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6 Reasons Financial Institutions Are Embracing Risk and Regulation Tactics

Perficient Digital Transformation

This blog post delves into the pivotal role these practices play in ensuring the stability and success of financial institutions and banks. Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. The Role of Regulatory Risk and Compliance 1.

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What to consider for debt collection services

Redial

As companies adapt to the complex debt collection services, it becomes increasingly vital for executives and decision-makers to consider a multifaceted approach. This blog will delve into four vital elements leaders must contemplate when strategizing debt collection services within on-call centers.

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The Future of Blockchain in Banking and Financial Services and FinTechs | Blog

Everest Group

Blockchain technology promises to transform banking, financial services, and FinTechs by enhancing the digital customer experience while lowering costs and reducing data risks in a secure environment. Service providers investing in blockchain capabilities will win in the long run. Legacy banks and nations are now following the wave.

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Multicloud connectivity for regulated industry workloads on IBM Cloud

IBM Services

As enterprises modernize and migrate workloads to IBM Cloud, they often run into requirements that certain components of their application workloads to run on other cloud service provider networks. These requirements create a technical challenge for enterprises—especially in regulated industries (e.g.,

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Helping enterprises across regulated industries leverage hybrid cloud and AI

IBM Services

For those in even the most highly regulated industries, we have seen these challenges continue to grow as they navigate changing regulations. The support service carries out approximately one million conversations per month—helping clients who prefer using digital channels to get quick service.

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How to implement the General Data Protection Regulation (GDPR)

IBM Services

The General Data Protection Regulation (GDPR), the European Union’s landmark data privacy law, took effect in 2018. Irish regulators hit Meta with a EUR 1.2 To ensure that consent is free, organizations can only require consent for data processing activities that are genuinely integral to a service. billion fine in 2023.

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Payments IT Services PEAK Matrix® Assessment 2023

Everest Group

Payments IT Services PEAK Matrix® Assessment The payments landscape is changing rapidly. New regulations and standards, such as ISO 20022, are paving the way for faster and more efficient payments. Today, consumers have more payment options than ever before. These new data standards create numerous opportunities for data monetization.

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