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.
As financial services companies increasingly use mobile technologies in their day-to-day operations, an overwhelming majority—92%—agree that organizations need to take mobile device security more seriously, according to a new survey from Verizon.
Have you heard about the community bank that’s been chugging along for over 150 years, took on “Community Bank” as its name—and “bank happy” as its motto? Meet Community Bank, N.A., based in DeWitt, New York.
Now that the famed Apple Card has been in the market for nearly 10 months, what can we learn from Apple’s foray into the banking—or more specifically, the credit card space?
To accommodate changing consumer preferences and technology, it’s necessary to shift the retail culture. And that requires a wholesale look at the entire organization—and the removal of barriers between business lines that have existed within banks forever.
How today’s banks can build a tech culture that’s a catalyst for growth, yet keeps customers at the center of the banking experience.
The FDIC, OCC, SEC and CFTC today announced that they would join the Global Financial Innovation Network.
While decentralized financial technologies—such as distributed ledgers or online peer-to-peer platforms—can benefit the financial system, they are also likely to pose many regulatory and supervisory challenges, according to a report released today by the Basel, Switzerland-based Financial Stability Board.