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CoPilot for Banks – 7 Steps Before Integrating Generative AI

South State Correspondent

In this article, we provide seven practical steps to prepare executives, technologists, and business line leaders for Copilot for banks and mitigate much of the risk. This tight integration allows bankers to boost productivity, be more accurathave more creativity. However, the technology is not without its risks.

Training 195
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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

This article highlights ten not-so-evident lessons of the banking crisis that every banker must consider going forward. Now, customers and analysts will pay more attention to Loans + Securities-to deposit ratio. Instead of just looking at LTD, investors, and depositors, will now look at loan plus securities to total deposits.

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AutoGPT Will Change Your Bank

South State Correspondent

This article gives bankers a background on what it is, its risks, and how it will change everything from your infrastructure to your hiring practices. Tell it to text your customers as one of its goals, and it will sign up for a messaging app and send out a text.

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The most-read AML/CFT & fraud blogs of the year

Abrigo

Download now Takeaway 1 AML/CFT and fraud professionals often keep up to date on industry trends by reading Abrigo's blog. Abrigo, a leading technology provider of software solutions for financial institutions, published more than 30 risk management articles on its industry-focused blog in 2023.

Fraud 221
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10 Big and Small Ideas From Gartner and Money 20/20 – Recap

South State Correspondent

Create a smart contract that tracks rebates, wage garnishment or secures a bank’s collateral position from a future revenue stream, and a bank will need a new core construct to handle the complex accounting, contingencies, and ALCO calculations required. Small Idea – It’s Our Kid’s Technology. Small Idea – You Will Need a New Core Soon.

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FedNow implementation: What fraud and AML professionals need to know

Abrigo

How offering FedNow instant payments affects fraud & AML/CFT compliance What financial crime staff can do to prepare fraud and AML functions for implementing the FedNow Service for instant payments. Would you like other articles on fraud and AML/CFT compliance in your inbox? Instant payments service What is FedNow?

Fraud 195
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For faster loan origination, stop doing this

Abrigo

How to close more loans by speeding up lending and credit analysis Seeking a quicker loan origination workflow is worth it. This article explains why seeking a quicker loan origination system workflow can be worth it, and it outlines, step by step, where opportunities for improvement lie in traditional lending processes.

Lending 221