Cybersecurity: What threat-ready really means for banks
The necessity for continuous risk assessment triggers the need for appropriate resources to meet the demands of new and emerging threats.
Browsing: Technology
Data’s crucial role in advancing risk functions for financial services
Modern data management is essential to risk initiatives of 2023 and beyond.
FTC sues to block merger of mortgage lender tech providers
The Federal Trade Commission this week filed a lawsuit to block a proposed merger between the nation’s two largest providers of home mortgage loan origination systems and other lender software tools.
Fake people, real threat: Banks scramble to strengthen digital verification
Banks seeking to strengthen their digital identification verification processes face complex challenges.
CFPB warns mortgage comparison platforms against biasing results
The CFPB this week issued guidance warning mortgage comparison-shopping digital platforms that they are violating federal law if they direct shoppers to lenders or other real estate settlement service providers who pay referral fees to the platform.
Adaptable fraud strategies help banks lend with confidence in a down economy
Prioritizing a smooth customer experience while protecting against attacks.
Financial services CFOs anticipate economic downturn will affect business strategies
More than one-third (37%) of financial services CFOs agreed that their institutions’ strategies would be constrained due to expectations of an economic downturn in the U.S., according to a new survey by Deloitte released this week.
Survey: Younger investors drawn to wealth management apps
Mobile apps and websites have become the first resources that investors consult to review their investments, make transactions and conduct research, with apps particularly popular among younger generations, according to a new survey by J.D. Power.
Survey: Bank executives optimistic about financial sector’s future
Bank leaders are “cautiously optimistic” about the future, believing that current trends such as increased digitalization and a focus on ESG will positively affect their institutions, according to a new survey by analytics software provider SAS.
Retail banking tech spending trends reflect multiple challenges
Competitive pressures and increased customer expectations are leading drivers of technology investments.