Trends & Innovation

Is AI the Key to US Banks' Open Banking Readiness?
Trends & Innovation Is AI the Key to US Banks' Open Banking Readiness?

The global banking sector is navigating a transformative phase with open banking gaining prominence as a core component for financial institutions’ future success. A joint report by Sopra Steria and Sopra Banking Software, with insights from Forrester and Ipsos, presents a compelling

Evolving Banking: Technological Innovations Reshaping Finance
Digital Banking & Payments Evolving Banking: Technological Innovations Reshaping Finance

Evolving Banking: Technological Innovations Reshaping Finance The banking sector is undergoing a transformation, propelled by rapid technological advancements. This article will explore how these innovations are creating a dynamic landscape in banking and finance, focusing on new platforms, trends,

Navigating AI Integration: Retail Banking's Regulatory Hurdle
Trends & Innovation Navigating AI Integration: Retail Banking's Regulatory Hurdle

The banking sector, traditionally perceived as a bastion of conservatism and caution, is currently faced with an unprecedented technological frontier: the integration of Artificial Intelligence (AI). While AI's potential to revolutionize the industry is undeniable, its adoption within retail

How Is Generative AI Shaping the Future of Fintech?
Trends & Innovation How Is Generative AI Shaping the Future of Fintech?

How Is Generative AI Shaping the Future of Fintech? Generative artificial intelligence is quickly becoming a transformative technology in the financial technology (fintech) industry, offering innovative ways to analyze data, interact with customers, and streamline operations. Unlike conventional

How Will US Banks Tackle the Open Banking Rule?
Lending & Investment How Will US Banks Tackle the Open Banking Rule?

As the deadline for the Consumer Financial Protection Bureau's open banking rule draws nearer, set for conclusion in the forthcoming fall season, U.S. banks are facing a transformative challenge. The regulation requires financial institutions to enable customers to share their financial data with

Standard Chartered Launches Open Banking Marketplace for Businesses
Trends & Innovation Standard Chartered Launches Open Banking Marketplace for Businesses

Standard Chartered Bank is making significant strides in the fintech sector with the launch of its Open Banking Marketplace. This innovative platform represents a major step in the digital banking evolution, offering businesses a robust arena to explore, test, and implement various Application

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