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Risk management in the cloud: A strategic imperative

Insights on Business

To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework. Three pillars of cyber risk management on the cloud.

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Gansu Bank, China goes live on TCS BaNCS in 18 months

Bobsguide

Gansu Bank is the only provincial city commercial bank directly managed by the Gansu Provincial Government and has approval from China Banking Regulatory Commission. An award winning institution, Gansu Bank has won acclaim for innovation, risk management and technology practices in the recent past.

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Innovating in the open: How the changing GRC landscape inspired IBM GRC’s latest releases in 2018

Insights on Business

As a result, three themes emerged this year: the meaning of GRC is evolving, organizations are viewing non-financial risk not as a function but as everyone’s responsibility, and the connection between compliance and risk must be stronger. Improve performance using a risk lens to enrich decision-making. Innovating in the open.

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Why Banks Need FinTech To Address Their Own Complicated Treasuries

PYMNTS

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Managing liquidity and credit risk are definitely of main concern to FIs.

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Supplier Risk, Spend Management Prove Critical For Banks’ Procurement Needs

PYMNTS

“What we’re seeing is that [FIs] are putting in place a more rigorous process to make sure suppliers that are onboarded also have very strict and rigorous risk management protocols in place,” Cotter said. Whereas, for a lot of FIs, risk management has definitely become a board-level issue.”

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How T-Mobile Manages Cyber Risk in COVID-Disrupted Supply Chains

FICO

Many organizations along the supply chain are looking to expand their sourcing options —while doing so can reduce business risk, bringing on new suppliers creates new cyber risk. Fortunately, there are innovative approaches and tools to address the challenge. It’s definitely not a ‘one and done’ process.”.

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Trimble’s TruckMate Kicks Accounts Receivable Into High Gear

PYMNTS

While regulatory requirements have emerged as a top “driver” of trucking innovation and technological disruption, the complexities of the industry’s supply chain mean that dealing with paper not only adds cumbersome processes to the fold, but slows down payments for trucking firms. “That’s a huge trend.”

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