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How Federal Debt May Impact Banking

South State Correspondent

However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model. Furthermore, high federal government debt does not just lead to higher interest rates but also poses economic, national security, and social challenges.

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10 Bank Technology Trends to Follow for 2024

South State Correspondent

At present, many banks utilize a variety of fraud and security tools that both overlap and have gaps in coverage. Cloud security, ransomware attacks, insider theft, privacy, network/endpoint protection, and general fraud remain one of the most significant investments in bank technology.

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