April 26, 2022
Via: Bank DirectorThere is a pervasive data conundrum throughout the financial services industry: Banks have an inordinate amount of data, but antiquated and siloed solutions are suppressing incredible, untapped opportunities to use it. Data analytics offer banks seven distinct and tangible benefits; […]
March 14, 2022
Via: American BankerLake Shore Savings Bank in Dunkirk, New York, disclosed in a financial statement to investors that it had suffered a data breach after hackers gained access to customers’ personal information. The bank, which recently reported it has just under $600 […]
Capital and Risk, Channels, Operational
December 27, 2021
Via: TechBullionBusiness owners know that data entry errors can lead to a lot of wasted time and money. But they also may not realize the extent to which those errors could be avoided by taking small precautions. For example, if you’re […]
October 20, 2020
Via: FinTech FuturesBut the sector wasn’t always as open to embracing new technologies. Until the arrival of challenger banks like Monzo and Starling Bank a little over five years ago, who showed the benefits that taking a digital-first approach could bring, traditional […]
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