Weekly Wrap looks at core, cloud, regulatory predictions

The Bank Automation News team examines banks' outdated processes that could lead to big fines this year as well as predictions for core and cloud banking services.

Show Notes

In this Weekly Wrap episode of "The Buzz" podcast, the Bank Automation News editors unpack  what could become a trend in regulatory fines in 2022 as well as predictions for core and cloud banking.  

 

The BAN team addresses one automation company's prediction that repeat errors stemming from spreadsheets and other manual process could soon see much bigger fines from U.S. regulators. The team also drills down on core and cloud industry predictions[JC1] [AM2]  and the role microservices will play in financial services this year. 

 

Tune in for a discussion of these topics and more in today's episode of the Weekly Wrap with BAN Deputy Editor Loraine Lawson and Associate Editors Aaron Marsh and Alijah Poindexter for the week ended Jan. 7, 2022.

 

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Formerly Bank Innovation, since 2009 Bank Automation News has been at the forefront of tracking the evolution of digital banking. With the future of innovation pointing to opportunities in automation, we have transitioned the focus of our coverage to continue to provide insights and information that guide industry professionals to better results.

Automation is the next frontier of financial services technology. It will improve or transform most banking processes from customer experience to compliance, lending solutions and investment. Automation technology will create the greatest transformation at financial institutions since the digitization of financial services in the wake of the Credit Crisis. Banks that are not already investing in automation technologies must begin shifting their focus to remain competitive. This transition requires investment in training and educational resources.

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