News Topic: Business continuity
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Banks can ill afford to get complacent about coronavirus
Business continuity plans should be used constantly, not just when the crisis is at its peak, says the New York Fed’s head of financial services. ... Read full article
How TD got a head start on coronavirus preparations
Reports from the Singapore office, a coronavirus war room and a hardworking IT staff all helped TD Bank Group get nearly all employees ready to work from home and able to handle a tripling of remote deposit capture activity. ... Read full article
Banks in wildfires' path scramble to contact employees
Assessments of damage to branches and customers' homes have been elusive. ... Read full article
When disaster strikes, digital banking can become a lifeline
Hurricane Maria left behind a shattered Puerto Rico. Camille Burckhart and her technology team at Banco Popular found that they were uniquely positioned to help people rebuild. She has been selected one of our Digital Banker of the Year finalists for 2018. ... Read full article
5 ways a government shutdown will affect mortgage lending
Here's a look at what will happen at five federal agencies that support the mortgage industry if the government shuts down. ... Read full article
As Harvey looms, mortgage response takes shape
With Hurricane Harvey rapidly making its way toward the Texas coast, lenders and servicers have activated business continuity plans to accommodate pending transactions and provide options and support to existing borrowers affected by the storm. ... Read full article