Lenders must satisfy regulators’ cloud inquiries, Truist’s Elliott says

SEATTLE — Lenders migrating to the cloud must fully understand their technology in order to satisfy potential inquiries from regulators, Bryce Elliott, Truist’s Chief Information Officer for Wholesale and Enterprise Payments, said today during the Bank Automation Summit Fall event in Seattle. “Regulatory bodies, whether internal or external, are always going to want to know: Do you know […]