Sharing Is Caring? Lessons From Dutch Banks’ Data-Sharing Program
With federal investigations pending, the autopsy of Silicon Valley Bank and resulting cascade of bank failures is only just beginning. Experts have suggested a faulty risk model is partially to blame, and while sharing customer data with its peers likely would not have saved the bank, business data analyst Sukirt Singh suggests SVB and other troubled banks could learn a thing or two from the data-sharing model embraced by several Dutch banks.
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