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Before that day arrives, the industry needs to reach some common agreement on what form the new improved financial data will take and who will report it.
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Another talk to note was from Srinivas Krovvidy, Director, Advanced Analytics Enablement, for Fannie Mae who shared how AI was being used to improve the reliability of financial data and assist with increased service capabilities for the organization.
MasterCard's President of North American Markets, Chris McWilton, underscores this by saying, "Only through industry collaboration and cooperation will we address the real and immediate issue of security and maintain consumer confidence and trust". By sharing information, processes and technologies, network members can improve the security of financial data, and regulatory compliance.
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CEO of Professional Science Editing for Scientists @ prosciediting.com