Banks Diversify Cloud Portfolios to Bolster Resilience
5 Articles
5 Articles
Digitalization is transforming the financial sector, simplifying complex processes and improving access to services. Technologies such as automation and artificial intelligence make it possible to manage loan applications and grants more quickly and flexibly, responding to new expectations for immediate, secure, and transparent solutions. In recent years, several fintech companies have revolutionized the way we access financial services, offerin…
Banks Face Tougher Demands As Digital Frustrations Rise - Data Intelligence
Almost every banking interaction is digital at some point, relying on APIs and cloud services. As a result, the concept of digital resilience has expanded. No longer solely about ensuring infrastructure uptime, resilience in modern finance now encompasses the ability to deliver a service that users can trust and consistently meet critical business objectives. This shift means banks must rethink their approach to monitoring and maintaining their …
Banks Face Tougher Customer Demands as Digital Frustrations Rise
Watch more: Making Digital Resilience a Banking Priority [contact-form-7] Almost every banking interaction is digital at some point, relying on APIs and cloud services. As a result, the concept of digital resilience has expanded. No longer solely about ensuring infrastructure uptime, resilience in modern finance now encompasses the ability to deliver a service that users can trust and consistently meet critical business objectives. This…
Singapore eyes enhancing resilience and security of digital financial services
The Monetary Authority of Singapore (MAS) is eyeing enhancing resilience and security of digital financial services via launching stand-in capabilities for NETS electronic point-of-sales systems, and developing similar solutions for QR code payments. MAS’s Managing Director Chia Der Jiun said in MAS Annual Report 2024/2025 media conference on Tuesday that the regulator is giving particular focus this year to the resilience of retail payments ser…
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