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Technology

Positioning technology, risk management and compliance

Filed Under: Banking regulation, Risk management, Technology

Certain facets of business if brought together effectively and managed well, can create an environment of strategic advantage. The evolution of banking: Looking back at banking in the 1980’s, banks were focused primarily on taking deposits and making loans that were delivered via a branch emphasising face to face contact with customers. These customers were relatively unsophisticated and trusted their bankers to act in their best interest. With dramatic advancements in technology, banking customers became increasingly sophisticated, demanding an ever increasing variety of ...

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regulatoryrisk Regulatory Risk @regulatoryrisk ·
27 Oct 2020

Meet modern compliance: Using AI and data to manage business risk better https://www.strategy-business.com/article/Meet-modern-compliance-Using-AI-and-data-to-manage-business-risk-better?gko=c7bc5

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regulatoryrisk Regulatory Risk @regulatoryrisk ·
4 Jun 2020

HSBC, StanChart Defy the United Kingdom to endorse Hong Kong Security Law.

The two British institutions that dominate Hong Kong’s banking system have both backed Beijing.

Looks like a decision of profits over people!

Read more ... https://buff.ly/2zT5zfQ

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