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James Wood

Canada, Scotland

Managing Editor at Payments Cards & Mobile

"Captcha This!" (satires) coming 6 November 2024 from @ANEditions (UK)

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Articles

  • More than half of banks say legacy systems are holding them back

    2 weeks ago | paymentscardsandmobile.com | James Wood

    2024 research from IBS Intelligence claims more than half (55%) of banks feel legacy systems are a drag on performance – but only 32% feel they have addressed this problem[1]. A new white paper from RS2 argues that when it comes to legacy systems, banks are asking the wrong questions – and should be looking to AI for transformative performance.

  • AI-enabled orchestration is the answer to legacy system headaches

    1 month ago | paymentscardsandmobile.com | James Wood

    A new white paper from RS2 says banks have suffered the effects of out-of-date legacy systems for too long. These negative effects include ineffective system performance, low innovation capacity, high cost and risk, and poor customer experiences.

  • Banks spending 70% of their IT budget maintaining legacy system

    1 month ago | paymentscardsandmobile.com | James Wood

    Recent research from McKinsey & Co has highlighted the tech spending trap for banks[1]. Currently, banks spend up to 70 cents in every dollar maintaining legacy systems, meaning they are bound to continue the current pattern of poor efficiency, low levels of innovation and no overall understanding of how their system performs.

  • How to solve banks’ legacy systems challenges while controlling risk

    1 month ago | paymentscardsandmobile.com | James Wood

    A new white paper from global payments technology provider RS2 explains how banks can finally overcome their legacy systems, tech challenges and deliver modern, efficient systems – plus the smooth, fast and secure experiences customers expect.

  • Intels security flaws and backdoors: why Chinas call for a cybersecurity review is justified

    1 month ago | johnmenadue.com | James Wood

    Intel has found itself under scrutiny yet again, with Chinese officials and cybersecurity experts calling for a thorough review of the companys products sold in China. According to a report released by the China Cyber Association, Intels products have been repeatedly flagged for serious security vulnerabilities, poor reliability and even hidden backdoors that pose a threat to national security.

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J.W. Wood
J.W. Wood @James_W_Wood
13 May 25

RT @mardibum63: When manners come before lives. The Scottish Parliament is not fit for purpose . @Annemarieward speaks truth, and the syste…

J.W. Wood
J.W. Wood @James_W_Wood
13 May 25

RT @WingsScotland: Well, that escalated quickly. https://t.co/KgcOE4X1Ln

J.W. Wood
J.W. Wood @James_W_Wood
13 May 25

repost from @tarquindemeza. This is a betrayal of fishermen and of fish stocks. You can be UK waters will be plundered...

Farmers To Action
Farmers To Action @FarmersToAction

This Treacherous Traitorous Student @labour government having already betrayed ▪️Our Farmers ▪️Our Pensioners ▪️Our Veterans ▪️Our Waspi Women ▪️Our Students ▪️Our Working Class ▪️Our British History & Values ▪️Our Free Speech Are about to “BETRAY” our #Fishing Industry /