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Managed File Transfer in Banking: A Complete Guide

Astera

As information security has become an increasingly paramount concern as critical data, safeguarding sensitive data has become imperative. Managed File Transfer (MFT) emerges as an indispensable tool for the financial services industry. Manual file transfers are time-consuming and prone to errors.

Banking 52
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Principles of Cloud Data Governance For Banks

The Data Administration Newsletter

Banks – and their data volumes – are at the epicenter of the world’s digital transformation. The pace of change mirrors the velocity, volume, and variety of data within the industry. It is where new products, new markets, and new touchpoints mean new – often cloud-based – ways to do business in financial services.

Banking 59
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The Future of Digital Currencies and Data Management

Dataversity

The post The Future of Digital Currencies and Data Management appeared first on DATAVERSITY.

Digital 246
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Elevating Real Estate Financial Management: The Benefits of Automated Bank Statement Data Extraction

Astera

Simplifying Real Estate Financial Management: What to Look for in an Automated Bank Statement Data Extraction Solution In the dynamic world of real estate, professionals face the exciting challenge of handling a significant volume of bank statements as part of their financial operations.

Banking 40
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Data Governance: How Can It Be a Crucial Enabler for Managing Data Risks?

Dataversity

In July 2021, one of the world’s leading banks revealed a loss of $5.5 The bank identified the “failure of management and controls” in its investment banking arm as the fundamental cause of this loss. billion due to a default by one of its customers.

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AI-Driven Innovations in Enterprise Data Storage for Financial Data Management 

Astera

With more information available than ever before, it’s crucial that companies are equipped with the right tools to manage, store, and analyze this data. This is where artificial intelligence (AI) comes in. AI can also automate data encryption, ensuring that sensitive data is protected both at rest and in transit.

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7 Key Industries Being Transformed by Data Savvy Virtual Agents

Smart Data Collective

Banking has been gradually going digital for years now, but that shift was accelerated last year. Without being able to physically enter branches, more people were reaching out to their banks via phone or online. To ramp up this increased need for virtual customer support, many banks have turned to using virtual assistants.

Retail 209