A call to rethink the banking value chain

DXC

Banking & Capital Markets Digital Transformation Distinguished Technologists Platform api banking core banking fintech KYC platform value chainFinancial services is shifting to platforms for business functions and processes, and that’s a good thing.

Embracing open banking and API ecosystem

Hacker Earth Developers Blog

If implemented effectively, open banking will unlock innovation that will transform and improve the customer banking experience. Banking And Finance, Open Standards And Open Apis. Overview of open banking . How India’s largest bank leveraged developer ecosystem.

Secure Bank Password

I'm Programmer

The post Secure Bank Password appeared first on I'm Programmer. Programming Funny Images Programming Jokes Get UserId and Password for Bank How Secure Is My Password? password security password security tips Password strength Secure Bank Password

Blockchain: Distributed Shared Ledger Technology in Banking

Hacker Earth Developers Blog

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. Benefits of Blockchain in banking. Source: Banking on Blockchain. Intra-bank cross-border payments.

CIOs Help Banks Prepare For The End Of The World

The Accidental Successful CIO

CIOs at banks have a great deal to worry about. As though this wasn’t bad enough, every bank is connected to every other bank. What this means is that if something bad happened to a connected bank, then your bank could also suffer. banking and financial system.

Is Your Bank Ready to Navigate the Open Banking Crossroads?

Newgen Software

What implications does open banking have and how prepared is your bank to adapt with these evolving technologies. The post Is Your Bank Ready to Navigate the Open Banking Crossroads? Related posts: Central Processing Centers: Adding New Dimensions to Banking Services.

Why Everyone Needs to Know a Banking Expert Witness

Strategy Driven

Having a network that includes a banking expert , or knowing of a reputable one, could be important on short notice. The complexities of banking and finance involve a lot of moving parts as well as regulations and systems that are constantly in flux.

Blockchain Set to Revolutionize Banking Sector

CTOvision

Read Pratip Biswas explain how blockchain technology can revolutionize the banking sector by using the Hyperledger on Dzone Blog : The banking sector forms the backbone of any economy. With the technology innovations making way into the arena, the banking sector has been moving away from traditional methods.

Application of advanced analytics and machine learning in the banking industry

Hacker Earth Developers Blog

Banks have always been custodian of customer data, but they lack the technological and analytical capability to derive value from the data. Hence, leveraging banking data is no longer an ambitious technology project; it is a business imperative.

Why Your Business Needs An Online Bank Account

Strategy Driven

Online banking has become increasingly popular over the years with many people choosing to manage their finances online. This is because there are many benefits to online banking such as easy access to your finances, online transfers and much more.

How U.S. Bank Uses A.I. and Machine Learning to Deeply Personalize Your Banking Experience

Teradata

Bank is using AI to improve and personalize the banking experience Katherine Knowles-Marchione explains how US.

HSBC BANKS ON DEVOPS, INVESTS $10M IN CLOUDBEES

DevOps.com

The post HSBC BANKS ON DEVOPS, INVESTS $10M IN CLOUDBEES appeared first on DevOps.com.

Why Fintech Will be The End of Traditional Banking

Strategy Driven

These are some of the fundamental questions that Fintech businesses start with, which expose that the banking industry is woefully behind on the times. A wider movement is noticeable beyond just online-only (app-based) banks, which can be seen in how people can get mortgages and loans.

JPMorgan Expanding Blockchain Project With 220 Banks to Include Payments

CTOvision

Investment banking giant JPMorgan Chase is planning to expand an existing blockchain project to include settlement features as it seeks to fend off competition from payments upstarts such as TransferWise and Ripple. The blockchain-based Interbank Information Network (IIN), set up in partnership with Australia’s ANZ bank and the Royal Bank of Canada back in 2017, currently […].

PSD2 & Open Banking guidance: Introduction

Akana

The post PSD2 & Open Banking guidance: Introduction appeared first on API Management Blog - Akana. API Management open banking PSD2First in a series of blogs covering PSD2 from a technical perspective and guidance on what your technical implementations could look like.

PSD2 & Open Banking: The technical implications

Akana

The post PSD2 & Open Banking: The technical implications appeared first on API Management Blog - Akana. API Management open banking PSD2The technical implications of complying to the PSD2 standard and how APIs can help.

National Bank Readies Itself for the Rise of the Robots

Sailpoint

Count this national bank in that group. This bank, one of the nation’s largest, recently embarked on its own efforts to increase its level of automation and robotic process automation, while also focusing on minimizing risk.

Neobanks disrupt traditional banking: key players & facts

Apiumhub

Over the past years, neobanks have been making headlines by attracting big venture capital investments and disrupting the traditional banking system. Earlier in the year, Atom Bank pulled in a total of $140 million, etc. As we know, banking system nowadays is not perfect and people hate going to the physical office and doing paperwork on a regular basis, therefore more and more people switch to mobile only banks. Banks of this kind must obtain banking licences.

3 Disruptive Ideas Banks Can Take from Tesla Model 3

Newgen Software

The post 3 Disruptive Ideas Banks Can Take from Tesla Model 3 appeared first on Newgen Software. Related posts: 5 Takeaways for Banks from the Under-17 FIFA World Cup Final. Scrabble Strategy for Banks – Tips for Earning Customer Retention. Banking

5 Burning Technologies You Need to Become a Bank of the Future

Newgen Software

5 technologies that help a bank survive in the future by redefining their very operational model. The post 5 Burning Technologies You Need to Become a Bank of the Future appeared first on Newgen Software. Related posts: Customers have Options, Banks don’t…. Banking

PSD2 & Open Banking guidance: Introduction

Akana

The post PSD2 & Open Banking guidance: Introduction appeared first on API Management Blog - Akana. API Management open banking PSD2First in a series of blogs covering PSD2 from a technical perspective and guidance on what your technical implementations could look like.

PSD2 & Open Banking: The technical implications

Akana

The post PSD2 & Open Banking: The technical implications appeared first on API Management Blog - Akana. API Management open banking PSD2The technical implications of complying to the PSD2 standard and how APIs can help.

PSD2 & Open Banking: Leveraging the UK OB experience

Akana

How PSD2 standards help with the implementation of a dedicated interface and what we can learn from UK Open Banking experiences. The post PSD2 & Open Banking: Leveraging the UK OB experience appeared first on API Management Blog - Akana. API Management open banking PSD2

Banking Industry Leverages the Power of SaaS-based Identity to Scale

Sailpoint

This New England bank has grown 200% in the last three years causing their employee count to quadruple. At the time, they were a $600 million bank and this year just surpassed $4 billion in federal and private loan consolidation.

Ghosts in the Bank

Coalfire

There was the bank. We approached the bank and made a quick walk around the block identifying windows, entries and exits and connecting the dots of what I found on Google Maps. Trying not to cause any suspicion, we quickly made our way back to the sidewalk and walked away from the bank.

PSD2 & Open Banking: The role of API management

Akana

How API management solutions play a vital role in PSD2-compliant, secure, and resilient API interfaces for open banking. The post PSD2 & Open Banking: The role of API management appeared first on API Management Blog - Akana. API Management open banking PSD2

What CIOs Can Learn From Bank of America’s Trip Into The Cloud

The Accidental Successful CIO

Bank Of America is slowly moving into the cloud Image Credit: Mike Mozart. Just imagine if you were David Rilly, chief technology officer at Bank of America. Let’s face it, if you were the person with the CIO job at a major American bank, then you would have a lot going on.

PSD2 & Open Banking: The role of API management

Akana

How API management solutions play a vital role in PSD2-compliant, secure, and resilient API interfaces for open banking. The post PSD2 & Open Banking: The role of API management appeared first on API Management Blog - Akana. API Management open banking PSD2

PSD2 & Open Banking: Leveraging the UK OB experience

Akana

How PSD2 standards help with the implementation of a dedicated interface and what we can learn from UK Open Banking experiences. The post PSD2 & Open Banking: Leveraging the UK OB experience appeared first on API Management Blog - Akana. API Management open banking PSD2

How Biometric Authentication Is Revolutionizing the Mobile Banking Industry

Xicom

In today’s hi-tech age, many companies especially banks and financial institutions are facing the threat of frauds therefore these organizations are moving towards providing better security and authentication by using biometric authentication in their technical system.

ForgeRock Launches Sandbox-as-a-Service for Open Banking and PSD2 Compliance

DevOps.com

Cloud-based Testing Environment for APIs Enables Banks to Accelerate Compliance with Open Banking and PSD2 Deadlines LONDON – March 18, 2019 – ForgeRock®, the leading platform provider of digital identity management solutions, today announced the availability of a new Sandbox-as-a-Service, designed to help banks achieve compliance with Open Banking and the Revised Payment Service Directive (PSD2). […].

Open Banking and Financial APIs: How to Integrate Your Company with the Digital Financial Ecosystem

Altexsoft

Bank secrecy, security terms, the lack of trust in technology, and strict regulations slow down industry development from the tech perspective. What is open banking and how is it related to bank APIs. As we mentioned, the technology behind open banking is using APIs.

“Comply, you must comply!” – How Nordea Bank deals with regulatory compliance

Cloudera

How banks deal with regulatory compliance is actually changing for the better. With big data platforms, like ones based on open source software, banks can more effectively adapt to and quickly manage the wave of rules coming at them. Alasdair Anderson, Executive Vice President of Big Data, Nordea Bank AB, In order for Nordea to comply, they needed a big data platform that was cost-effective, faster, efficient, and more secure than their legacy technology.

Wells Fargo’s CIO Drops The Ball

The Accidental Successful CIO

If you were the CIO of a major bank responsible for the importance of information technology, what do you think that your #1 job responsibility would be? Over at the major American bank, Wells Fargo, their CIO has just dropped the ball and their IT systems were down for two days.

World Bank and GSA Discuss Data Center Optimization and Consolidation 9 June

CTOvision

Join Frank Butler of The World Bank and Dan Pomeroy of the GSA on 9 June at the Tower Club in Tysons Corner for a discussion of how they and their teams optimized and consolidated their data centers, resulting in increased efficiency and lower costs. Frank Butler will kick off the discussion by describing how the World Bank optimized and consolidated their data centers, resulting in significant savings for the organization. Charles Hall.