How ready is your data center for Banking & Financial Services 4.0?

It took ten years for customers to shift from branches to digital channels. Industry estimates suggest, it will take half as much time, for fifty percent of banking transactions to move from bank-owned channels to third-party channels – thanks to open banking, which is a key trend reshaping the banking industry.Combining this big industry shift with eleven other key trends, one can be fully certain that our industry will reset itself forever! This research report deliberates on the 12 trends that are set to re-shape banking in 2019 and beyond.

It’s been almost a year since the U.S. Supreme Court endorsed economic nexus in South Dakota v. Wayfair. This session Thomson Reuters Indirect Tax Proposition Leader, Adam Schaffner, and Proposition Manager, Melissa Oaks, will provide an overview of key state tax developments since the decision and how tax technology can help yo

Modernization and transformation are top of mind for IT leaders as strive for resilience in today’s dynamic environment. An important component of an organization’s fiscal well-being is its tax system. And too often, those systems are left out or marginalized when the topic of modernization comes up. At many organizations, cloud

Community Reinvestment Act (CRA) compliance has always been a critical compliance activity for banks. Bank regulatory agencies released a joint rulemaking proposal to amend the 1977 Community Reinvestment Act, which requires banks to provide services to low- and moderate-income (LMI) communities. Regardless of whether the proposed rulemaking becomes final or is amended, the regulatory and political focus on CRA, and how banks and credit unions are investing in underserved communities, is intensifying. Banks and credit unions need to develop strategies and look for growth opportunities to ensure they are serving markets that may lack access to financial products, not only from a compliance perspective, but also from a reputational one.