The Buzz

The swift collapse of Silicon Valley Bank has shaken the banking industry during the past two weeks. 

SVB engaged in risky lending practices and did not have the necessary safeguards in place, leading to a run on deposits that eventually sent the bank into receivership, Mike Sekits, co-founder and managing director of community bank partnership group BTech Consortium, tells Bank Automation News in this episode of “The Buzz” podcast. 

What is The Buzz ?

The Buzz podcast covering current trends and intriguing topics in automation and beyond courtesy of FinAi News, the definitive source for insights and news surrounding automation in financial services.