On June 6, 2023, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve jointly published new requirements for banking organizations in managing the risks related to their third-party programs.
In the world of financial services, computational capacity and the ability to achieve peak performance are linked. Having as much compute power as possible on a daily basis allows financial institutions to perform complex calculations to navigate a host of challenges, including competitive pressures, regulatory reporting, security demands and market swings.
Recent research from American Banker shows that while banks are making progress with their digital initiatives, many are still struggling with areas such as onboarding, identity verification and cybersecurity. This white paper sheds light on where banks are in their digital journey and – more important – how they can better address issues around customer experience, customer identification and fraud prevention.
What are the best options out there for people living on the edge financially who have an emergency expense? The Global Black Economic Forum and the Center for Business and Economic Research recently completed a study called the 2023 Cash Poor Report that dives into this question.
Hear from leading technologists as they share their transformation journeys. Discuss why Digital transformation matters, highlight challenges/ lessons learned, and opportunities with emerging and disruptive technologies.
