It’s Time to Scrap Screen Scraping for Good

It’s Time to Scrap Screen Scraping for Good

While screen scraping is one of the earliest forms of opening up the mainframe, these days it’s widely considered unsafe. If you use an app where you have to enter in your log-in credentials to grant access to your banking data, screen scraping is occurring. However,...
Fintech South 2020: The Unlikely Year of Digital Innovation

Fintech South 2020: The Unlikely Year of Digital Innovation

At the Fintech South summit this year, the impact of the coronavirus pandemic on the financial ecosystem was the overarching topic. Rightfully so, as the event itself was impacted. The 2,500 summit attendees, typically housed in Atlanta’s Mercedes Benz Stadium,...
Has the Ship Sailed on Open Banking Partnerships?

Has the Ship Sailed on Open Banking Partnerships?

Last year, the finance industry buzzed with the endless possibilities of fintech and traditional banking partnerships. It was believed that traditional banks might benefit from the speed, agility, and focus of startups. Plus, they could keep a close eye on disruptive...
Open Banking: Using Rich Data and Functionality

Open Banking: Using Rich Data and Functionality

As a bank executive, you know your company has access to all kinds of data, and your job is to find the most valuable ways to use it. Data is an opportunity to understand your customers better and get an idea of their needs. According to Srini Nallasivan, chief...
The Importance of Middle and Back Office Operations

The Importance of Middle and Back Office Operations

The open banking movement has been spreading across the world, with forecasts showing it’s gradually expanding to the United States. Open banking puts consumers in control of their financial data, allowing them to decide how they want to share their information. But...