
The changing landscape for banks
The McKinsey Podcast
The Changing Risks for Banks
Banks are facing a great transition with changes in interest rates, wide dispersion of economic outcomes, and new regulatory requirements. They must also manage risk associated with technology, cyber, instant payments, and partnerships. To mitigate these risks, banks can leverage technology for instant payments, ensure risk awareness across different environments, and build a strong risk culture. Ultimately, managing risks correctly involves a combination of technology, culture, and everything in between.
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