9NG75YGTRC.jpg

FinTech Pulse

Data Driven Disruption in Banking: Interview with Onur Simsek

It is all about data these days. It’s relevant for everyone, not just the financial sector. What is your opinion about the position of banks in current data sharing landscape?

Absolutely. In the coming years, banking will be fundamentally different from the way we have always known it. The new currency of the digital economy will be data.

As a result of UK Open Banking and PSD2, consumers will gain a new level of control over how their data is used, and by whom. This, in essence means that banks will no longer have full ownership of financial data, as they always have, something that may look like it could pose a serious threat to current banking business models, but far from it; it also creates many opportunities for banks to leverage the data they have.

Read More

Topics: Big Data, Data Privacy, Data Security, data analytics, digital banking, data industry trends, alternative data, financial data

Author: Aoife Crean - Content Manager on Apr 11, 2018

SIBOS 2015: Banks called to action. Radically.

SIBOS 2015 clearly showed how banking is at an inflection point. Like every year, there is a general feeling that SIBOS 2015 helped raise the banks’ awareness of the values at stake and the challenges ahead. But this year more than ever, the SWIFT flagship conference also helped banks leap forward into next-generation banking by pushing for new and sustainable design solutions.

Read More

Topics: FinTech, Artificial Intelligence, Sibos, data analytics, real-time

Author: Xavier Marcillac, VP Sales APAC on Oct 20, 2015

Subscribe to Email Updates

Posts by Topic

see all

Recent Posts