Tag: REGULATORY CHALLENGES
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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…
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Centralization of Finance Processes: Trends and Challenges in Corporate Models
A survey by Everest Group revealed that 49% of CFOs have fully centralized their finance operations, with others adopting a hybrid model. Increased technology use is driving this trend, enhancing efficiency and standardization. However, challenges such as outdated technology and a reluctance to change remain significant barriers. Recent technological advancements have prompted a significant shift…
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Achieving Startup Growth Without Venture Capital Funding
This article examines the drawbacks of relying on venture capital funding for startup growth. It argues that VC funding shapes company culture negatively and can lead to burnout, while highlighting an alternative approach that focuses on achieving sustainable growth through careful cash flow management and strategic planning, demonstrating that success is attainable without VC involvement.…