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Disruptive technology will not kill banks

Jeff For Banks

Now the amount of money in US registered investment companies exceeds that in FDIC insured banks. Aside from the cyber security of it, let''s think of the implications from a corporate accounting system that wants to interact directly with the bank''s core. Was Vanguard a disruptor? They remain trusted by customers.

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Will a Cyberattack Cause the Next Big Bank Failure?

American Banker

Regulators need to start paying attention to "denial-of-system" attacks as one of the triggers that could bring down a systemically important institution.