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Open banking APIs are open for business

Insights on Business

The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. They are the mechanism that banks use to exchange customer data with other parties in a simple and secure way. Open banking is here, and it is far from being a compliance exercise.

Fintech 181
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Putting smart to work in financial services: IBM at Money20/20

Insights on Business

As a leader in the financial services industry and at the forefront of payments, mobile, commerce and financial technology, IBM will convene a terrific team of financial services experts and partners for a variety of activities at this year’s Money20/20 conference. Digital Trust in Financial Services.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

Andrew just needs to review the account and forward on to compliance for their review. Andrew can snooze until Compliance has done their work so his workspace is not cluttered. Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. Their application is middleware.

Mobile 40
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37 Corporate Innovation Labs In Finance

CB Insights

Working with FCAT, the charity searched for third-party vendors and iterated testing on compliance with legal and regulatory requirements to be able to accept Bitcoin. It also serves as a testing ground for new ideas from the Labs via customer feedback, demo bars, and workshops. PWC — Center for Technology and Innovation (CTI).