Banks Embracing Technology: Fast Enough for Regulators?

The buzz: Banking. Triggered by the financial crisis and subsequent regulatory changes, banks are moving toward a new paradigm of simultaneously and proactively managing risk, return, liquidity, and capital. While technology is playing a transformative role in the industry, many regulators believe banks are moving too slowly to fully embrace it. Are they right? The experts speak. Richard Fleming, Bain & Company: “Change happens by listening to people and then starting a dialogue with people who are doing something they don’t believe is right” (Jane Goodall). Michael Pinedo, New York University: “Future challenges for banking will involve determining the trade-offs between ease of use for the customer and how to maintain a high level of security and privacy.” Don Trotta, SAP: “’If everything seems under control, you’re not going fast enough’ (Mario Andretti). If regulators are now moving faster than banks ...a ‘game changer’.” Join us for Banks Embracing Technology: Fast Enough?