Recorded: November 12, 2020
Length: 60 Minutes
Rapid changes and advances in technology
enable banks to provide their customers with enhanced experiences and new
products and services. Community banks can effectively compete with larger
institutions by relying on third-party vendors to achieve speed-to-market by
adding capabilities without the expenses of owning the required infrastructure or
maintaining the resources required to deploy and operate it. However,
outsourcing does not eliminate the risks associated with all new initiatives,
such as properly the evaluating the business initiative, allocating the
resources, compliance requirements, and assuring resilience and recovery
capabilities. A robust pre-decisioning process is often overlooked or
inadequately documented, and regulators are increasingly scrutinizing this
phase of the process.
This webinar will discuss why these first
steps are so important to the success of any project. Join this webinar to
learn about the considerations banks should take prior to selecting a vendor
and how to avoid some of the most common pitfalls. This webinar will also
introduce valuable new IT Outsourcing resources available exclusively to ICBA
members.
Speakers:
Deborah Matthews Phillips, AAP, Senior Vice President,
Payments and Technology Policy, ICBA, Senior Vice President,
Industry Relations, ICBA Bancard
Tom Hinkel, Vice President of Compliance Services, SafeSystems
Pricing:
ICBA Member Community Banks: Complimentary
1 CPE Credit
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