Tag: FINANCIAL SERVICES AUTHORITY
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Building Resilient Banks in a Digital Era: Strategies for Success
The article delineates the pressing need for banks to integrate resilience into their operational frameworks amidst increasing technological failures. It outlines six foundational elements for enhancing resilience, emphasizing strategic alignment, critical service prioritization, organizational preparedness, automation, monitoring, and robust infrastructure. The discussion underscores the balance banks must achieve between innovation and reliability to meet customer…