
Open Banking Goes Mainstream
Open banking is growing up. While there are still many definitions floating around, the core tenant of embracing collaboration with third parties by sharing data
Open banking is growing up. While there are still many definitions floating around, the core tenant of embracing collaboration with third parties by sharing data
Digital is no doubt top of mind for bank execs today. Even as many look to cut costs in an uncertain environment, technology remains one
A quarter of banks surveyed by the American Bankers Association (ABA) in September 2020 are likely to leave their existing core provider when their contract
As uncertainty continues to reign into 2021, bank executives across North America are turning to technology to drive efficiencies and bring costs down. In fact,
Banking institutions globally are quickly moving beyond traditional open banking mandates, according to an analysis of external application programming interfaces (APIs) offered by the world’s
It’s no surprise that mobile banking use has spiked during the Covid-19 pandemic. In an age of working from home and social distancing, managing your
Next-gen core banking systems could dramatically increase speed to market over traditional legacy systems, according to data compiled by McKinsey. The analysis looked at how long it
Customer churn at financial institutions (FIs) could spike in the next two years, according to Foresight Research data cited by the Financial Brand. Foresight conducted a
Let’s be honest, as we head into 2021, we’re all tracking the same big trends. Banking-as-a-Service (BaaS), of course, springs to mind, along with open
New data from LexisNexis shows that financial institutions (FIs) allocating 50% or more of their compliance costs to technology are seeing less disruption from Covid-19 than their
Fintechs are boosting their capabilities in light of the Covid-19 pandemic, according to the recently released 2020 Global Covid-19 FinTech Market Rapid Assessment Report. In fact, 60%
Banks are considering adding more digital capabilities to their branches in 2021, according to Deloitte’s recently released banking and capital markets outlook for the year ahead. Nearly
Early stage fintech deal activity is perking up as we close out 2020. According to CB Insights’ latest State of Fintech report, seed/angel and Series A
Fintech users have greater confidence in their relationship with money than nonusers, data from Plaid’s The Fintech Effect report shows. A whopping 81% of fintech users surveyed
While the pandemic continues to bring renewed focus on digital transformation among financial institutions, this fervor has yet to drive substantiative change within the commercial banking realm, according
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