The March collapse of Silicon Valley Bank, the subsidiary of $209 billion SVB Financial Corp., and $110 billion Signature Bank promises to have a dramatic effect on the banking industry, as institutions and regulators consider the industry’s risk profile and liquidity position. As banks consider how to strengthen their organizations, what does that mean for their relationships with their technology providers and the projects they’ve prioritized on their strategic road maps? Bank Director Chairman Joan Susie and Emily McCormick, vice president of editorial & research, share their views of the industry in this conversation, moderated by Editor-in-Chief Naomi Snyder. Topics discussed include:
- Why Banks’ Priorities Could Shift
- Customer Experience, Efficiency Drove Past Adoption
- Why Data Analytics, Cybersecurity and Fraud Remain Hot
- Shifting Interest in Banking as a Service and Cryptocurrency
- M&A Trends
The webinar was recorded on March 21, 2023, and references findings from Bank Director’s 2022 Technology Survey. You can access the survey report here.