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FinTech Pulse

Why Banks Need Fintechs To Understand Their Customers

The banking and fintech community now widely view data as the new frontier of finance. The successful banks of tomorrow understand that the key to success lies in harnessing their massive amounts of customer data, and to successfully do this, they must collaborate with their agile counterparts, fintechs.

Steve Ellis, head of innovation at Wells Fargo identified fintech’s leading role in customer data analysis and that “there will be places where partnering with (fintechs) makes perfect sense.” Ruth Wandhofer, global head of regulatory and market strategy at Citibank, says that fintechs "should produce solutions around innovating bank data."

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Topics: FinTech, Innovation, fintech disruption, fintech innovation

Author: Timothy J.Woods on Oct 14, 2016

The State of the Banking Industry in 2016

There has never been a time of greater change in the banking industry. Customer demands are changing rapidly and banks are under huge pressure to adapt their services in line with these expectations.

In this special edition of FinTech Pulse, financial technology news leader bobsguide talks to Dr. Marc Torrens (CIO), Luis Rodriguez (VP Product Strategy) and Albert Morales (Product Manager) about the state of the banking industry today. 

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Topics: Disrupting Banking, FinTech, Digital Transformation, Innovation, Retail banking, FinTech Race, digital banking

Author: Nicole Harper, Content Manager on May 13, 2016

Mobile World Congress 2016: FinTech Highlights

The Mobile World Congress wrapped up this week, and it was an incredible event. MWC has always been the place where people go to learn more about the most innovative technologies, latest trends in mobile, and to debate key issues in the industry. In 2016, the congress continued to lead the discourse. It´s impossible to follow everything so we´ve handpicked the best payments related bits for you. 

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Topics: FinTech, Mobile, Innovation, Mobile World Congress, payments

Author: Vaida Pakulyte on Feb 26, 2016

Getting the most out of Java: Strands at JBCNConf

At Strands we are always seeking easier and more powerful ways to fulfill banking needs, which is why we constantly keep an eye on emerging tech trends.

Last month, Strands engineers attended JBCNConf, the first big Java convention in Barcelona. The conference was a fantastic opportunity for us to exchange knowledge with our peers in other sectors and learn about the newest tools and techniques that enable us get the most out of Java for big data analytics and machine learning.

Many exciting workshops took place over the two days. Some of the more interesting topics covered were:

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Topics: FinTech, API, Innovation, applications, software development, Java

Author: Adrián Pérez, Software Engineer on Jul 20, 2015

Banks and Sensitive Data

When I started working in FinTech, the first question I had was: "Do banks seriously give us all that data to analyze?" To be honest, I was mainly concerned about my own privacy instead of dreaming about the benefits I could get by giving some of my information to third parties.

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Topics: FinTech, API, Big Data, Data Privacy, Data Security, Innovation, Financial Regulation

Author: Pablo Reyes, Software Engineer on Jun 8, 2015

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