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Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation

PYMNTS

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Through the initiatives in the policy, the goal is to foster the advancement of digital technologies and create new financial services and products.

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JPMorgan restricts staff from using ChatGPT | HSBC estimate 5-10% of assets will be tokenized by 2030 | Euronext launches €5.5B bid for Allfunds

Bussman Advisory

bid for Allfunds More information on www.bussmannadvisory.com The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? The post JPMorgan restricts staff from using ChatGPT | HSBC estimate 5-10% of assets will be tokenized by 2030 | Euronext launches €5.5B

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Asia Will Lead In Use of AI and Automation in Financial Services, Study Says

Bank Innovation

The advent of AI technology, with innumerable use cases for financial services, will also have a great impact on cost savings and output for companies. By 2030 the global growth rate for use of automation technology in companies, including fintech and financial services, will stand at 15%.

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Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Speed Up Innovation

Bobsguide

Through focused, innovative products, services, and a redefined operating model, BDB has been stimulating and driving entrepreneurial activity in the country. It will interface with technology offerings from TCS’ partners for CRM, sales, risk management and other enterprise functions.

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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

This decade-long crisis touches banks’ products, technologies, people, processes and the political climate. This crisis touches banks’ products, technologies, people, processes and the political climate. Every management fad has a life cycle, and the innovation fad is on its last legs. 2) Zombie cores.

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Finastra research points to open finance progress

Bobsguide

These compelling figures speak to a marked industry shift towards ‘open’ and reflect our journey, creating ways to innovate at scale and pace, and accelerate innovation through collaboration,” said Simon Paris, CEO at Finastra. “In This is underpinned by FusionFabric.cloud – an open platform for innovation and collaboration.

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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. Based on our advisory work with hundreds of financial institutions and fintechs, Cornerstone has identified four Foundational Pillars of Smarter Bank Leadership.