Tag: data

June 6, 2022

The announcement by Fidelity that it will provide 401K asset management services for Bitcoin is just the latest sign of crypto becoming a mainstream asset. Now, the question for investors is how to approach this immature and extremely volatile market. […]

February 4, 2019

Open banking is the most prominent response to the strong push from technology, competition, regulation and customer expectations. This begs the questions, why should a private bank’s open banking strategy be individual? What impact does it have on the IT […]

December 19, 2018

Open banking represents the biggest banking transformation in a generation. Regulatory initiatives, such as ‘PSD2 and Open Banking’ from the UK’s Competition and Markets Authority (CMA) empower customers to share their data and payment mandates with third parties, so they […]

June 19, 2018

The banking industry and its underlying operating model is facing pressure from multiple angles. The advent of new technologies including blockchain and artificial intelligence have started and will continue to impact the business models of banks. Meanwhile, new market entrants […]

May 15, 2018

How can financial institutions proactively combat the risks facing the industry today? The 2018 Risk Survey—presented by Bank Director and Moss Adams LLP—compiled the insights of directors, chief executive officers and senior executives of U.S. banks with more than $250 […]

May 2, 2018

There was a particular moment on the second day of his most recent testimony Facebook CEO Mark Zuckerberg struck a rare smile. Zuckerberg, on Capitol Hill to answer pointed questions about the scraping of company’s data on 87 million of […]

November 9, 2017

A gradual increase in interest rates is the best way to deal with inflation and support the U.S. economy, Loretta Mester, president and CEO of the Federal Reserve Bank of Cleveland, told CNBC Thursday. “I think a gradual path is […]

October 20, 2017

The Diebold Nixdorf International Management Seminar 2017 in Amsterdam provided insights on the digital strategies that banks are implementing today and what the future holds for retail banking. Shaping The Future of Retail Banking Around 200 banking industry managers from […]

September 21, 2017

More than sloppy cybersecurity measures, the massive data breach uncovered at Equifax revealed inherent flaws in the U.S.: the over-reliance on Social Security numbers credit reporting system in need of reform. The Social Security number is a “chief means” of […]

September 15, 2017

Today First Data (NYSE: FDC), a global leader in commerce-enabling technology, and Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NYSE:VLY), announced that they have entered into a long-term agreement to provide secure commerce solutions for the bank’s […]

May 17, 2016

Advanced analytics programs are moving the meter on how banks attract and retain customers, prevent fraud, and generate new revenue streams. As a result, adoption of third-party analytic services continues to increase. If you are grappling with how advanced analytics […]

May 13, 2016

Most Americans don’t trust anyone with their data — including Wall Street banks. And how protective bank customers are over their data might provide some ideas to big banks about how to best keep them happy. Nearly 1 in 5 […]

March 2, 2016

When speaking with prospective financial institution customers of our client lifecycle management (CLM) platform I am surprised at how often an “in-house” build solution has either already been chosen or is being seriously considered as an option. Surprised, that is, […]

March 1, 2016

Digital data has snowballed, with the proliferation of the internet, smartphones and other devices. Companies and governments alike recognise the massive potential in using this information – also known as “big data” – to drive real value for customers, and […]