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,...
While mainframes are stable, secure and reliable, traditional banks often have issues connecting these legacy systems to newer technology. As open banking rapidly transforms the financial landscape, innovative organizations see its value but are wary of the obstacles...
As the open banking movement continues to spread across the globe, some financial services companies are viewing it as a threat to traditional banking models. While these companies are delaying adoption, successful banks will use it as an opportunity to monetize and...
As strong advocates of open banking adoption, we’re excited to announce the launch of the new Open Banking SmartBridge. Our new offering provides financial institutions and banks with a simple, secure way to connect their legacy IT systems to a plethora of third-party...
The concept of open banking is often described as the free exchange of data with consumer consent, of course. The goal is to anticipate individual consumer needs by feeding AI and machine learning programs with buckets of data. Then, team up with third parties to...
GT Software is an authorized partner of Broadcom, providing software solutions that enhance, integrate and support Broadcom’s technologies and software products.