News & Blogs

Regulatory Compliance expert, Shelly Nicholl, walks through "hot topics" of criticism for this examination period.

The latest Economist Intelligence Unit (EIU) report: ‘Overseeing AI: Governing artificial intelligence in banking’ sponsored by Temenos, takes a deep dive into the complex world of Artificial Intelligence (AI). Like many new technologies before it, AI is still at the stage where it has to prove itself to be useful to bank customers. There is still healthy scepticism in the minds of customers around the use of AI by banks, and it will take time for that to be broken down.

The report says that the guidance that regulators have offered so far can be described as “light touch”, taking the form of information and recommendations rather than rules or standards. This is a potential minefield for banks which think AI is a type of wonder-solution. The report postulates that this 'light-touch' approach is to avoid drying up innovation. Another reason how AI will evolve. AI is still in its early years and not many vendors really understand its potential or likely direction. As the report points out, there is no single expert who can answer every query about how AI works.

If the rise of open banking over the last few years has been responsible for an industry-wide push to digitalize, banking during the pandemic has changed that push into a…

Senior compliance advisor, Lisa Lugtigheid, explains three potential upcoming changes to the Qualified Mortgage rules issued by the Bureau.

This Blog touches on the recent study by Aite, titled: ‘COVID-19: A Global Perspective on the Impact on Wealth Management,’ sponsored by Temenos.

Don't let legacy systems restrict your business strategy. Find out what credit unions need to do to serve the immediate and future needs of their members.

Temenos’ multi-experience development platform (MXDP) gives banks a low-code environment to develop new customer touchpoints, putting innovation in the hands of the user and ensuring a seamless channel hand-off every time, says Brian Abele

Regulatory compliance expert, Cindy LeBlanc shares main topics to be covered during Synergy Online 2020, a free, 1-day event on September 23rd.

Given the widespread nature of IFRS 9 changes, many banks are falling behind with their implementation plans. Are you ready?