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Bank Tech Summit 2017sawyersjacobs.com October 2527 // The Peabody Memphis // Memphis, Tennessean Tech Summit 2017 The Strategic Technology Event for Community Bankers Should Attend?CFOCEOSecurity
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Bank tech, short for bank technology, refers to the use of technology in the financial industry to improve efficiency, customer service, and security.
Banks and financial institutions are required to file bank tech to ensure compliance with regulatory requirements and to provide transparency in their operations.
Bank tech can be filled out electronically through the designated platform provided by regulatory authorities. It typically requires information about the bank's technology infrastructure, cybersecurity measures, and digital services.
The purpose of bank tech is to assess the technological capabilities and risks of banks, ensure compliance with regulatory requirements, and safeguard customer data.
Information such as the bank's cybersecurity measures, technology infrastructure, digital services offered, data protection policies, and any recent technological upgrades or investments must be reported on bank tech.
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