Top Bank Risks for 2021
A global pandemic, a struggling economy and a new administration throw wrenches into risk managers plans for the year ahead.
Browsing: Cloud computing
How COVID-19 Is Accelerating the Demand for Efficiency and Automation in Risk Management
The siloed and slow, often manual, processes of the past are giving way to new efficiencies of automation and cloud-based solutions.
Agencies Issue Statement on Cloud Computing Security
With many banks moving some or all employees to remote work arrangements and accessing more cloud-based technologies, the Federal Financial Institutions Examination Council released a statement on risk management principles for cloud computing security.
Podcast: How One Bank Workforce Went Fully Remote Amid COVID-19
Live Oak Bank CTO Brian Lora talks about how the bank’s cloud-based infrastructure helps it stay resilient and rapidly go remote when hurricanes, or a global pandemic, strikes.
Technology Firm to Offer Free Cloud Desktops, Resources to ABA Members
To help banks address the operational challenges posed by the novel coronavirus, Summit Technology Group announced today that it will offer complimentary cloud desktops and business continuity resources to American Bankers Association member banks.
CEO Q&A: Positioning Regions for the Future
Regions Financial Corporation CEO John Turner discusses how the bank is positioning itself to thrive and grow in the future—with both talent and technology.
Podcast: A Continuous Cycle of Tech Investment at Regions Bank
As banking becomes ever more technology-driven, many banks are shifting from a mindset that puts big tech projects off to one side to one that embraces ongoing innovation, development and deployment. Regions Bank exemplifies the latter mindset.
What Risk Managers Need to Know about Cloud Migration
Shifting bank technology functions to the cloud has many benefits for banks—but managing the risks requires a different framework.
Bonus Podcast: Cybersecurity Trends for 2020
According to a recent survey of community bankers, cybersecurity was the highest-rated risk concern, with over 96% of community bank CEOs reporting that they considered it an important or very important risk factor for their bank.
ABA’s Benda Emphasizes Need for Collaboration on Cloud Security
Testifying before the House Financial Services Committee’s Task Force on Artificial Intelligence today, ABA SVP Paul Benda highlighted the ways banks are using cloud technology and urged greater collaboration to enhance cloud security and efficiency.