| Credit Unions: Better Together
It takes a village, as they say. But when the village gets wiped out by a natural disaster like Hurricane Harvey or Irma, itâs going to take more than that to rebuild. Kathy Herziger-Snider, CO-OPâs SVP Debit/ATM/Shared Branch, walks Karen Webster through CO-OPâs notion of building a community of credit unions that helps its 110M prepare before a disaster and also clean up after.
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| Despite Cybersecurity Standards, FIs Exposed To Third-Party Risks
Bank customers and regulators would likely agree: Thereâs no excuse for a financial institution to accept lackluster cybersecurity measures. But according to a new report from BitSight, thatâs exactly whatâs happening as FIs work with partners and other third-party service providers. The new report warns financial firms arenât holding their supply chains and business partners to the same cybersecurity standards to which they hold themselves.
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| | Business Intelligence | | The Lasting Impact Of Corporates' Mistrust Of The Cloud
Large enterprises met the cloud with heavy skepticism at first, with many organizations deciding they would rather build customized, in-house ERP systems than host sensitive financial data in the cloud. Businesses today are more trusting of the technology, but according to Mike Whitmire, cofounder and CEO of FloQast, the decision to go with on-premise ERPs has had a lasting effect â especially when businesses need to close the books. He explains the pain points businesses face in managing financial data thanks to earlier distrust of the cloud (and how to address it). Read More... |
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