JANUARY 17, 2024

It enables a more dynamic, evidence-based approach to urban governance, setting a new standard for efficiency and effectiveness in public service delivery. Citizen feedback is a vital source of data, providing real-time, on-the-ground perspectives on municipal services and policies.

Management 52

Management Government Implementation Operations 52

Partnership for Public Service

NOVEMBER 6, 2023

military, who would suffer financially and lose out on training, weakening our national security at a critical juncture in global affairs. Service members stand to lose If a government shutdown is not avoided, it will be the fourth to occur within the last decade. military appeared first on Partnership for Public Service.

2018 111

2018 2019 Security Government 111

Government Technology Insider

APRIL 24, 2024

In a study of eight states currently undertaking unemployment insurance modernization work, the GSA found that states struggled in five key areas: staffing, contracting, management, financial, and technical. Read the full GAO report and recommendations here.

Government 59

Government Webinar Press Release Constituents 59

GCN

OCTOBER 11, 2022

State and local governments can better serve their constituents with data-powered energy-efficient solutions that improve services delivery and minimize the financial burden on taxpayers.

Sustainability 57

Sustainability Constituents Local Government Government 57

Google Public Sector

MARCH 21, 2023

Enterprises, government organizations, and policy makers around the world want a hyperscale cloud provider that delivers a cloud on their terms — one that meets their requirements for digital sovereignty while still delivering the functionality, flexibility, and scale of cloud services. GDC Hosted offers: 1.

Operations 102

Operations Regulations Translation Security 102