Open banking: What it is: non-banks can access data from their customers’ bank accounts to trigger payments from within an app or website, or to provide aggregated account insights. How it works: Open banking providers connect to the bank’s system via an application programming interface (API) platform, which is a connection between computers or computer programs. It…
As the fintech era brings significant change to the financial industry, it seems that even corporate insiders are constantly being exposed to new ideas and terms – and just as often left on their own to make sense of them. For example, many businesses are just now coming to fully understand and utilize “Banking as…
Do you have a big idea? Or, better yet, THE big idea? It just might be the way to kick off your best year ever. Maybe it’s a brand-new product or service that you’re certain your target market needs and wants. Perhaps it’s a line extension that will further enhance your present offerings. Whatever it…
