Technology when it comes to the fintech landscape is going to see an overwhelming increase with numbers hitting the $174 billion threshold in 2023 itself.
AI governance is one of the most prominent organizational tools of today to manage the banking organizations as well as financial firms to perform better.
US banking industry is stunned by rapid collapse of Silicon Valley Bank which is also regarded as second biggest collapse ever since 2008 financial crisis.
Post SVB collapse, US authorities have already started taking strict action that will help resurrect measures for better banking operations and transparency.
The US banking watchdogs have instructed all banks to analyse with caution cryptocurrencies and have robust and effective risk management practices in place.
After an almost meltdown of the pension funds last year, Bank of England will decide by 2023 end, if steep disclosure rules will be implemented for banks.
