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RegTech: How investment trends are impacting the industry—and how the ecosystem can work with the regulator

Accenture

I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. We think about RegTech as technology that lowers the “cost” (technical, physical, monetary) of regulation by using technology. Regulators have a key role to play, too. Now—what does RegTech mean?

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RegTech: How investment trends are impacting the industry—and how the ecosystem can work with the regulator

Accenture

I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. We think about RegTech as technology that lowers the “cost” (technical, physical, monetary) of regulation by using technology. Regulators have a key role to play, too. Now—what does RegTech mean?

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Few speakers or vendors had solutions for how banks are going to efficiently index, manage, and optimize their knowledge base, not to mention customer data.

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Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. Not only are these banks expanding their base services but they are pulling in an innovative trainer versed in the latest technology advancements. They become students of the game. Everything.

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Wake up: Your bank is not efficient

Gonzobanker

Banks in the future will address areas with a narrow span of control and evolve to the player/coach leadership models seen more in professional service firms than in traditional, regulated financial institutions. Want to strip back the onion? Force the discipline of a KPI culture.

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5 Ways Credit Unions Can Be More Resilient with AI and Analytics

FICO

This COVID pandemic aftershock is about to hit the financial services industry, which means that credit unions need to pay close attention to their capital, asset quality, earnings, and liquidity. As federal stimulus programs are ending, delinquencies and charge-offs are expected to rise in the months ahead. That’s an embarrassing statistic.