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...
Open Banking: Is Availability the Key to Adoption?

Open Banking: Is Availability the Key to Adoption?

When talking about IT availability, the goal is to get as close to 100% available as possible. Just as nothing in life is certain, nothing in IT is always available. Hardware and software eventually break down. Nevertheless, companies can get very close to meeting the...
Mainframes Back in Spotlight Due to COVID-19

Mainframes Back in Spotlight Due to COVID-19

Over 30 million Americans have already filed for unemployment due to the COVID-19 pandemic and legacy government systems are struggling to keep up with the staggering increase in demand. These mainframe systems rely on the programming language COBOL, and programmers...
Are U.S. Banks Ready for Open Banking?

Are U.S. Banks Ready for Open Banking?

Open banking, a concept that puts individuals in the driver’s seat when it comes to sharing their fiscal data, is impacting the financial services industry in countries across the globe. As its adoption continues to accelerate in the United States, consumers are...