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The BaaS Gold Rush is On

Gonzobanker

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. BaaS is an opportunity to replace dissipating revenue streams – but it can come at a cost.

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Is a Zombie Core Eating Your Bank’s Brain?

Gonzobanker

Being on a zombie core doesn’t have to end in an apocalypse, as long as you know how to manage the system – and the vendor. Vendors, particularly those with multiple core solutions, avoid the cost and disruption of modernizing the technology in their zombie cores. No New Partners. Pacific | 2 p.m.

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Who Owns Digital? Ugh, That’s the Problem for Bankers

Gonzobanker

A successful digital product manager knows how to bring order to the chaos of digital transformation. The team at Cornerstone Advisors is often shocked at how banks spending millions of dollars on technology and digital initiatives do not review a formal digital road map at the executive level. The post Who Owns Digital?

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11 Commandments of Digital Banking: The Customer Journey

FICO

Be fascinated by your customers, not your technology. With increased competition from challengers and Fintechs, financial institutions need to approach digital transformation as an opportunity to build something fundamentally new. Remember these 3 rules: Start with first principles and rebuild how you think about financial services.

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Driving innovation in risk management: Financial risk APIs designed and engineered for the cloud

Insights on Business

However, the cloud offers many compelling advantages over traditional technology platforms. By utilizing modern technologies such as Docker and Kubernetes , the financial risk APIs can scale up and down based on the size of the job. These include: The capability to scale compute resources up and down to meet demand.

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Finovate Alumni News

Fintech Labs Insights

Join Trulioo at FinDEVr London next month where the company will lead a lunch roundtable discussion, AML, KYC, OMG: How to manage compliance with a smaller team and a better UX. Greenkey Technologies announces interconnection partnership with iMarket.

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Trulioo and the Regtech Revolution: How Smaller Teams Tackle the Compliance Challenge

Fintech Labs Insights

Highlighting the fact that regulation is a key barrier to growth for banks, a post at the Trulioo blog earlier this month underscored how important it was for FIs to leverage technology to meet these challenges. ” The possibility of smaller, more effective compliance teams is another advantage that cannot be overlooked.