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Posts & Resources
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IAM: Selecting, Implementing, and Evaluating the Best Tool
Welcome back to the continuing series on IAM strategy. Though not as visual (or creative) as the last one, I wanted to capture some high-level thoughts as I’ve been delving deeper into learning about how Fin-Serv’s (and any security-centric organization) might approach applying IAM strategy. Today’s article will cover the following topics: Key Considerations When…
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A Visual Introduction to the Components of Identity and Access Management (IAM)
Identity and Access Management (IAM) is a complicated subject. My son, Ellis, and I tried to find a better way to explain it. Here’s a few key components to IAM told through the lens of grand gala and illustrated through kid-built Legos
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Arsenal for Cyber Warriors: Must-Have Security Technologies
In the digital age, the financial sector is a pivotal hub of global economic activity, constantly targeted by cyber threats. Rooted in the principles of the CIA triad—confidentiality, integrity, and availability—cybersecurity strategies are deployed to combat cyber threats, protect sensitive information, and maintain trust in financial systems. As we delve into the realm of cybersecurity,…
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A Closer Look at Cybersecurity Threats and Proactive Mitigation
Financial institutions must understand and address cybersecurity threats to protect against data breaches and strengthen resilience. Phishing, malware, and social engineering are pervasive risks. Proactive measures such as employee training, technological tools, and dynamic governance can mitigate these threats. Collaboration between institutions, workers, regulators, and customers is crucial to maintaining trust and integrity in the…
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Navigating the Regulatory Maze: Compliance in the Digital Age
Compliance is complicated. RegTech may offer a path forward. Let’s review some major regulations and how RegTech can provide support.
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Guarding the Vault: Cybersecurity Essentials for Financial Services
In the world of finance, cybersecurity is no joke. With the rise of digital threats like ransomware and the complexities of compliance, financial institutions face a tricky balancing act. From embracing emerging tech to warding off AI-powered attacks, they’re in for a wild ride…or at least a mildly wild ride.
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Regulatory Enablement of FinTech Growth
Several regulatory changes and initiatives have enabled the growth of fintech in recent years. These changes aim to foster innovation, competition, and financial inclusion while maintaining consumer protection and financial stability. Here are some key regulatory changes that have contributed to fintech’s growth. Regulatory Sandboxes Many countries have established regulatory sandboxes that provide a controlled…
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The Fintech Revolution: Innovations Shaping the Future of Finance
The integration of technology in financial services, known as fintech, reshapes customer interaction, market dynamics, and operational efficiency, setting new benchmarks for innovation and customer service. Fintech’s transformative force demands a keen understanding to stay competitive in a digitally-driven market.
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The GenerativeAI Dossier
Published by Deloitte to centralize AI use cases actively being used at client across six major industries:
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Demystifying Digital Transformation in Financial Services: What You Need to Know
What is Digital Transformation in Financial Services? Digital transformation is a seismic shift that has taken hold in the world of financial services, reshaping the industry from its core. But what precisely is digital transformation in this context, and why is it of paramount importance? Defining Digital Transformation At its essence, digital transformation entails the…
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Foreign Currency Exchange – An Overview
Intro: Commercial Banking & Services Commercial banking refers to financial products and services designed to support corporations and municipalities in their banking operations. Many of the products found in a commercial bank are similar to retail or community banking, like deposit accounts, but with a key difference of the coverage scale and complexity of the…
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The Role of Treasury Management in Banks: Responsibilities, Tools, and Considerations
The treasury management (TM) department is typically responsible for managing a bank’s financial resources, including its cash and investments, as well as its financial risks. In a typical bank’s hierarchy and organization, the treasury management department is typically part of the finance division and reports to the chief financial officer (CFO). The treasury management department…