Vendor management

A new study from Black Kite outlines a variety of threats facing the industry and pinpoints the average cost of a breach at large and small institutions alike.

The central bank must engage core processors, community banks and The Clearing House if it wants to move quickly on building out its FedNow system.

The central bank must engage core processors, community banks and The Clearing House if it wants to move quickly on building out its FedNow system.

Institutions considering new technologies must ask themselves what they're looking for not just from a product but from a partner.

The agreement between Colorado authorities, marketplace lenders and banks offers a way to structure partnerships without triggering the wrath of state regulators.

The agreement between Colorado authorities, marketplace lenders and banks offers a way to structure partnerships without triggering the wrath of state regulators.

Banks can capitalize on Amazon’s ambitions by teaming up to launch financial products and services aimed at coveted customer segments. But they should beware the legal and regulatory pitfalls.

Many banks buy modeling tools from vendors to help detect new areas of risk, fraud and profitability without realizing their existing systems are capable of doing the same.

Many will need to ramp up security protocols and reconsider which services require a high-tech versus human touch.

The coronavirus pandemic has exposed weaknesses even at well-established fintechs. They could become more resilient by partnering with traditional financial institutions.