Digital Banking – How Does This Affect BSA and What You Should Know
Digital transformation in banking is moving fast with many banks moving to online account opening and closing branches, or seeing reduced branch activity. This comes with a completely new set of risks and also opportunities which are important for BSA leaders to consider and get ahead of. If we don’t move faster than the transformation we expose ourself and the institution to substantial risk. If we take advantage of technology though and leverage it with BSA in mind we can be more in control of risk than ever before. In this session we will explore: new risks inherent in digital banking and how to mitigate them and come out better for it.