Time to embrace the Open Banking revolution…
Jan23

Time to embrace the Open Banking revolution…

Last week saw the introduction of the Open Banking system, a new regulatory regime that has the potential to transform UK banking. Since then a whole host of concerns have been raised, including by some of the incumbent banks, who fear increased competition from the challenger banks and more empowered customers. Open Banking ensures that banks allow third parties to access the data of customers who authorise it, which – in turn – will...

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FICO Partners with 4most Europe to Accelerate Banks’ Regulatory Compliance
Jan23

FICO Partners with 4most Europe to Accelerate Banks’ Regulatory Compliance

Analytics software firm FICO today announced a partnership with risk analytics consultants 4most Europe to help European financial institutions comply with banking regulations. 4most, a leading European firm in regulatory risk analytics and programme management, will deliver FICO® Decision Central™ software for analytic model governance to customers, and provide consulting. Under European regulations, it is increasingly important for...

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Are We Witnessing the Start of the ‘Open Banking Revolution’?
May22

Are We Witnessing the Start of the ‘Open Banking Revolution’?

Technological innovation has always had an influence on banking. The scale and pace of technological developments in recent times, however, has the potential to drive change at unprecedented levels, with many commentators suggesting that we are witnessing the early stages of a digital transformation of the industry. For instance, the beginning of next year could see the start of what some anticipate as the ‘open banking revolution’ –...

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