Resources

To thrive in today's economy, financial services organizations need to access a trusted, global data ecosystem. But issues around data access and ownership are becoming more complex. As a result, we're seeing an increase in global laws and regulations to reduce risk and preserve privacy, security, safety, and ethical standards. Listen to this podcast to hear what Hillery Hunter, CTO of IBM Cloud, and Judith Pinto, a Managing Director with Promontory Financial Group, think about what comes next.

Digital technology has transformed banking interactions. Work is needed to provide consistent experience across all channels & balance security & user experience.

With more than 8 in 10 Americans using digital finance, protecting consumer access and privacy and fostering a safe, trustworthy ecosystem is of paramount importance.

Data as of Dec. 31, 2022. Dollars in thousands.

Data as of Dec. 31, 2022. Dollars in thousands.

Data as of Sep. 30, 2022. Dollars in thousands.

Data as of Sep. 30, 2022. Dollars in thousands.

Companies are feeling the pressure to report on the progress of their environmental, social, and governance (ESG) initiatives. Governments have set strict regulations to steer the world toward net-zero goals. While these regulations vary by region, one goal that's been widely adopted is to reach net zero in carbon emissions by 2050, originally set in the Paris Climate Agreement. To meet this target, major banks, including Bank of America, Deutsche Bank, Goldman Sachs, JP Morgan Chase, Morgan Stanley, and CitiGroup, have publicly outlined specific emissions benchmarks to meet by 2030. Read on to learn more.

It's likely that laws and regulation will be enacted in 2023 that will rein in cryptocurrency-related companies and banks' involvement with such companies. Georgia Quinn, general counsel, and Rachel Anderika, chief risk officer at Anchorage Digital, share the rules they think should apply.

Data as of Sep. 30, 2022. Dollars in thousands.