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.

How AI is Transforming Banks & Banking

Dataiku

Data has always been the foundation of the banking industry. What has changed in recent years, of course, is the amount of data available and the speed at which it is processed as well as the need to quickly respond to market changes. EnterpriseAI financial services Data Transformation

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.

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

Four disruptive technologies for Banking in 2019

Trigent

In the brave new world of banking and financial services, technology has become the key to a locker filled with goodies. As a result, it is not impossible to imagine a future where opening a bank or a financial company is as simple as connecting an appliance.

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.

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.

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.

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.

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.

Catch Them If You Can: E-banking Malware Fraud

SecureWorks

Catch Them If You Can: E-banking Malware Fraud Frank Abagnale shot to notoriety in the 1960s for defrauding banks of millions of dollars with meticulously forged cheques

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.

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.

5 Data Science Challenges Banks Face (And How to Overcome Them)

DataRobot

Making predictions has been a part of the banking industry since the world was flat. These days, you would be hard-pressed to identify a line of business or function in a bank that doesn’t have multiple needs for predictive analytics.

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.

How AI Is Transforming Banking and Finance

BrainStation Technology

Experts say the entire banking and financial services industry — from trading to wealth investment to fraud prevention — will be radically transformed by machine-learning in the years ahead, be it chatbots handling financial questions or algorithms flagging credit card fraud. We might not see bank tellers replaced by humanoid robots in our lifetime, but the experience for customers in the financial services sector is set to transform in more subtle ways.

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.

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.

Finastra appathon challenges Fintechs and developers to deliver new solutions for community banks and credit unions

DevOps.com

The post Finastra appathon challenges Fintechs and developers to deliver new solutions for community banks and credit unions appeared first on DevOps.com.

How To Create A Successful Mobile Banking App?

Xicom

Even, banks understand they stand nowhere in competition unless they proffer their clients with sustainable mobile banking solutions. The point is when almost all the operations can be performed with only a laptop, what’s the need to rush to banks unless it’s something important.

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). […].

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

Delen Private Bank Heads to.NEXT Vienna 2016

Nutanix

There’s no question that enterprise application usability has for the most part been left behind

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.

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

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.

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.

Is Finance Holding Back Your Bank’s Digital Transformation?

Teradata

How can a Digital CFO break down the silos in the Bank and support the digital agenda in transforming the customer journey? Read more from our experts

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.

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.

How One of The Netherlands’ Largest Banks Came to CI/CD

The New Stack

Wiebe de Roos , a continuous integration/continuous deployment (CI/CD) consultant and engineer for ABN Amro , one of The Netherlands largest banks with over 22,000 employees, joined the company when the bank was beginning its shift to CI/CD through its DevOps/ DevSecOps initiative.

Fintech and Banks: How Can the Banking Industry Respond to the Threat of Disruption?

Toptal

But how are banks responding to this disruptive threat? This article suggest four ways banks can change their tact and respond better to fintech Fintech attention tends to focus on startups and their efforts to unbundle the financial service industry’s suite of services.

Top Use Cases for AI in Banking

Dataiku

Global business information provider IHS Markit predicts that the business value of artificial intelligence (AI) in banking will reach $300 billion by 2030. Here are some of the most promising use cases for AI in banking today. banking ai use cases

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: 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

Machine Learning Applications for Banking Fraud Detection

Dataiku

Fraud detection is one of the most pressing issues in banking. banking fraud * Data Projects & Use CasesThe U.S. Federal Trade Commission has logged millions of fraud-related complaints in the last five years ; the scale of the problem is incredible.

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.

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.

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