Great customer experience alone won’t keep customers from joining fintechs. Banks must use data to build an emotional bond based on outcomes.
Frost Bank's data-sharing deal with Plaid — its first big step in open banking — was driven by customers' demand to synch with fintech
Open banking — and open finance even more so — is the key to creating personalized banking experiences and driving financial
The tech giant's startup acquisition could enhance credit card penetration in the U.S. and beyond while improving Apple Pay
The cloud is banishing clunky digital technology. So says the CEO of a Big Three tech provider, who is staking his company's future on
Refocusing on what consumers really want from open banking and using the technology to save them time and effort are
It may take years for the U.S. to fully embrace open banking, even though consumers routinely link third-party apps to their bank
Fintechs are making deep inroads in the small business banking market, including lending, forcing banks to up their game.
The financial institutions that will win in an open banking environment are already planning now and overhauling legacy IT infrastructure.
The six trends will provide competitive advantages, including increased efficiency, improved experiences and future-proofed business
Increasingly consumers want solutions to their money challenges and they don't care if it comes from a bank, a fintech or some
Moves involving Plaid and Q2, and Envestnet Yodlee and TD Bank will boost adoption of fintech data sharing by banks and credit
The development of open banking solutions by banks and credit unions requires significant support beyond existing third-party
The shift to an online landscape revolutionized banking. The industry is evolving how it shares data but consumers aren't
Banks and credit unions must 'lean into' technology to a much greater degree if they hope to prevent consumers from straying to fintechs.
Financial institutions must embrace the open banking movement as a path to relationship growth and organizational
Banking organizations must find ways to improve consumer experiences by participating in embedded financial opportunities with
A turning point in financial data sharing may be coming, which will open up opportunities for both consumers and financial
Forget what you think about this subject and focus on one thing: Financial data will increasingly be open. You can benefit or
As the world becomes more digital, fraudulent activity will continue to skyrocket. Proactive steps can help prevent financial havoc.
Behind the curve, many institutions must figure out how to make their systems synch with nonbanks that have the entrée to fresh markets.
Taking a different route than Chime and Robinhood (which it so far trails) the neobank will use fresh capital to leverage AI-enhanced