Banks are facing new digital challenges serving both customers and employees. From customer acquisition through remote employee enablement and enhanced security needs, there is widespread consensus among financial services professionals that current conditions are driving significant changes in how banks use digital tools.
For banks, prioritizing digital transformation and modernization initiatives that enable faster deployment of new technologies, streamline development efforts and reduce operating costs is an easy decision that provides lasting benefits - both for their customers and the organization at large.
City National Bank CEO Kelly Coffey talks about what she’s doing to create a more transparent and supportive workplace, as well as the challenges of expanding during a pandemic.
Bank of America's Managing Director for Small Business Sharon Miller led the company's involvement in the Paycheck Protection Program, which produced more than 343.000 loans, most in the country.
2020 has been a reactionary year to say the least. Banks have had to pivot to digital years ahead of schedule while also dealing with remote staff and increased call volumes.
While organizations worry about newly pressing concerns—workforce well-being, finance availability, and the resiliency of operations and supply chains—cybersecurity is being overshadowed and risks are rising.