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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.

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

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

Sensitive Matters: Banks and Sensitive Data - Part 2

Legislation changes would not suffice if they weren't accompanied by technological advances. Thankfully, the technology race started years ago and it's in a more than solid enough state for the legislation to accommodate.

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Topics: LEGISLATION, financial technology, psd2 impact on banks, API, Data Security, financial data

Author: Pablo Reyes, Software Engineer on Mar 15, 2018

21 Greatest Fintech News Sites We Read in 2018

What are the top Fintech blogs you read every day?

This is a question our team gets asked just about every day. We noticed that in the past couple of years, quite a few informative sources and banking tech news have risen to prominence.

While there is a long list of blogs to browse and many more sites we could mention, this is our go-to list of top fintech blogs we read every day.

Check out the blogs below and be sure to check our top Fintech books article for even more suggestions!

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Topics: FinTech, fintech innovation, fintech news, fintech reading, fintech resources, financial data, +fintech blog, best fintech blogs, top fintech blogs, banking tech news, banking technology news, fintech blogs

Author: Vaida Pakulyte on Oct 26, 2016

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