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Big Data - Banking Exchange
Resolution plans for the top eight US banks have been assessed by the Fed and the FDIC
The very term “financial services” suggests gravitas
Plus: First Federal Bank of Kansas City overhauls banking app; Seymour Bank partners with Teslar for commercial lending
The new regulation, under the Fair Credit reporting Act, combats the misuse and abuse of personal data on background screening and credit reports
Compared to healthcare, traditional banks look like trailblazers
84% of financial institutions need to act to leverage data
The COVID-19 pandemic has upended virtually every aspect of life for American consumers
In sharp contrast with 2020, this summer is starting to show promising signs of a return to normalcy
Data is a huge problem in the financial services industry
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