Technology Strategies Archive
An analysis of the players and strategies in the fintech battlefield ignited a massive debate, pouring fuel on an already controversial fire.
The future winners and losers in financial services will be determined by digital innovations linked to open banking APIs.
To jump start innovation, banking providers are increasingly collaborating with fintech firms, investing in them or outright acquiring them.
Open banking APIs will change financial services forever, combining services from various providers to deliver highly personalized solutions.
Combining the power of artificial intelligence and social messaging, chatbots yield increased engagement with decreased costs.
Banking providers need to be prepared to respond to an increasing array of IoT opportunities, especially in the payments space.
Banks are testing open banking and partnering with fintech firms as ways to improve customer acquisition and retention.
Open banking APIs provide opportunities to expand services offered and experiences provided consumers, making banking apps more engaging.
Voice verification, facial recognition, fingerprints, retina scanning are both easy and secure. So what's the hold up in the banking industry?
Open APIs provide banks and credit unions the opportunity to introduce fintech solutions using legacy systems faster than in the past.