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

PYMNTS

Through the initiatives in the policy, the goal is to foster the advancement of digital technologies and create new financial services and products. Aside from providing banking customers in the Kingdom with a way to securely manage and share financial data, open banking will also give people access to custom products and services.

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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. And, quite frankly, they’re struggling.

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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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Cross-Border Payment Efforts Look To The Blockchain And Beyond

PYMNTS

Everex, which traces its genesis to 2016, has focused on distributed ledger technology for cross-border payments. Separately, in other company news, Canadian FinTech Buckzy Payments announced its launch earlier this week, eyeing international payments through what it has termed a “safe, secure and convenient ecosystem.”.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Download the free report to find out how fintech is shaping the future of wealth management and investing.

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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

Instead, small businesses searched for “business development manager,” “data analyst” and “business analyst,” to name a few. “It Rather than crunching numbers, human talent has the potential to provide the advisory services SMBs demand, while automated technologies take care of the bare-bones calculations.

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

Bobsguide

It will interface with technology offerings from TCS’ partners for CRM, sales, risk management and other enterprise functions. Further, it can leverage TCS’ fintech partner ecosystem to accelerate innovation and create superior and contextual experiences for its customers.