Financial Institutions’ Top Concern Is Compliance

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Home Transaction bank The main concern of financial institutions is compliance, the substantive report reveals The maintenance of older systems slows down progress towards real -time payment and regulatory compliance. A background report published Monday in Sibos shows that 91% of banks and other financial institutions expect challenges of compliance during the coming year, as … Read more

How do banks navigate the trinity of costs, compliance, and innovation?

How do banks navigate the trinity of costs, compliance, and innovation?

Home Technology How do banks manage to deal with the trinity of costs, compliance and innovation? Bankers around the world are signaling a change in strategy. While cost optimization remains the top priority, compliance with regulations and innovation that strengthen their competitive advantage are gaining importance. This comes against the backdrop where AI is as … Read more