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Bank Use of Cloud Technology

CRS In Focus – Bank Use of Cloud Technology, December 3, 2021: “The banking industry has been a prominent, if sometimes skeptical, adopter of cloud technology.Proponents promise scalability, flexibility, and cost savings, among other benefits.However, the technology also introduces potential operational risks and policy concerns, such as systemic risk. Banking’s steady, but not advanced, adoption of this technology reflects this trade-off…”

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