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What Open Banking Means For China, Challenger Banks And SMBs

PYMNTS

At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB) customer base, with open banking and bank-FinTech collaborations an important part of that strategy. Open Banking FinTech Enfuce this week announced a partnership with financial crime and fraud management company Featurespace.

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Is a Zombie Core Eating Your Bank’s Brain?

Gonzobanker

I recently heard a banker refer to his institution’s core banking platform as a “zombie core.” Fintechs looking to increase their market will invest their R&D dollars in integrating to core solutions with vibrant, growing client bases. No New Partners. While they may travel in packs, zombies are loners.

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In The UK (And Beyond), Taming The Crypto Wild West Through Regulation

PYMNTS

Retail investors, said the FCA, “cannot reliably assess the value and risks of derivatives or exchange traded notes (ETNs) that reference certain cryptoassets” and estimated, too, that the ban could save £75 million to £234.3 Or maybe, just maybe, Panama becomes a FinTech hub. million a year. shut down late last year.

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Watson Marketing Delivers a Competitive Edge that Financial Institutions can Bank On

Insights on Business

Pressures stem from a myriad of sources: competition from fintechs; unrelenting regulatory environment; associated costs of compliance (or non-compliance!); Overarching this effort, IBM Chairman and CEO Ginny Rometty has referred to Big Data as the “world’s natural resource for the next century.”

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Innovating in the open: How the changing GRC landscape inspired IBM GRC’s latest releases in 2018

Insights on Business

These insights have not only driven the investment strategy in our portfolio, but our clients have also been active participants as we reimagined OpenPages with Watson in a process we refer to as “innovating in the open” (IO). We are organized to incorporate client perspectives at all stages of the new offering process. Efficiency.

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Open Banking vs. Embedded Banking: What's the right path for you?

Lars Markull

Let me break it down into two parts: Embedded vs. Open When we say "Open," whether in Banking or Finance, we are referring to the activity of connecting a third-party service to an existing financial product. Banking refers to financial products such as payment accounts and debit/credit cards that we use to conduct transactions.

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Banks can modernize, transform and innovate faster with DevOps

Insights on Business

When we talk about DevOps, we are referring to creating an IT process that delivers solutions for lines of business with a faster time to value. This requires IT leaders to work in short sprints, accomplishing very specific tasks, reducing development and testing cycles for a faster turnaround that brings the benefits closer to end-users.