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Solve This Problem with Your Strategic Horizon

South State Correspondent

If you are a typical banker and you agree with the above, then your conclusion will likely be that 2025 should be spent focusing on your core business. Risk management also needs to change. If your duration is too long or your BSA compliance is weak, those aren’t good things, but that is not how the bank is going to fail.

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What are opportunities for accountants to provide advisory services?

Abrigo

Growth areas are more likely to be tied to providing advisory, consultant and wealth management services or to providing outsourced functions such as CFO duties, Koltin said in an interview for the new book by Sageworks, Next-Level Accountants: Your guide to growing a firm of trusted advisors.

Exercises 150
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Why fragmentation of the global data supply chain poses risks to financial services

BankUnderground

There is a global market for these vendors, and a wide range of functions are provided, especially back-office functions such as HR and accounting services, as well as specialised risk management and product development activities. McKinsey predict that this figure could reach $11 trillion by 2025.

Data 110
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A Digital Transformation Journey: The Humble Wallet

FICO

Digital payments are also growing fast among consumers and businesses, with some predicting 7 of 10 mobile device owners in the US using mobile peer-to-peer payments by 2025. Changing Payments Channels, Changing Strategy The e-wallet market is projected to hit nearly $1 trillion by 2030. TJ holds a B.S. in computer science and a M.S.

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My top five Decentralized Finance predictions for 2020

Lex Sokolin

Top 5 Predictions for DeFi in 2025 (1) Global Fintech champions like Robinhood, SoFi, Revolut, and Square will enter and win the crypto race as soon as the business model is established There’s no obvious way for crypto aggregators to make money. It’s like watching Mint.com emerge in 2007. So what does the future to come look like?

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Why Cyber Insurance Is Becoming a $20 Billion Market

FICO

A 2019 Allianz survey of risk management experts across 86 countries ranked cyber incidents as the biggest single point of risk for an organization, thus highlighting the need for an effective insurance policy to transfer risk from potentially damaging effects of a cyber-attack.

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders.