South State Correspondent
MARCH 14, 2024
Now, with customers, and relationship managers switching banks at one of the highest rates, banks need to adapt to remain relevant. The bank that will be around in the next 50 years will be one that develops the ability to build infrastructure now that allows for efficient innovation in the future. Risk management also needs to change.
Abrigo
SEPTEMBER 11, 2023
Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences. DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when.
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FICO
DECEMBER 8, 2022
Leveraging FICO Resilience Index to refine credit risk management decisions during benign economic phases defends against dramatic swings in delinquency rates and provides for a more consistent portfolio risk management approach over time. Of course, credit risk management is only one aspect of portfolio health.
South State Correspondent
APRIL 27, 2022
Journey mapping with meaning – Journey mapping is not a one-time exercise or some bank marketing consultant’s final deliverables. Risk management, credit, and compliance should not be paid to keep the bank safe; they should be paid to help produce a superior total experience safely. It is rarely the other way around.
Cisco
AUGUST 9, 2022
It is part of a multipart blog series on financial regulations and how to manage them architecturally, geared towards IT leadership. The Cybersecurity Assessment Tool is fairly intuitive to use and the exercise should not be arduous for an organization to complete. External Dependency Management. Cybersecurity Controls.
Gonzobanker
MARCH 25, 2016
Especially the “transformation” candy from cheery innovation gurus, caffeinated buzzword generators, and other esteemed members of the disrupterati. Somewhere in that immersion exercise or buried on page 24 of the slide deck, there was a sizzling nugget to take away and implement. The big challenges are culture and risk management.
Insights on Business
FEBRUARY 13, 2019
Given the advancement in technology and dynamic business scenarios, firms have started to look at technology to get more insightful, efficient and faster since traditional mechanisms of effective risk management and regulatory compliance are fast becoming outdated. Engaging and empowering the first line of defense in the 3LOD model.
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